Ortiz Cesar A. - 05 Mar 2025 Form 4/A - Amendment Insider Report for OFG BANCORP (OFG)

Role: Chief Risk Officer
Signature: /s /Nilda M. Vazquez-Rodriguez, Attorney-in-Fact for Ortiz Cesar A
Issuer symbol: OFG
Transactions as of: 05 Mar 2025
Net transactions value: $0
Form type: 4/A - Amendment
Filing time: 14 Mar 2025, 16:24:18 UTC
Date Of Original Report: 07 Mar 2025
Previous filing: 13 Feb 2025
Next filing: 13 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OFG	Common Stock	Options Exercise		+1,950	+38%		7,050	05 Mar 2025	Direct	F1, F2

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	Options Exercise		-1,950	-47%		2,184	05 Mar 2025	Common Stock	1,950		Direct	F1, F2, F3, F4

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

Explanation of Responses:

Id	Content
F1	This Form 4 is hereby amended to correct Column 3 of Table I, to reflect code 'M' instead of 'A', and Column 9 of Table II, to reflect that the Number of Derivative Securities Beneficially Owned Following Reported Transaction is 2184, instead of 2450.
F2	Not applicable.
F3	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.
F4	The Restricted Units convert to Common Stock on a one-to-one basis.