Director at OFG Bancorp (NYSE: OFG) receives 1,500 restricted units

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

De Jesus Nestor reported acquisition or exercise transactions in this Form 4 filing.

OFG Bancorp director Nestor De Jesus received a grant of 1,500 restricted units tied to common stock. These units were awarded under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan pursuant to a grant dated February 26, 2026.

The restricted period is scheduled to lapse in full on the first anniversary of the award date, after which the grantee is expected to receive 1,500 underlying shares of common stock. Following this award, De Jesus holds 1,500 restricted units directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider De Jesus Nestor

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Units	1,500	$0.00	--

Holdings After Transaction: Restricted Units — 1,500 shares (Direct)

Footnotes (1)

Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the "Plan") per grant of Restricted Units of February 26, 2026. Not applicable. The Grantee is expected to receive the underlying shares of Common Stock at the end of the Restricted Period. Subject to the provisions of the Plan, the Restricted Period shall lapse in its entirety on the first anniversary of the date of the Award. Not applicable.

Key Figures

Restricted units granted: 1,500 units Underlying common shares: 1,500 shares Grant price per unit: $0.00 per unit +2 more

5 metrics

Restricted units granted 1,500 units Grant to director Nestor De Jesus, Form 4

Underlying common shares 1,500 shares Expected delivery at end of restricted period

Grant price per unit $0.00 per unit Equity compensation grant, not an open-market purchase

Holdings after transaction 1,500 restricted units Total restricted units directly held following the award

Award date reference February 26, 2026 Grant date for restricted units under the plan

Key Terms

Restricted Units, OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan, Restricted Period, underlying shares of Common Stock

4 terms

Restricted Units financial

"per grant of Restricted Units of February 26, 2026"

OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan financial

"Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan"

Restricted Period financial

"the Restricted Period shall lapse in its entirety on the first anniversary"

underlying shares of Common Stock financial

"the Grantee is expected to receive the underlying shares of Common Stock at the end"

Form 4 Insider Transactions: What Each Field Means →

04/01/2026 - 04:23 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

De Jesus Nestor

(Last)

(First)

(Middle)

P.O. BOX 195115

(Street)

SAN JUAN

PUERTO RICO

00919-5115

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
OFG BANCORP [ OFG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Units⁽¹⁾	⁽²⁾	03/30/2026		A		1,500		⁽³⁾	⁽³⁾	Common Stock	1,500	⁽⁴⁾	1,500	D

Explanation of Responses:

1. Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the "Plan") per grant of Restricted Units of February 26, 2026.

2. Not applicable. The Grantee is expected to receive the underlying shares of Common Stock at the end of the Restricted Period.

3. Subject to the provisions of the Plan, the Restricted Period shall lapse in its entirety on the first anniversary of the date of the Award.

4. Not applicable.

Remarks:

	/s /Nilda M. Vazquez-Rodriguez, Attorney-in-Fact for De Jesus Nestor	04/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did OFG (OFG Bancorp) report for Nestor De Jesus?

OFG Bancorp reported that director Nestor De Jesus received a grant of 1,500 restricted units. These units are tied to common stock and were awarded under the company’s Omnibus Performance Incentive Plan pursuant to a February 26, 2026 grant.

How many restricted units were granted to the OFG director in this Form 4 filing?

The filing shows a grant of 1,500 restricted units to director Nestor De Jesus. Each unit corresponds to one share of OFG Bancorp common stock, so the award represents 1,500 underlying common shares once the restricted period ends.

Under what plan were the 1,500 restricted units for OFG’s director awarded?

The 1,500 restricted units were awarded under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan. This plan governs equity-based compensation, including restricted units granted to directors and other eligible participants, according to the filing’s footnotes.

When will the restricted period lapse for the OFG Bancorp restricted units grant?

The restricted period will lapse in its entirety on the first anniversary of the award date. The award date referenced is February 26, 2026, so the restricted units are scheduled to fully vest one year after that grant date, per the plan provisions.

What does the Form 4 say about the underlying common stock for OFG’s restricted units?

The Form 4 notes that the grantee is expected to receive the underlying common shares at the end of the restricted period. The 1,500 restricted units correspond to 1,500 shares of OFG Bancorp common stock, which are deliverable after vesting.

Is the OFG Bancorp director’s 1,500 restricted units grant an open-market purchase or sale?

No, the transaction is categorized as a grant or award acquisition, not an open-market trade. The units were issued at a price of $0.00 per unit as part of equity compensation, rather than being bought or sold on the market.