OFG Bancorp CEO Jose Rafael Fernandez Gifts 10,000 Shares

What Happened
Jose Rafael Fernandez (CEO, Chairman of the Board and Director of OFG Bancorp) reported a gift disposal of 10,000 shares on 2026-09-15. The transaction is coded as a gift (G); no price or cash consideration is listed and the filing notes it was a bona fide gift with no consideration received. Because no sale price is involved, no dollar value is reported.

Key Details

• Transaction date: 2026-09-15
• Filing date (Form 4): 2026-09-17 — appears to be filed within the normal reporting window.
• Transaction type/code: Gift (G) — disposition of 10,000 shares.
• Price / total value: N/A (gift; no consideration received per footnote).
• Shares owned after transaction: Not disclosed in the provided filing data.
• Footnote: F1 states this was a bona fide gift with no consideration received.

Context
Gifts are classified as dispositions but do not necessarily signal the insider’s view on the company’s prospects; they often reflect personal or estate planning, charitable donations, or transfers to family. This filing is informational for investors tracking insider activity but should not be interpreted on its own as a buy or sell signal.