FERNANDEZ JOSE RAFAEL sold OFG
February 26, 2025 · Form 4 insider transaction
FERNANDEZ JOSE RAFAEL sold 18,683 shares of OFG Bancorp at $41.63 per share, a transaction worth $777.8K. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 2 days after the transaction.
Direction
Disposed (sell-side)
Shares
18,683
Price
$41.63
Total value
$777.8K
InsiderFERNANDEZ JOSE RAFAEL
RoleOfficer, Director
CompanyOFG Bancorp (OFG)
SecurityRestricted Units
Transaction codeM: Option exercise
Transaction dateFebruary 26, 2025
Filing dateFebruary 28, 2025
Shares owned after44,046
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
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.; Not applicable.