OFG Bancorp Director Nestor De Jesus Sells 4,000 Shares

What Happened

• Nestor De Jesus, a director of OFG Bancorp (OFG), disposed of 4,000 shares in an open-market sale on August 12, 2026. The shares were sold at $53.00 each for total proceeds of $212,000. This transaction was a sale (Form 4 code S), not a purchase.

Key Details

• Transaction date: August 12, 2026; Form 4 filed August 14, 2026 (appears timely).
• Price: $53.00 per share; aggregate proceeds $212,000.
• Transaction type: Open-market sale (disposition).
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnotes/plan info: No 10b5-1 plan, tax-withholding, or other footnotes were reported in the transaction details.

Context

• This was a straight sale of existing shares. Sales by directors are common for liquidity or portfolio management and do not by themselves indicate the insider's view of the company. Purchases typically carry more weight for investors looking for insider conviction.