{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-000522","form_type":"8-K","ticker":"OSPN","cik":"0001044777","company_name":"OneSpan Inc.","filed_at":"2024-01-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.209568+00:00","generated_at":"2026-06-07T02:52:48.321066+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"OneSpan names Victor Limongelli interim CEO; raises FY2023 guidance","bullets":["CEO Matthew Moynahan terminated without cause effective Jan 4, 2024; replaced by interim CEO Victor Limongelli.","Limongelli receives $75k/month base salary for up to 6 months; discretionary cash bonus of $300k-$1.5M; no equity grants.","FY2023 revenue expected at high end of $228M-$232M range; ARR guidance $148M-$152M reaffirmed.","FY2023 adjusted EBITDA to achieve/exceed high end of $2M-$4M range; FY2024 revenue target low-to-mid single-digit growth.","FY2024 adjusted EBITDA margin target 20%-23%; aspirational goal of 30% Rule of 40 by end of 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-000522","json":"https://secwatch.observer/filing/0001628280-24-000522.json","markdown":"https://secwatch.observer/filing/0001628280-24-000522.md","text":"https://secwatch.observer/filing/0001628280-24-000522.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1044777/000162828024000522/0001628280-24-000522-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1044777/000162828024000522/ospn-20240104.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T02:52:48.321066+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":"01991475a2","claim":"Victor Limongelli was appointed as Interim Chief Executive Officer at OneSpan Inc..","evidence_excerpt":"On January 4, 2024, the Board of Directors (the “Board”) of OneSpan Inc. (the “Company”, “OneSpan”, “we”, or “our”) appointed Victor Limongelli as Interim Chief Executive Officer, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1044777/000162828024000522/0001628280-24-000522-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Interim Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"c2e0f5b8d5","claim":"Matthew Moynahan departed as President and Chief Executive Officer at OneSpan Inc..","evidence_excerpt":"Mr. Limongelli replaces Matthew Moynahan, whose employment as the Company’s President and Chief Executive Officer was terminated without cause on January 4, 2024 immediately prior to Mr. Limongelli’s appointment.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1044777/000162828024000522/0001628280-24-000522-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"terminated without cause"},{"label":"Role","value":"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"}