Jose Rafael Fernandez - 07 Jan 2025 Form 4 Insider Report for OFG BANCORP (OFG)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	OFG	Restricted Units	Conversion of derivative security	$370,240	-8,900	-12%	$41.60	67,309	07 Jan 2025	Common Stock	8,900	$41.60	Direct	F1, F2
transaction	OFG	Restricted Units	Tax liability	$190,528	-4,580	-6.8%	$41.60	62,729	07 Jan 2025	Common Stock	4,580	$41.60	Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	As approved by the Compensation Committee, this represents the settlement in cash of a restricted unit award at the lapse of the restricted period, net of the tax withholding.
F2	Not applicable.
F3	Represents shares of Restricted Units withheld for payment of applicable taxes.