FERNANDEZ JOSE RAFAEL 4
4 · OFG BANCORP · Filed Feb 28, 2025
Insider Transaction Report
Form 4
OFG BANCORPOFG
FERNANDEZ JOSE RAFAEL
DirectorCEO; Chairman BOD
Transactions
- Exercise/Conversion
Restricted Units
2025-02-26$41.63/sh−18,683$777,773→ 44,046.17 total→ Common Stock (18,683 underlying)
Footnotes (2)
- [F1]Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the "Plan"). They represent 33% of grants of Restricted Units ("RUs") dated February 22, 2022, February 21, 2023, and February 23, 2024. As approved by the Compensation Committee. Mr. Fernandez received a cash payment based on the fair market value of the Issuer's common stock on each vesting date. No shares of common stock were issued.
- [F2]Not applicable.