---
schema_version: "secwatch.filing_event.v1"
accession: "0001387131-22-009471"
form_type: "8-K"
ticker: "OSPN"
cik: "0001044777"
company_name: "OneSpan Inc."
filed_at: "2022-09-06T23:59:59+00:00"
generated_at: "2026-06-23T14:57:48.308679+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# OneSpan appoints Jorge Garcia Martell as CFO effective Sept 6, 2022

## Summary
- Martell replaces interim CFO Jan Kees van Gaalen; base salary $400k, target bonus 65%.
- Equity grants: $250k RSUs (4-yr vest), $625k RSUs (3-yr), $625k PSUs target for FY2022.
- Prior role: CFO & Treasurer at Extreme Reach from July 2016 to Sept 2022.
- Severance: 12 months salary, prorated bonus, COBRA; double trigger acceleration upon change in control.
- Employment agreement initial 2-year term, auto-renew; non-compete/non-solicit for 12 months post-termination.

## SEC filing metadata
- accession: 0001387131-22-009471
- form_type: 8-K
- ticker: OSPN
- cik: 0001044777
- company_name: OneSpan Inc.
- filed_at: 2022-09-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1044777/000138713122009471/0001387131-22-009471-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1044777/000138713122009471/ospn-8k_090622.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001387131-22-009471
- JSON: https://secwatch.observer/filing/0001387131-22-009471.json
- Plain text: https://secwatch.observer/filing/0001387131-22-009471.txt

## Key facts
- Executive change
  Jan Kees van Gaalen changed role as Interim Chief Financial Officer at OneSpan Inc..
  - Action: concluded role
  - Role: Interim Chief Financial Officer
  source text: Mr. Martell replaces Jan Kees van Gaalen, who concluded his role as the Company’s Interim Chief Financial Officer concurrently with Mr. Martell’s appointment.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1044777/000138713122009471/0001387131-22-009471-index.htm
- Executive change
  Jorge Garcia Martell was appointed as Chief Financial Officer at OneSpan Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: OneSpan Inc. (the “Company”) has announced that Jorge Garcia Martell has been appointed as the Company’s Chief Financial Officer, effective September 6, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1044777/000138713122009471/0001387131-22-009471-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
