secwatch.observer — SEC 8-K summary
======================================

Issuer:     OFG BANCORP (OFG)
CIK:        0001030469
Form:       8-K
Filed at:   2023-01-31T23:59:59+00:00
Accession:  0001030469-23-000007
Event type: other
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OFG Bancorp removes director age limit of 71 from bylaws
--------------------------------------------------------

- 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- Prior board-approved exceptions to the age limit are no longer applicable.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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1030469/000103046923000007/0001030469-23-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1030469/000103046923000007/ofg-20230125.htm
  HTML page:      https://secwatch.observer/filing/0001030469-23-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer