FERNANDEZ JOSE RAFAEL 4
4 · OFG BANCORP · Filed Jul 28, 2026
Research Summary
AI-generated summary of this filing
OFG Bancorp CEO Jose Rafael Fernandez Sells 52,352 Shares
What Happened
Jose Rafael Fernandez, CEO and Chairman of OFG Bancorp (OFG), reported the sale of 52,352 shares on July 24, 2026. The shares were disposed at $52.45 each, for a total transaction value of $2,745,773. This was a sale (reported as "S"), which is typically a liquidity or portfolio-management activity rather than a direct bullish signal.
Key Details
- Transaction date and price: July 24, 2026 — 52,352 shares sold at $52.45 per share.
- Total value: $2,745,773.
- Transaction type: Reported as an open-market or private sale ("S").
- Shares owned after transaction: Not specified in the summary provided — check the full Form 4 for "Amount of Securities Owned Following Reported Transaction."
- Footnotes/plan info: No 10b5-1 plan, tax withholding, or other footnotes were disclosed in the details provided here.
- Filing timeliness: Form 4 was filed on July 28, 2026. Because the sale occurred on July 24 (a Friday) and the form was filed on the next Tuesday (July 28), this filing appears timely (within the two business-day SEC filing window).
Context
Sales by executives can be routine (for diversification, taxes, or liquidity) and do not by themselves indicate a change in company outlook. Retail investors who track insider activity should view this as one data point; consider monitoring future filings and the full Form 4 for post-transaction holdings and any explanatory footnotes.
Insider Transaction Report
- Sale
Common Stock
2026-07-24$52.45/sh−52,352$2,745,773→ 152,656.688 total