{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-21-010196","form_type":"8-K","ticker":"OSPN","cik":"0001044777","company_name":"OneSpan Inc.","filed_at":"2021-08-04T23:59:59+00:00","discovered_at":"2026-05-14T18:04:16.960015+00:00","generated_at":"2026-06-29T22:18:04.862699+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"OneSpan Q2 revenue down 5%; CEO departs; full-year guidance slashed","bullets":["Q2 revenue $52.3M (-5% YoY); GAAP net loss $6.7M vs loss $2.0M a year ago.","Recurring revenue grew 24% to $28.8M; ARR up 24% to $111.7M.","Full-year 2021 guidance lowered: revenue $205-215M (from $215-225M); Adj. EBITDA loss $12-15M (from breakeven).","CEO Scott Clements left Aug 2; Steven Worth named interim CEO (formerly GC/Interim CFO).","John Bosshart appointed interim CFO; Chair Al Nietzel replaces John Fox Jr., who retired from board."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-21-010196","json":"https://secwatch.observer/filing/0001558370-21-010196.json","markdown":"https://secwatch.observer/filing/0001558370-21-010196.md","text":"https://secwatch.observer/filing/0001558370-21-010196.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1044777/000155837021010196/0001558370-21-010196-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1044777/000155837021010196/ospn-20210729x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T22:18:04.862699+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":[{"claim_id":"75f4a39fc7","claim":"John N. Fox, Jr. resigned as Director at OneSpan Inc..","evidence_excerpt":"On July 29, 2021, Mr. Fox notified the Board that he will resign from the Board effective August 4, 2021.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1044777/000155837021010196/0001558370-21-010196-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"d299f0d5fa","claim":"John W. Bosshart was appointed as Interim Chief Financial Officer and Treasurer at OneSpan Inc..","evidence_excerpt":"the Company announced the appointment of John W. Bosshart as Interim Chief Financial Officer and Treasurer, effective August 2, 2021.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1044777/000155837021010196/0001558370-21-010196-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Interim Chief Financial Officer and Treasurer"}],"fact_type":"executive_change"},{"claim_id":"d794083108","claim":"Scott M. Clements departed as President and Chief Executive Officer at OneSpan Inc..","evidence_excerpt":"Scott M. Clements, the Company’s President and Chief Executive Officer and a director, left the Company (including the Board) effective August 2, 2021.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1044777/000155837021010196/0001558370-21-010196-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"left"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"e8e13bfed3","claim":"Steven R. Worth was appointed as Interim President and Chief Executive Officer at OneSpan Inc..","evidence_excerpt":"On August 4, 2021, the Company announced the appointment of Steven R. Worth as Interim President and Chief Executive Officer, effective August 2, 2021.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1044777/000155837021010196/0001558370-21-010196-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Interim President and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}