OneSpan counsel exercises 1,133 shares, 333 withheld
OneSpan Inc. General Counsel Lara Mataac reported routine equity compensation activity.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
OneSpan Inc. General Counsel Lara Mataac reported routine equity compensation activity. On May 14, 2026, she exercised derivative securities to acquire 1,133 shares of common stock and a related tax-withholding transaction disposed of 333 common shares at $12.18 per share.
Following these transactions, Mataac directly holds 75,215 shares of OneSpan common stock and 2,265 restricted stock units, each representing a contingent right to receive one share of common stock that vests over three years starting May 14, 2024.
Insider Trade Summary
1,133 shares exercised/converted
Exercise
3 txns
Insider
Mataac Lara
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,133 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,133 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 333 | $12.18 | $4K |
Holdings After Transaction:
Restricted Stock Units — 2,265 units (Direct);
Common Stock — 75,215 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of OSPN common stock.
- F2. The restricted stock units vest over three years starting on May 14, 2024, with one-third of the shares vesting on May 14, 2025 and one-sixth of the shares vesting every six months thereafter.
Key Figures
Derivative exercise: 1,133 shares
Tax-withholding shares: 333 shares
Tax-withholding price: $12.18/share
+2 more
5 metrics
Derivative exercise
1,133 shares
Common stock acquired via derivative exercise on May 14, 2026
Tax-withholding shares
333 shares
Common stock withheld for taxes at $12.18 per share
Tax-withholding price
$12.18/share
Value used for 333-share tax-withholding disposition
Post-transaction holdings
75,548 shares
Common stock directly held after transactions
Remaining RSUs
2,265 units
Restricted stock units outstanding after transactions
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative security
3 terms
Restricted Stock Units financial
"The restricted stock units vest over three years starting on May 14, 2024"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did OneSpan (OSPN) General Counsel Lara Mataac report?
Lara Mataac reported exercising derivative securities into 1,133 OneSpan common shares and a related tax-withholding disposition of 333 shares at $12.18 per share. These are routine equity compensation and tax payment events rather than open-market purchases or sales.
What does the tax-withholding disposition in the OneSpan (OSPN) Form 4 mean?
The tax-withholding disposition reflects 333 OneSpan common shares used to pay tax obligations related to equity awards, at $12.18 per share. This F-code transaction is not an open-market sale but a mechanism to satisfy tax liabilities arising from equity compensation.
How do the restricted stock units reported for OneSpan (OSPN) vest for Lara Mataac?
Each restricted stock unit represents a right to receive one OneSpan common share. The units vest over three years starting May 14, 2024, with one-third vesting on May 14, 2025, and one-sixth of the shares vesting every six months thereafter until fully vested.
Are the OneSpan (OSPN) insider transactions by Lara Mataac open-market buys or sells?
The transactions are not open-market buys or sells. They consist of a derivative exercise converting awards into 1,133 common shares and an F-code tax-withholding disposition of 333 shares, both typical for equity compensation rather than discretionary trading in the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
