Jain Ashish 4
Research Summary
AI-generated summary
OneSpan (OSPN) CTO Ashish Jain Receives RSU Award
What Happened
- Ashish Jain, Chief Technology Officer of OneSpan (OSPN), was granted 43,019 restricted stock units (RSUs) on March 30, 2026. The award is reported as a derivative acquisition (transaction code A) with an acquisition price of $0.00 (no cash paid).
Key Details
- Transaction date: 2026-03-30; filing date: 2026-04-01 (appears timely — within the usual 2 business‑day Form 4 window).
- Award size: 43,019 RSUs; reported acquisition price: $0.00; reported total value at grant: $0 on the Form 4 (RSUs are typically valued for disclosure but this filing reports $0 acquisition price).
- Shares owned after the transaction: Not specified in this filing.
- Footnotes: Each RSU represents a contingent right to receive one share of OSPN common stock (F1). Vesting schedule (F2): vests over three years beginning 3/30/2026 — one‑third vests on 3/30/2027, then one‑sixth of the total vests every six months thereafter.
- Transaction type: Compensation award (RSUs), not an open‑market purchase or sale.
Context
- RSU grants are a form of equity compensation and do not represent an immediate market purchase or sale; shares are only issued when RSUs vest and any resulting share deliveries may be subject to tax withholding or subsequent sale. Retail investors may watch future Form 4s at vesting dates to see if shares are delivered or sold.