Kumar Ganesh - Jan 31, 2024 Form 4 Insider Report for OFG BANCORP (OFG)

Role
Chief Strategy Officer, US
Signature
/s /Nilda M. Vazquez-Rodriguez, Attorney-in-Fact for Kumar Ganesh
Stock symbol
OFG
Transactions as of
Jan 31, 2024
Transactions value $
-$374,570
Form type
4
Date filed
2/2/2024, 05:17 PM
Previous filing
Dec 21, 2023
Next filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OFG Common Stock Options Exercise +29.2K +23.34% 154K Jan 31, 2024 Direct F1, F2
transaction OFG Common Stock Tax liability -$375K -10.3K -6.66% $36.49 144K Jan 31, 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock received upon settlement of a performance share units award on February 17, 2021, under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan.
F2 Not applicable.
F3 Represents shares of Common Stock withheld against Performance Share Units for payment of applicable taxes.