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OFG Bancorp (OFG) Executive Pay versus Performance: Other Disclosures, 2023

OFG Bancorp Other Executive Compensation Disclosures

Every other executive-compensation XBRL fact the company filed (policies, award timing, footnotes, adjustments), newest first. Long text is shortened; the filing has the full text.

  • 2023-11-06: Disclosure Non Rule10b51Arr Terminated; Period 2023-07-01..2023-09-30; Value No.
  • 2023-11-06: Disclosure Rule10b51Arr Adopted; Period 2023-07-01..2023-09-30; Value No.
  • 2023-11-06: Disclosure Rule10b51Arr Terminated; Period 2023-07-01..2023-09-30; Value No.
  • 2023-11-06: Disclosure Non Rule10b51Arr Adopted; Period 2023-07-01..2023-09-30; Value No.
FiledDisclosureQualifiersPeriodValue
2023-11-06
10-Q
Non Rule10b51Arr Terminated2023-07-01..2023-09-30No
2023-11-06
10-Q
Rule10b51Arr Adopted2023-07-01..2023-09-30No
2023-11-06
10-Q
Rule10b51Arr Terminated2023-07-01..2023-09-30No
2023-11-06
10-Q
Non Rule10b51Arr Adopted2023-07-01..2023-09-30No
2023-08-04
10-Q
Non Rule10b51Arr Adopted2023-04-01..2023-06-30No
2023-08-04
10-Q
Rule10b51Arr Adopted2023-04-01..2023-06-30No
2023-08-04
10-Q
Non Rule10b51Arr Terminated2023-04-01..2023-06-30No
2023-08-04
10-Q
Rule10b51Arr Terminated2023-04-01..2023-06-30No
2023-03-16
DEF 14A
Pay versus Performance Table2022-01-01..2022-12-31The following table presents the compensation of our CEO, which is our principal executive officer, and our other NEOs, together with the cumulative shareholder return of the Company and the SNL Bank Index, the Company’s net income and the Company’s tangible book value, which is in our assessment th…
2023-03-16
DEF 14A
Adjustment To PEO Compensation Footnote2022-01-01..2022-12-31Our CEO, Mr. José R. Fernández, was the PEO in each year. In 2020, 2021 and 2022, $4,596,069, $3,513,566, and $4,136,940, respectively, were deducted from the Summary Compensation Table Totals, which represent the grant date fair value of the equity awards he received in the corresponding fiscal yea…
2023-03-16
DEF 14A
Named Executive Officers Footnote2022-01-01..2022-12-31Our CEO, Mr. José R. Fernández, was the PEO in each year.Mr. Ganesh Kumar, Ms. Maritza Arizmendi, and Mr. César Ortiz were Non-PEO NEOs in each year. Mr. José Cabrera was a Non-PEO NEO in 2020 and 2021, and Mr. Patrick Haggarty was a Non-PEO NEO in 2022.
2023-03-16
DEF 14A
Adjustment To CompensationAdjToComp: DeductionOfGrantDateFairValueOfEquityAwardsReceivedInCorrespondingFiscalYear; ExecutiveCategory: Peo2020-01-01..2020-12-31$4.60M
2023-03-16
DEF 14A
Adjustment To CompensationAdjToComp: DeductionOfGrantDateFairValueOfEquityAwardsReceivedInCorrespondingFiscalYear; ExecutiveCategory: Peo2021-01-01..2021-12-31$3.51M
2023-03-16
DEF 14A
Adjustment To CompensationAdjToComp: DeductionOfGrantDateFairValueOfEquityAwardsReceivedInCorrespondingFiscalYear; ExecutiveCategory: Peo2022-01-01..2022-12-31$4.14M
2023-03-16
DEF 14A
Adjustment To CompensationAdjToComp: AdditionOfFairValueOfVestingDateOfAwardsVestedDuringCorrespondingFiscalYear; ExecutiveCategory: Peo2020-01-01..2020-12-31$4.10M
2023-03-16
DEF 14A
Adjustment To CompensationAdjToComp: AdditionOfFairValueOfVestingDateOfAwardsVestedDuringCorrespondingFiscalYear; ExecutiveCategory: Peo2021-01-01..2021-12-31$5.36M
2023-03-16
DEF 14A
Adjustment To CompensationAdjToComp: AdditionOfFairValueOfVestingDateOfAwardsVestedDuringCorrespondingFiscalYear; ExecutiveCategory: Peo2022-01-01..2022-12-31$4.87M
2023-03-16
DEF 14A
Adjustment To Non PEO NEO Compensation Footnote2022-01-01..2022-12-31Mr. Ganesh Kumar, Ms. Maritza Arizmendi, and Mr. César Ortiz were Non-PEO NEOs in each year. Mr. José Cabrera was a Non-PEO NEO in 2020 and 2021, and Mr. Patrick Haggarty was a Non-PEO NEO in 2022. In 2020, 2021 and 2022, $936,654, $862,298, and $1,045,729, respectively, were the averages deducted f…
2023-03-16
DEF 14A
Adjustment To CompensationAdjToComp: DeductionOfGrantDateFairValueOfEquityAwardsReceivedInCorrespondingFiscalYear; ExecutiveCategory: NonPeoNeo2020-01-01..2020-12-31$936.65K
2023-03-16
DEF 14A
Adjustment To CompensationAdjToComp: DeductionOfGrantDateFairValueOfEquityAwardsReceivedInCorrespondingFiscalYear; ExecutiveCategory: NonPeoNeo2021-01-01..2021-12-31$862.30K
2023-03-16
DEF 14A
Adjustment To CompensationAdjToComp: DeductionOfGrantDateFairValueOfEquityAwardsReceivedInCorrespondingFiscalYear; ExecutiveCategory: NonPeoNeo2022-01-01..2022-12-31$1.05M
2023-03-16
DEF 14A
Adjustment To CompensationAdjToComp: AdditionOfFairValueOfVestingDateOfAwardsVestedDuringCorrespondingFiscalYear; ExecutiveCategory: NonPeoNeo2020-01-01..2020-12-31$818.22K
2023-03-16
DEF 14A
Adjustment To CompensationAdjToComp: AdditionOfFairValueOfVestingDateOfAwardsVestedDuringCorrespondingFiscalYear; ExecutiveCategory: NonPeoNeo2021-01-01..2021-12-31$1.79M
2023-03-16
DEF 14A
Adjustment To CompensationAdjToComp: AdditionOfFairValueOfVestingDateOfAwardsVestedDuringCorrespondingFiscalYear; ExecutiveCategory: NonPeoNeo2022-01-01..2022-12-31$1.22M
2023-03-16
DEF 14A
Compensation Actually Paid Vs Total Shareholder Return2022-01-01..2022-12-31The following table graphically presents the relationship between executive compensation actually paid by the Company to our CEO and the average compensation actually paid to the NEOs other than our CEO and the of the Company’s cumulative total shareholder return over the past three years. It also c…
2023-03-16
DEF 14A
Compensation Actually Paid Vs Net Income2022-01-01..2022-12-31The following table graphically presents the relationship between compensation actually paid by the Company to our CEO and the average compensation actually paid to the NEOs other than our CEO and the Company’s net income over the past three years.
2023-03-16
DEF 14A
Compensation Actually Paid Vs Company Selected Measure2022-01-01..2022-12-31The following table graphically presents the relationship between compensation actually paid by the Company to our CEO and the average compensation actually paid to the NEOs other than our CEO and the Company’s earnings per share over the past three years.
2023-03-16
DEF 14A
Tabular List Table2022-01-01..2022-12-31The most important financial performance metrics used by the Company in our most recent fiscal year to link our NEOs compensation to our Company’s performance are earnings per share, tangible book value, average return on assets, market share operating income, and efficiency ratio.

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