{"schema_version":"secwatch.filing_event.v1","accession":"0001030469-23-000007","form_type":"8-K","ticker":"OFG","cik":"0001030469","company_name":"OFG BANCORP","filed_at":"2023-01-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.574598+00:00","generated_at":"2026-06-20T04:44:07.739443+00:00","sec_items":["5.03","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"OFG Bancorp removes director age limit of 71 from bylaws","bullets":["Amended bylaws effective Jan 25, 2023 to eliminate mandatory director retirement at age 71.","Removed limitations on electing, re-electing, or nominating directors aged 71 or older.","Prior board-approved exceptions to the age limit are no longer applicable.","Amendment changes Section 2 of Article II of the Bylaws."],"urls":{"canonical":"https://secwatch.observer/filing/0001030469-23-000007","json":"https://secwatch.observer/filing/0001030469-23-000007.json","markdown":"https://secwatch.observer/filing/0001030469-23-000007.md","text":"https://secwatch.observer/filing/0001030469-23-000007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1030469/000103046923000007/0001030469-23-000007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1030469/000103046923000007/ofg-20230125.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T04:44:07.739443+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"04a7489aa075e66ebcaf243481b1865239b6716b","claim":"OFG BANCORP: Eliminated age limitations for directors by amending Section 2 of Article II of Bylaws (effective 2023-01-25).","evidence_excerpt":"Effective January 25, 2023, OFG Bancorp (the “Company”) amended Section 2 of Article II of its Bylaws to eliminate any age limitations in connection with serving as a director of the Company.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1030469/000103046923000007/0001030469-23-000007-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2023-01-25"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}