A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 12 filings in this group are Form 4s for OneSpan Inc.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 12 insider filings shown, the breakdown is 6 option exercise, 3 compensation award, 2 open-market sale and 1 open-market purchase. 3 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Option exercise
Tax / Compensation Filing
2026-09-08
OSPN insider Form 4 filed for equity award, exercise, or tax withholding
Martell Jorge Garcia (Chief Financial Officer) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
1,763 |
— |
— |
F |
Tax withholding on vested shares
|
518 |
$16.70 |
$8.7K |
M |
Option exercise
|
3,055 |
— |
— |
F |
Tax withholding on vested shares
|
897 |
$16.70 |
$15.0K |
M |
Option exercise
derivative · Restricted Stock Units
|
1,763 |
— |
— |
M |
Option exercise
derivative · Restricted Stock Units
|
3,055 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Martell Jorge Garcia (Chief Financial Officer)
Shares: 6,233
Form 4
Option exercise
Tax / Compensation Filing
2026-09-08
OSPN insider Form 4 filed for equity award, exercise, or tax withholding
Mataac Lara (General Counsel) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
1,197 |
— |
— |
F |
Tax withholding on vested shares
|
352 |
$16.70 |
$5.9K |
M |
Option exercise
derivative · Restricted Stock Units
|
1,197 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Mataac Lara (General Counsel)
Shares: 1,549
Form 4
Option exercise
Tax / Compensation Filing
2026-09-08
OSPN insider Form 4 filed for equity award, exercise, or tax withholding
Limongelli Victor (CEO and President) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
6,299 |
— |
— |
F |
Tax withholding on vested shares
|
3,199 |
$16.70 |
$53.4K |
M |
Option exercise
derivative · Restricted Stock Units
|
6,299 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Limongelli Victor (CEO and President)
Shares: 9,498
Form 4
Open-market sale
Insider Selling
2026-06-16
OSPN insider Martell Jorge Garcia (Chief Financial Officer) sold 20,000 shares (~$289.0K)
Martell Jorge Garcia, listed as Chief Financial Officer at OneSpan Inc., reported an open-market sale of 20,000 OSPN shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
20,000 |
$14.45 |
$289.0K |
Filing: Form 4 (Insider Transaction)
Insider: Martell Jorge Garcia (Chief Financial Officer)
Shares: 20,000
Est. Value: $289.0K
Form 4
Option exercise
Tax / Compensation Filing
2026-06-16
OSPN insider Form 4 filed for equity award, exercise, or tax withholding
Jain Ashish (Chief Technology Officer) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
4,731 |
— |
— |
F |
Tax withholding on vested shares
|
1,693 |
$14.26 |
$24.1K |
M |
Option exercise
derivative · Restricted Stock Units
|
4,731 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Jain Ashish (Chief Technology Officer)
Shares: 6,424
Form 4
Option exercise
Tax / Compensation Filing
2026-05-14
OSPN insider Form 4 filed for equity award, exercise, or tax withholding
Martell Jorge Garcia (Chief Financial Officer) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
1,133 |
— |
— |
F |
Tax withholding on vested shares
|
333 |
$12.18 |
$4.1K |
M |
Option exercise
derivative · Restricted Stock Units
|
1,133 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Martell Jorge Garcia (Chief Financial Officer)
Shares: 1,466
Form 4
Option exercise
Tax / Compensation Filing
2026-05-14
OSPN insider Form 4 filed for equity award, exercise, or tax withholding
Mataac Lara (General Counsel) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
1,133 |
— |
— |
F |
Tax withholding on vested shares
|
333 |
$12.18 |
$4.1K |
M |
Option exercise
derivative · Restricted Stock Units
|
1,133 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Mataac Lara (General Counsel)
Shares: 1,466
Form 4
Open-market purchase
Tax / Compensation Filing
2026-04-01
OSPN insider Form 4 filed for equity award, exercise, or tax withholding
Mataac Lara (General Counsel) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
derivative · Restricted Stock Units
|
22,739 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Mataac Lara (General Counsel)
Form 4
Compensation award
Tax / Compensation Filing
2026-04-01
OSPN insider Form 4 filed for equity award, exercise, or tax withholding
Jain Ashish (CTO) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Restricted Stock Units
|
43,019 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Jain Ashish (CTO)
Form 4
Compensation award
Tax / Compensation Filing
2026-04-01
OSPN insider Form 4 filed for equity award, exercise, or tax withholding
Martell Jorge Garcia (CFO) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Restricted Stock Units
|
27,041 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Martell Jorge Garcia (CFO)
Form 4
Compensation award
Tax / Compensation Filing
2026-04-01
OSPN insider Form 4 filed for equity award, exercise, or tax withholding
Limongelli Victor (CEO and President) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Restricted Stock Units
|
93,412 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Limongelli Victor (CEO and President)
Form 4
Open-market sale
Insider Selling
2026-03-17
OSPN insider Martell Jorge Garcia (Chief Financial Officer) sold 15,000 shares (~$155.0K)
Martell Jorge Garcia, listed as Chief Financial Officer at OneSpan Inc., reported an open-market sale of 15,000 OSPN shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
15,000 |
$10.33 |
$155.0K |
Filing: Form 4 (Insider Transaction)
Insider: Martell Jorge Garcia (Chief Financial Officer)
Shares: 15,000
Est. Value: $155.0K