OneSpan (OSPN) CFO sells 20,000 Common Stock shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OneSpan Inc. Chief Financial Officer Jorge Garcia Martell reported an open-market sale of 20,000 shares of the company’s Common Stock. The shares were sold at an average price of $14.4491 per share. Following this transaction, he directly holds 91,018 OneSpan shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20,000 shares ($288,982)
Net Sell
1 txn
Insider
Martell Jorge Garcia
Role
Chief Financial Officer
Sold
20,000 shs ($289K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 20,000 | $14.4491 | $289K |
Holdings After Transaction:
Common Stock — 91,018 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 20,000 shares
Sale price per share: $14.4491 per share
Shares owned after sale: 91,018 shares
+1 more
4 metrics
Shares sold
20,000 shares
Open-market sale of Common Stock
Sale price per share
$14.4491 per share
Average price for the 20,000-share sale
Shares owned after sale
91,018 shares
Direct holdings following the transaction
Transaction date
2026-06-16
Date of reported open-market sale
Key Terms
Form 4, open-market sale, Common Stock, non-derivative
4 terms
Form 4 regulatory
"according to the Form 4 insider filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
open-market sale financial
"reported an open-market sale of 20,000 shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"sale of 20,000 shares of the company’s Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
non-derivative financial
"The Form 4 classifies the transaction as non-derivative"
FAQ
What insider transaction did OneSpan (OSPN) report in this Form 4?
OneSpan reported that its Chief Financial Officer, Jorge Garcia Martell, completed an open-market sale of 20,000 shares of Common Stock at an average price of $14.4491 per share, according to the Form 4 insider filing.
Was the OneSpan (OSPN) CFO’s transaction a purchase or a sale?
The transaction was a sale. The Form 4 identifies it as an open-market sale of Common Stock, with 20,000 shares sold and the transaction code listed as “S,” indicating a sale in market or private transactions.
What type of security did the OneSpan (OSPN) CFO trade?
The CFO traded OneSpan’s Common Stock. The Form 4 classifies the transaction as non-derivative, meaning it involved actual shares rather than options or other derivative securities, and it was executed as an open-market sale.