Form 4: OneSpan CFO Martell Reports Stock Transactions
Insider Transaction Report
OneSpan Inc.'s Chief Financial Officer, Jorge Garcia Martell, reported the acquisition of common stock from restricted stock unit vesting and subsequent disposition of shares for tax withholding.
Summary
- OneSpan Inc. Chief Financial Officer, Jorge Garcia Martell, reported transactions on November 14, 2025.
- Acquired 1,132 shares of OneSpan Inc. common stock through the vesting of restricted stock units (RSUs) at a price of $0.
- Disposed of 548 shares of common stock at a price of $12.67 per share to cover tax liabilities associated with the RSU vesting.
- Following these transactions, Martell directly beneficially owns 118,810 shares of OneSpan Inc. common stock.
- The restricted stock units vest over three years, with one-third of the shares vesting on May 14, 2025, and one-sixth of the shares vesting every six months thereafter.
Sentiment
Score: 5
Explanation: This is a routine insider transaction filing (Form 4) reporting the vesting of restricted stock units and subsequent tax-related share disposition, which is a standard compensation event and does not inherently indicate positive or negative sentiment for the company's operational performance or future prospects.
Positives
- The vesting of restricted stock units represents a successful compensation event for the Chief Financial Officer.
Negatives
- The disposition of shares for tax purposes is a routine event and not inherently negative for the company or the executive.
Next Steps
- Subsequent vesting of restricted stock units every six months after May 14, 2025, with one-sixth of shares vesting each time.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | First vesting date for restricted stock units (one-third of shares). |
| 11/14/2025 | Transaction date for common stock acquisition and disposition. |
| 11/17/2025 | Date the Form 4 was signed by attorney-in-fact. |
Keywords
OneSpan, OSPN, Form 4, Insider Transaction, CFO, Restricted Stock Units, RSU Vesting, Beneficial Ownership
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