{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-007726","form_type":"8-K","ticker":"OSPN","cik":"0001044777","company_name":"OneSpan Inc.","filed_at":"2023-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.645949+00:00","generated_at":"2026-06-18T04:10:30.151213+00:00","sec_items":["7.01","5.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"OneSpan grants CEO 300K PSUs with revenue targets; no SVB/Signature exposure","bullets":["Company has no cash or cash equivalents with SVB or Signature Bank; both closed by regulators March 10 and 12, 2023.","SVB and Signature are customers; company expects no material impact from receiverships on results or finances.","Compensation Committee approved special 300,000 PSU award to CEO Matthew Moynahan tied to 2023-2025 revenue targets.","2023: 75,000 PSUs if 2023 revenue target met; 2024: sliding scale (50% at 95% target, 100% at 100%); 2025: up to 150,000.","PSUs vest after 2025 performance period; accelerated vesting on termination without cause, good reason, death, or change in control."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-007726","json":"https://secwatch.observer/filing/0001628280-23-007726.json","markdown":"https://secwatch.observer/filing/0001628280-23-007726.md","text":"https://secwatch.observer/filing/0001628280-23-007726.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1044777/000162828023007726/0001628280-23-007726-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1044777/000162828023007726/ospn-20230311.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T04:10:30.151213+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"}