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

Issuer:     OFG BANCORP (OFG)
CIK:        0001030469
Form:       8-K
Filed at:   2021-11-03T23:59:59+00:00
Accession:  0001193125-21-318478
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

OFG Bancorp elects Rafael Vélez to board, nominates Annette Franqui for 2022 election
--------------------------------------------------------------------------------

- Rafael Vélez elected to Board effective Oct 28, 2021; appointed to Audit Committee.
- Vélez is Founder/President of Atabey Capital and Campo Alegre, former co-founder of Barreto & Vélez CPA.
- Annette Franqui nominated for election at 2022 annual meeting; term expected to start July 2022.
- Franqui is Founding Partner/CIO of Forrestal Capital, former CFO of Panamco, and serves on Arcos Dorados board (NYSE:ARCO).
- No transactions >$120,000 between company and new directors or immediate family members.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1030469/000119312521318478/0001193125-21-318478-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1030469/000119312521318478/d106771d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-318478

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