Cabrera Jose E. - 27 Feb 2023 Form 4 Insider Report for OFG BANCORP (OFG)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
01 Mar 2023, 16:45:02 UTC
Prior SEC filing
06 Apr 2022
Next SEC filing
21 Mar 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s /Nilda M. Vazquez-Rodriguez, Attorney-in-Fact for Cabrera Jose E.

Key filing fact

Cabrera Jose E. filed Form 4 for OFG BANCORP (OFG) on 01 Mar 2023.

Key facts

  • This page summarizes Cabrera Jose E.'s Form 4 filing for OFG BANCORP (OFG).
  • 9 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 01 Mar 2023, 16:45.

Change

  • Previous filing in this sequence was filed on 06 Apr 2022.
  • Current net transaction value: -$49,077.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

OFG transaction

Common Stock

Options Exercise

Transaction value
Shares
+2,500
Change %
+142%
Price
Shares after
4,266
Date
27 Feb 2023
Ownership
Direct
Footnotes
F1
OFG transaction

Common Stock

Options Exercise

Transaction value
Shares
+1,167
Change %
+27%
Price
Shares after
5,433
Date
27 Feb 2023
Ownership
Direct
Footnotes
F1
OFG transaction

Common Stock

Options Exercise

Transaction value
Shares
+416
Change %
+7.7%
Price
Shares after
5,849
Date
27 Feb 2023
Ownership
Direct
Footnotes
F1
OFG transaction

Common Stock

Tax liability

Transaction value
$29,920
Shares
-1,017
Change %
-17%
Price
$29.42
Shares after
4,832
Date
27 Feb 2023
Ownership
Direct
Footnotes
F2
OFG transaction

Common Stock

Tax liability

Transaction value
$14,108
Shares
-475
Change %
-9.8%
Price
$29.70
Shares after
4,357
Date
27 Feb 2023
Ownership
Direct
Footnotes
F2
OFG transaction

Common Stock

Tax liability

Transaction value
$5,049
Shares
-170
Change %
-3.9%
Price
$29.70
Shares after
4,187
Date
27 Feb 2023
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

OFG transaction Derivative

Restricted Units

Options Exercise

Transaction value
Shares
-2,500
Change %
-41%
Price
Shares after
3,584
Date
27 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,500
Exercise price
Footnotes
F1, F3, F4
OFG transaction Derivative

Restricted Units

Options Exercise

Transaction value
Shares
-1,167
Change %
-33%
Price
Shares after
2,417
Date
27 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,167
Exercise price
Footnotes
F1, F4, F5
OFG transaction Derivative

Restricted Units

Options Exercise

Transaction value
Shares
-416
Change %
-17%
Price
Shares after
2,001
Date
27 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
416
Exercise price
Footnotes
F1, F4, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Not applicable.

Footnote F2

Represents shares of Common Stock withheld against Restricted Units for payment of applicable taxes.

Footnote F3

Awarded pursuant to the Plan. They represent 34% of a grant of Restricted Units ("RUs") of February 18, 2020.

Footnote F4

The Restricted Units convert to Common Stock on a one-for-one basis.

Footnote F5

Awarded pursuant to the Plan. They represent 33% of a grant of Restricted Units ("RUs") of February 17, 2021.

Footnote F6

Awarded pursuant to the Plan. They represent 33% of a grant of Restricted Units ("RUs") of February 22, 2022.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .