{"schema_version":"secwatch.filing_event.v1","accession":"0001387131-21-012173","form_type":"8-K","ticker":"OSPN","cik":"0001044777","company_name":"OneSpan Inc.","filed_at":"2021-12-21T23:59:59+00:00","discovered_at":"2026-05-14T18:04:11.245264+00:00","generated_at":"2026-06-27T23:10:09.132874+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"OneSpan board approves restructuring plan targeting $10-12M annual savings","bullets":["Board approved plan on Dec 16, 2021; expected to achieve $10-12M annual pre-tax cost savings for FY2022.","Total charges of $3-4M expected in Q1 2022, primarily severance ($2.75-3.75M) and office space ($250K).","Cost savings from headcount reductions, decreased leased office space, and external spend rationalization.","Plan is first phase of a multi-year strategic plan; additional details expected in Q2 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001387131-21-012173","json":"https://secwatch.observer/filing/0001387131-21-012173.json","markdown":"https://secwatch.observer/filing/0001387131-21-012173.md","text":"https://secwatch.observer/filing/0001387131-21-012173.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1044777/000138713121012173/0001387131-21-012173-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1044777/000138713121012173/ospn-8k_121621.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T23:10:09.132874+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}