OneSpan Inc.·4

Apr 1, 5:04 PM ET

Martell Jorge Garcia 4

Research Summary

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OneSpan (OSPN) CFO Martell Jorge Garcia Receives RSU Award

What Happened

  • Martell Jorge Garcia, Chief Financial Officer of OneSpan Inc. (OSPN), received a grant of 27,041 restricted stock units (RSUs) on March 30, 2026. The grant is reported as an award/other acquisition (code A) of a derivative security; no cash was paid (price reported $0.00).

Key Details

  • Transaction date: 2026-03-30; Filing date: 2026-04-01 (no late filing indicated).
  • Amount granted: 27,041 restricted stock units (each unit convertible into one share of OSPN common stock per footnote).
  • Reported price: $0.00 (award — no purchase price).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnotes:
    • F1: Each RSU represents a contingent right to receive one share of OSPN common stock.
    • F2: Vesting schedule — vests over three years beginning March 30, 2026: one‑third vests on March 30, 2027, then one‑sixth vests every six months thereafter.
  • Transaction type: Derivative award (RSUs), not an open‑market purchase or sale.

Context

  • RSU awards are common compensation/retention tools for executives and do not indicate an immediate market purchase or sale. The award creates potential future share delivery if vesting conditions are met; its eventual value depends on OSPN’s share price at vesting.