Ortiz Cesar A 4
4 · OFG BANCORP · Filed Mar 7, 2025
Insider Transaction Report
Form 4
OFG BANCORPOFG
Ortiz Cesar A
Chief Risk Officer
Transactions
- Exercise/Conversion
Restricted Units
2025-03-05−1,950→ 2,450 total→ Common Stock (1,950 underlying) - Award
Common Stock
2025-03-05+1,950→ 7,050 total - Tax Payment
Common Stock
2025-03-05$41.63/sh−1,199$49,914→ 5,851 total
Footnotes (4)
- [F1]Not applicable.
- [F2]Represents shares of Common Stock withheld against Restricted Units for payment of applicable taxes.
- [F3]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.
- [F4]The Restricted Units convert to Common Stock on a one-for-one basis.