secwatch.observer — SEC 8-K summary
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Issuer:     OneSpan Inc. (OSPN)
CIK:        0001044777
Form:       8-K
Filed at:   2022-04-05T23:59:59+00:00
Accession:  0001839882-22-007460
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1044777/000183988222007460/0001839882-22-007460-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1044777/000183988222007460/ospn-8k_040422.htm
  HTML page:      https://secwatch.observer/filing/0001839882-22-007460

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