Martell Jorge Garcia 4

What Happened

Martell Jorge Garcia, Chief Financial Officer of OneSpan Inc. (OSPN), sold 15,000 shares on March 16, 2026. The sale was reported at $10.33 per share, generating total proceeds of $154,997. This was a sale (transaction code "S"), which is typically a liquidity or routine transaction rather than a purchase that signals added insider confidence.

Key Details

• Transaction date: March 16, 2026
• Price: $10.33 per share
• Shares sold: 15,000
• Total proceeds: $154,997
• Report filed: March 17, 2026 (timely file the next day)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnotes/plan references: The provided excerpt does not indicate a 10b5-1 plan, tax withholding, or other special footnotes

Context

Insider sales can be for many reasons (diversification, tax, personal liquidity) and do not, by themselves, prove a change in the insider’s view of the company. Purchases generally carry more weight as a bullish signal; this transaction is a straightforward sale reported promptly in the Form 4 filing.