Form 4: OneSpan CFO Jorge Garcia Martell Reports Stock Transactions
SEC Form 4 Filing
OneSpan's CFO, Jorge Garcia Martell, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On February 23, 2025, Jorge Garcia Martell, CFO of OneSpan Inc., reported the vesting of 3,038 shares of common stock related to restricted stock units.
- Following the vesting, 1,053 shares were disposed of on February 24, 2025, at a price of $17.18 per share for tax withholding purposes.
- After these transactions, Martell directly owns 91,881 shares of OneSpan Inc.
- Martell also holds 6,075 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions, reflecting standard executive compensation practices.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and do not indicate a change in company fundamentals.
Key Dates
| Date | Description |
|---|---|
| 02/23/2023 | Start date for vesting of restricted stock units over three years. |
| 02/23/2024 | First vesting date for one-third of the restricted stock units. |
| 02/23/2025 | Vesting of 3,038 shares of common stock related to restricted stock units. |
| 02/24/2025 | Disposal of 1,053 shares at $17.18 per share for tax withholding. |
| 02/25/2025 | Date of signature for the Form 4 filing. |
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