secwatch.observer — SEC 8-K summary
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Issuer:     OneSpan Inc. (OSPN)
CIK:        0001044777
Form:       8-K/A
Filed at:   2021-09-02T23:59:59+00:00
Accession:  0001558370-21-012182
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OneSpan sets interim CEO Worth's compensation: $20k/month, 15,000 PSUs
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- Monthly fee of $20,000 added for Interim President and CEO role, retroactive to August 2, 2021.
- Grant of 15,000 performance-based restricted stock units (PSUs) cliff-vesting on December 31, 2021.
- PSU vesting contingent on achieving strategic goals related to product strategy, diagnostic work, and cost savings.
- Compensation changes approved by Board and disclosed via amendment to prior 8-K.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1044777/000155837021012182/0001558370-21-012182-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1044777/000155837021012182/ospn-20210802x8ka.htm
  HTML page:      https://secwatch.observer/filing/0001558370-21-012182

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer