Rodriguez Mari Evelyn 4
4 · OFG BANCORP · Filed Mar 7, 2025
Insider Transaction Report
Form 4
OFG BANCORPOFG
Rodriguez Mari Evelyn
Chief Retail Banking Officer
Transactions
- Award
Restricted Units
2025-03-07+1,980→ 10,414 total→ Common Stock (1,980 underlying) - Exercise/Conversion
Common Stock
2025-03-07+716→ 3,465 total - Tax Payment
Common Stock
2025-03-07$41.61/sh−198$8,239→ 3,267 total - Exercise/Conversion
Restricted Units
2025-03-07−716→ 8,434 total→ Common Stock (716 underlying)
Footnotes (7)
- [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. They represent 33% of a grant of Restricted Units ("RUs") of February 23, 2024.
- [F4]The Restricted Units convert to Common Stock on a one-to-one basis.
- [F5]Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan per grant of February 20, 2025.
- [F6]Not applicable. The Grantee is expected to receive the underlying shares of Common Stock at the end of the Restricted Period.
- [F7]Subject to the provisions of the Plan, the Restricted Period shall lapse in three annual installments as follows: 33% on the first anniversary, 33% on the second anniversary, and 33% on the third anniversary of the date of the Award.