---
schema_version: "secwatch.filing_event.v1"
accession: "0001839882-22-007460"
form_type: "8-K"
ticker: "OSPN"
cik: "0001044777"
company_name: "OneSpan Inc."
filed_at: "2022-04-05T23:59:59+00:00"
generated_at: "2026-06-26T09:17:55.889504+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# OneSpan General Counsel Steven Worth resigns effective April 8; receives $616K severance

## Summary
- Steven Worth resigns as General Counsel, CCO, and Corporate Secretary; last day April 8, 2022.
- Severance includes $616,011 (base salary plus 2022 target bonus) paid over 12 months plus 12 months COBRA subsidy.
- Worth served as interim CFO in 2021 and interim CEO Aug–Nov 2021; transition completed to CEO Matt Moynahan.
- Separation agreement includes release of claims, non-disparagement, and confidentiality obligations.

## SEC filing metadata
- accession: 0001839882-22-007460
- form_type: 8-K
- ticker: OSPN
- cik: 0001044777
- company_name: OneSpan Inc.
- filed_at: 2022-04-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1044777/000183988222007460/0001839882-22-007460-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1044777/000183988222007460/ospn-8k_040422.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001839882-22-007460
- JSON: https://secwatch.observer/filing/0001839882-22-007460.json
- Plain text: https://secwatch.observer/filing/0001839882-22-007460.txt

## Key facts
- Executive change
  Steven Worth resigned as General Counsel, Chief Compliance Officer and Corporate Secretary at OneSpan Inc..
  - Action: resigned
  - Role: General Counsel, Chief Compliance Officer and Corporate Secretary
  source text: On April 4, 2022, OneSpan Inc. (the “Company”) and Mr. Steven Worth, the Company’s General Counsel, Chief Compliance Officer and Corporate Secretary, reached an agreement regarding Mr. Worth’s resignation from the Company after six years of service.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1044777/000183988222007460/0001839882-22-007460-index.htm

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