Welcome to our dedicated page for Onespan SEC filings (Ticker: OSPN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
OneSpan Inc. filings document operating results, material events, governance matters and capital-structure disclosures for a security software company focused on cybersecurity and digital agreement solutions. Form 8-K reports furnish quarterly financial results and other company information, while material-agreement filings describe financing arrangements such as the company’s revolving credit facility and related borrowing terms.
Proxy materials cover shareholder voting matters, board governance, executive compensation and equity-award disclosures. The filing record also documents OneSpan’s public-company structure and recurring reporting around authentication, identity, e-signature, digital workflow and mobile application protection businesses.
OneSpan Inc. Chief Financial Officer Jorge Garcia Martell reported equity award activity involving restricted stock units (RSUs) and performance stock units (PSUs). On March 4, 2026, RSUs for 3,526 and 3,968 units converted into the same number of common shares, with portions of the resulting shares (1,189 and 1,375) withheld at $10.53 per share to cover tax obligations. Footnotes explain that each RSU equals one share of common stock and that Martell earned 11,904 PSUs based on 2025 financial metrics, with one-third vesting on March 4, 2026 and additional thirds scheduled to vest on December 31, 2026 and December 31, 2027, subject to continued employment.
OneSpan Inc. Chief Executive Officer Victor Limongelli reported equity award activity involving restricted stock units and common stock. On March 4, 2026 he acquired shares through exercises of derivative awards and had shares of common stock withheld at $10.53 per share to cover tax obligations, ending with 103,432 directly owned common shares.
OneSpan Inc. Chief Technology Officer Ashish Jain reported stock transactions tied to equity awards. He exercised or converted 10,642 restricted stock units into common shares at no cash cost and then disposed of 4,339 common shares to cover tax withholding, leaving 12,375 common shares directly held.
Footnotes state that in 2025 he was granted performance stock units based on financial metrics, with 31,927 PSUs earned. One-third of these earned PSUs vested on March 3, 2026, and the remaining portions are scheduled to vest in equal installments on December 31, 2026 and December 31, 2027, contingent on continued employment.
OneSpan Inc. director Marc Zenner bought 3,300 shares of common stock in an open-market transaction at a price of $10.54 per share. Following this purchase, he directly owns 83,208 OneSpan common shares.
OneSpan Inc. describes a 2025 transition year where total revenue was roughly flat versus 2024, but the business continued to operate profitably after cost reductions that returned it to operating profitability in late 2023. The company is shifting from its legacy Digipass hardware tokens, which fell to 20% of revenue in 2025 from 78% in 2015, toward higher‑margin software in its Cybersecurity and Digital Agreements segments.
To support growth, OneSpan acquired Nok Nok Labs in June 2025 for FIDO‑based passwordless authentication, agreed in December 2025 to acquire mobile app protection provider Build38, and made a strategic investment in ThreatFabric for mobile threat intelligence. It also secured a $100 million revolving credit facility maturing in 2030 and returned about $31.6 million to shareholders via dividends and buybacks in 2025.
OneSpan highlights exposure to intense competition from larger players, rising AI‑driven cyber threats, complex global supply chains for Digipass devices, and extensive international regulatory and operational risks. The company ended 2025 with 602 employees across the Americas, EMEA and Asia Pacific, emphasizing talent retention, hybrid work, and relatively low voluntary turnover.
OneSpan Inc. reported mixed but generally favorable results for Q4 and full year 2025. Full-year revenue was $243.2 million, flat with 2024, but subscription revenue rose 12% to $156.1 million and Annual Recurring Revenue grew 11% to $186.9 million, highlighting strength in its recurring model.
Profitability improved meaningfully: full-year operating income increased 8% to $48.4 million and net income rose to $72.9 million, or $1.88 per diluted share, from $57.1 million, or $1.46 per share. Adjusted EBITDA increased to $77.6 million. The Digital Agreements segment grew 7% to $65.5 million, while Cybersecurity revenue declined 2% to $177.7 million.
OneSpan continued returning capital, repurchasing about 1,000,000 shares for $13.1 million in 2025 and buying roughly 560,000 shares in Q4 alone. The board approved increasing the quarterly dividend from $0.12 to $0.13 per share, an 8% annualized raise to $0.52. The company agreed to acquire Build38 to strengthen mobile app protection and issued 2026 guidance calling for total revenue of $244 million to $249 million, ARR of $192 million to $196 million, and Adjusted EBITDA of $64 million to $68 million.
OneSpan Inc. General Counsel Lara Mataac reported equity award activity involving restricted stock units and common shares. On February 23, 2026, she exercised 1,823 restricted stock units, which converted into 1,823 shares of common stock. On the same date, 632 common shares were disposed of at $10.75 per share to satisfy tax withholding obligations related to the award, rather than being sold in an open-market transaction. After these transactions, she directly owned 71,093 shares of OneSpan common stock. The footnotes explain that each restricted stock unit represents a right to receive one common share and that these units vest over three years beginning February 23, 2023.
OneSpan Inc. Chief Financial Officer Jorge Garcia Martell reported routine equity award activity involving restricted stock units and common stock. On February 23, 2026, he exercised 3,038 restricted stock units, converting them into 3,038 shares of OneSpan common stock at a price of $0.00 per share.
On the same date, 1,053 common shares were disposed of at $10.75 per share to cover tax obligations through a tax-withholding disposition, rather than an open-market sale. After these transactions, he directly owned 118,122 shares of OneSpan common stock. The footnotes explain that each restricted stock unit represents a right to receive one share and that the units vest over three years starting on February 23, 2023, with a defined vesting schedule.
OneSpan Inc. reported that General Counsel Lara Mataac acquired 8,077 restricted stock units tied to 2025 performance. These units were earned after the Compensation Committee confirmed that specific 2025 financial metrics were achieved. The PSUs will vest in three installments through December 31, 2027, contingent on continued employment.
OneSpan Inc. reported that its Chief Financial Officer, Jorge Garcia Martell, acquired 11,904 restricted stock units. These units were earned from performance stock units granted on March 4, 2025, after the company met specified 2025 financial metrics. The earned units will vest in three installments through December 31, 2027, contingent on continued employment.