Martell Jorge Garcia 4

What Happened Martell Jorge Garcia, Chief Financial Officer of OneSpan (OSPN), had 3,055 restricted stock units (RSUs vest and converted) on March 6, 2026. The RSUs converted into 3,055 shares at $0.00 (no exercise price). To cover tax withholding, 889 of those shares were surrendered/withheld at $10.89 per share for a total tax withholding value of $9,681, leaving a net delivery of 2,166 shares to Garcia.

Key Details

• Transaction date: 2026-03-06.
• Conversion/acquisition: 3,055 shares from RSU vesting (priced $0.00 per share for reporting).
• Tax withholding: 889 shares withheld at $10.89/share = $9,681 (reported as a disposition for tax payment).
• Net shares received: 2,166 (3,055 converted − 889 withheld).
• Footnotes: F1 — each RSU equals a contingent right to one share; F2 — RSUs vest in eight equal semi-annual installments over four years beginning Sept 6, 2022.
• Shares owned after the transaction: not specified in the filing.
• Filing status: reported on 2026-03-06 (no late-filing flag indicated).

Context This was an RSU conversion with shares withheld to satisfy tax obligations (a share-withholding/cashless tax payment), not an open-market sale or purchase. Such withholding is routine for vested equity awards and does not by itself indicate buying or selling sentiment.