Form 4 • Statement of Changes in Beneficial Ownership
Type
Sell
Net shares
-9,577
% of shares
-4.62%
Amount (USD)
$100,845
Insider confidence score
22.5 out of 100
Negative
Security
Common Stock
Action
Exercise
Date
2026-03-04
Code
M
Net shares
+12,591.0
Acquired/Disposed
Acquired
Shares Owned Before
86,248.0
Shares Owned After
98,839.0
Security
Common Stock
Action
Tax_withhold
Date
2026-03-04
Code
F
Net shares
-4,506.0
Price per Share
$10.53
Amount (USD)
$47,448.18
Acquired/Disposed
Disposed
Shares Owned Before
98,839.0
Shares Owned After
94,333.0
Security
Common Stock
Action
Exercise
Date
2026-03-04
Code
M
Net shares
+14,170.0
Acquired/Disposed
Acquired
Shares Owned Before
94,333.0
Shares Owned After
108,503.0
Security
Common Stock
Action
Tax_withhold
Date
2026-03-04
Code
F
Net shares
-5,071.0
Price per Share
$10.53
Amount (USD)
$53,397.63
Acquired/Disposed
Disposed
Shares Owned Before
108,503.0
Shares Owned After
103,432.0
Security
Restricted Stock Units
Action
Exercise
Date
2026-03-04
Code
M
Net shares
-12,591.0
Acquired/Disposed
Disposed
Shares Owned Before
37,788.0
Shares Owned After
25,197.0
Security
Restricted Stock Units
Action
Exercise
Date
2026-03-04
Code
M
Net shares
-14,170.0
Acquired/Disposed
Disposed
Shares Owned Before
42,511.0
Shares Owned After
28,341.0
1. Each restricted stock unit represents a contingent right to receive one share of OSPN common stock.
2. The restricted stock units vest over three years starting on March 4, 2025, with one-third of the shares vesting on March 4, 2026 and one-sixth of the shares vesting every six months thereafter.
3. On March 4, 2025, the reporting person was granted performance stock units (PSUs) that were eligible to be earned based upon the registrant's achievement of specified financial metrics for 2025. On February 17, 2026, the registrant's Compensation Committee determined that the reporting person had earned 42,511 PSUs based on the 2025 financial metrics. The earned PSUs vested as to 1/3 of the shares on March 4, 2026 and will vest as to an additional 1/3 of the shares on each of December 31, 2026 and December 31, 2027, assuming the reporting person continues to be employed by the registrant on the applicable vesting date.
This page is for informational purposes only. While we strive for accuracy, the summary may contain inaccuracies or omissions. Please refer to the official SEC filing for authoritative information. Open the SEC filing.