OSPN.NASDAQOnespan INC

Form 4: OneSpan Inc. Director Marianne Johnson Acquires Deferred Restricted Stock Units

Sentiment:

SEC Form 4


Director Marianne Johnson acquired 6,635 deferred restricted stock units of OneSpan Inc. on January 2, 2025, which will vest on January 2, 2026.

Summary

  • On January 2, 2025, Marianne Johnson, a director of OneSpan Inc., acquired 6,635 deferred restricted stock units (RSUs).
  • These RSUs will vest on January 2, 2026, subject to the terms and conditions of the award agreement.
  • Upon vesting, the shares underlying the RSUs will be delivered to Johnson upon cessation of service on the Board of Directors or a change of control of the issuer.

Sentiment

Score: 5

Explanation: This is a neutral event, reflecting standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment.

Future Outlook

The shares underlying the deferred restricted stock units will be delivered to the reporting person on the earlier to occur of the reporting person's cessation of service on the issuer's Board of Directors or a change of control of the issuer.

Industry Context

This is a standard Form 4 filing, reflecting a director's acquisition of deferred restricted stock units, a common form of executive compensation.

Stakeholder Impact

  • The acquisition of deferred restricted stock units by a director aligns the director's interests with those of the shareholders.

Key Dates

DateDescription
01/02/2025Date of transaction: Marianne Johnson acquired 6,635 deferred restricted stock units.
01/06/2025Date of Form 4 filing.
01/02/2026Vesting date for the 6,635 deferred restricted stock units.

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