Form 4: OFG Bancorp CFO Reports Stock Transactions

OFG Bancorp's Chief Financial Officer, Maritza Arizmendi, reported the acquisition of 7,650 shares and the disposition of 2,508 shares for tax purposes.

Summary

• Maritza Arizmendi, Chief Financial Officer of OFG Bancorp, reported transactions involving the company's common stock.
• Acquired 7,650 shares of Common Stock on February 2, 2026, which were received upon settlement of a performance share unit award.
• Disposed of 2,508 shares of Common Stock on February 2, 2026, at a price of $41.26 per share, to cover applicable taxes related to the performance share unit settlement.
• Following these transactions, Arizmendi beneficially owns 63,612 shares of OFG Bancorp Common Stock.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive signal, as the CFO received a significant number of shares through a performance award, indicating long-term incentive alignment, despite a portion being sold for tax purposes.

Positives

• Chief Financial Officer Maritza Arizmendi acquired 7,650 shares of Common Stock through the settlement of a performance share unit award, indicating continued equity participation and alignment with shareholder interests.

Negatives

• 2,508 shares of Common Stock were disposed of at $41.26 per share to cover tax obligations, which is a common practice but reduces direct ownership.

Industry Context

StockSavvy.ai notes that insider transactions, such as those reported in a Form 4, provide insights into management's perspective on the company's value, though these specific transactions are routine for equity compensation and tax withholding.

Stakeholder Impact

• Shareholders: The CFO's increased beneficial ownership (net of tax sales) aligns her interests with shareholders, potentially signaling confidence in the company's future performance.

Key Dates

Recommendation

The filing details routine insider transactions related to equity compensation and tax withholding. While the net increase in beneficial ownership for the CFO is a positive signal of alignment, these transactions alone do not provide sufficient new information to warrant a change in investment recommendation. Investors should consider these transactions in the broader context of OFG Bancorp's financial performance and strategic outlook.

Keywords

OFG Bancorp, OFG, Maritza Arizmendi, Chief Financial Officer, CFO, Insider Trading, Form 4, Stock Transaction, Performance Share Unit, Equity Compensation