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This document is a filing with the SEC by reporting owners outlining the changes in their beneficial ownership of securities, specifically for Julian Inclan concerning OFG Bancorp. It provides details of transactions concerning both common stock and restricted units, including acquisition, disposition, and ownership status post-transactions.
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Form 4 is a document that insiders of publicly traded companies in the United States are required to file with the Securities and Exchange Commission (SEC) to report their transactions in the company's securities.
Individuals categorized as insiders, such as officers, directors, and beneficial owners of more than 10% of a class of the company's equity securities, must file Form 4.
Form 4 includes sections for reporting the name of the reporting person, relationship to the issuer, transaction date, amount of securities involved, and the nature of the transaction. It's essential to follow the SEC guidelines while filling it out.
The purpose of Form 4 is to provide transparency and inform the public about insiders' trades in their company's securities, preventing potential insider trading and maintaining market integrity.
Form 4 requires information such as the reporting person's name, their relationship to the company, the transaction date, the number of securities bought or sold, the price of the transaction, and any beneficial ownership changes.
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