Form 4 for OSPN OneSpan Inc.
Accepted 2026-01-02 00:00:00 ET · period of report 2025-12-31 · accession 0001943565-26-000001 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2026-01-02 | 2025-12-31 | OSPN | Martell Jorge Garcia | CFO | F - Tax | $12.84 | -6,860 | 111.8K | -6% | -$88.1K |
| DM | 2026-01-02 | 2025-12-31 | OSPN | Martell Jorge Garcia | CFO | M - OptEx | $0.00 | +14.2K | 120.2K | +13% | $0 |
| DM | 2026-01-02 | 2025-12-31 | OSPN | Martell Jorge Garcia | CFO | M - OptEx | $0.00 | -14.2K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-12-31 | F | D | 4,106 | $12.84 | 116,137 | D | — | — | |
| 2 | Common | Common Stock | 2025-12-31 | M | A | 5,695 | $0.00 | 114,505 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of OSPN common stock. |
| 3 | Common | Common Stock | 2025-12-31 | F | D | 2,754 | $12.84 | 111,751 | D | — | — | |
| 4 | Common | Common Stock | 2025-12-31 | M | A | 8,492 | $0.00 | 120,243 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of OSPN common stock. |
| 5 | Derivative | Restricted Stock Unit | 2025-12-31 | M | D | 8,492 | $0.00 | 8,492 | D | $0.00 · — to — | 8,492 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of OSPN common stock. (F3) On May 14, 2024, the reporting person was granted performance stock units (PSUs) that were eligible to be earned based upon the registrant's achievement of specified financial metrics for 2024. In February 2025, the registrant's Compensation Committee determined that the reporting person had earned 25,476 PSUs based on the 2024 financial metrics. One-third of the earned PSUs vested on each of May 14, 2025 and December 31, 2025. The remaining one-third of the earned PSUs will vest on December 31, 2026, assuming the reporting person continues to be employed by the registrant on that date. |
| 6 | Derivative | Restricted Stock Unit | 2025-12-31 | M | D | 5,695 | $0.00 | 0 | D | $0.00 · — to — | 5,695 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of OSPN common stock. (F2) On February 23, 2023, the reporting person was granted performance stock units (PSUs) that were eligible to be earned based upon the registrant's achievement of specified financial metrics for 2023. On February 19, 2024, the registrant's Compensation Committee determined the number of PSUs earned by the reporting person based upon the 2023 financial metrics. Effective on February 19, 2024, one-third of the earned PSUs were deemed vested on December 31, 2023 and an additional one-third vested on December 31, 2024. The remaining one-third of the earned PSUs vested on December 31, 2025. |