Form 4: OneSpan Inc. Director Marianne Johnson Reports Stock Unit Vesting
SEC Form 4
Director Marianne Johnson reports the vesting of 12,914 restricted stock units convertible to common stock in OneSpan Inc.
Summary
- On January 9, 2025, Marianne Johnson, a director of OneSpan Inc., had 12,914 restricted stock units vest.
- These units convert into 12,914 shares of OSPN common stock.
- Following the transaction, Johnson directly owns 44,414 shares of OneSpan Inc.
- The restricted stock units vested on January 9, 2025, and will be delivered upon cessation of service on the Board or a change in control of the issuer.
Sentiment
Score: 5
Explanation: This is a neutral report on stock unit vesting, a normal part of executive compensation.
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 in control of the issuer.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The vesting of restricted stock units may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 01/09/2025 | Vesting date of 12,914 restricted stock units. |
| 01/10/2025 | Date of signature for the Form 4 filing. |
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