OneSpan GC exercises 1,197 RSUs, 352 withheld
OneSpan’s General Counsel exercised RSUs into common stock, with a portion of shares withheld for exercise price or tax obligations and RSUs continuing to vest over three years.
Rhea-AI Filing Summary
OneSpan Inc. (OSPN) reported that its General Counsel, Lara Mataac, exercised 1,197 Restricted Stock Units into an equal number of shares of common stock on September 4, 2026. Of these shares, 352 were delivered or withheld to pay the exercise price or tax liability, and 3,591 Restricted Stock Units remain directly held. No Rule 10b5-1 trading plan is reported. The restricted stock units vest over three years starting March 4, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,197 shares exercised/converted
Exercise
3 txns
Insider
Mataac Lara
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 1,197 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 1,197 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 352 | $16.70 | $6K |
Holdings After Transaction:
Restricted Stock Units — 3,591 contracts (Direct);
Common Stock — 76,060 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 March 4, 2025, with one-third of the shares vesting on March 4, 2026 and one-sixth of the shares vesting every six months thereafter.
Key Figures
Restricted Stock Units exercised: 1,197 units
Restricted Stock Units held after transaction: 3,591 units
Shares delivered or withheld for exercise price or tax liability: 352 shares
+2 more
5 metrics
Restricted Stock Units exercised
1,197 units
Exercised into common stock on September 4, 2026
Restricted Stock Units held after transaction
3,591 units
Directly held by Lara Mataac following the September 4, 2026 exercise
Shares delivered or withheld for exercise price or tax liability
352 shares
Common stock on September 4, 2026
Per-share value for exercise price or tax liability
$16.70 per share
Applied to 352 common shares delivered or withheld
RSU vesting period
3 years
Vesting over three years starting March 4, 2025
Key Terms
Restricted Stock Units, contingent right, vest, exercise price or tax liability
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
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.
contingent right financial
"represents a contingent right to receive one share of OSPN common"
vest financial
"The restricted stock units vest over three years starting on March 4, 2025"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding"
FAQ
What insider transaction did OneSpan (OSPN) disclose for General Counsel Lara Mataac?
OneSpan disclosed that General Counsel Lara Mataac exercised 1,197 Restricted Stock Units into 1,197 shares of common stock on September 4, 2026. The filing also reports that a portion of these shares was delivered or withheld to cover the exercise price or tax liability.
How many OneSpan (OSPN) Restricted Stock Units did Lara Mataac exercise and what remains?
Lara Mataac exercised 1,197 Restricted Stock Units into common stock on September 4, 2026. After this transaction, she directly holds 3,591 Restricted Stock Units, as reported in the filing.
What is the vesting schedule of the OneSpan (OSPN) Restricted Stock Units reported?
The Restricted Stock Units vest over three years starting on March 4, 2025, with one-third of the shares vesting on March 4, 2026 and one-sixth of the shares vesting every six months thereafter.
Was the OneSpan (OSPN) insider transaction made under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not marked, and there is no footnote indicating that the September 4, 2026 transactions by General Counsel Lara Mataac were made under a Rule 10b5-1 trading plan.
What types of securities were involved in Lara Mataac’s OneSpan (OSPN) Form 4?
The Form 4 reports transactions in Restricted Stock Units, which converted into 1,197 shares of common stock. It also records a disposition of 352 common shares delivered or withheld for exercise price or tax liability purposes.
AI-generated analysis. How Rhea-AI works. Not financial advice.