Martell Jorge Garcia 4

What Happened
Martell Jorge Garcia, Chief Financial Officer of OneSpan Inc. (OSPN), sold 20,000 shares on June 16, 2026 at $14.45 per share, generating proceeds of $288,982. The transaction is reported as a sale (S) via open market or private sale. This was a disposition of shares rather than a purchase; sales by executives can be routine and do not by themselves signal company outlook.

Key Details

• Transaction date: 2026-06-16
• Transaction type/code: Sale (S) — open market or private sale
• Shares sold: 20,000 @ $14.45 per share
• Proceeds: $288,982
• Shares owned after transaction: Not disclosed in the provided filing summary
• Footnotes/plans: No 10b5-1 plan, tax withholding, or other special footnotes listed in the provided data
• Filing timeliness: Report filed with period of report 2026-06-16 and filed 2026-06-16 (timely based on provided info)

Context
Insider sales can be for many personal or routine reasons and are not definitive indicators of company performance. For retail investors, a single executive sale is less informative than patterns (repeated sales/purchases) or purchases, which often carry more weight. Consider monitoring subsequent filings and broader insider activity before drawing investment conclusions.