Form 4 • Statement of Changes in Beneficial Ownership
Type
Sell
Net shares
-2,564
% of shares
-1.04%
Amount (USD)
$26,998
Insider confidence score
26.3 out of 100
Positive
Negative
Security
Common Stock
Action
Exercise
Date
2026-03-04
Code
M
Net shares
+3,526.0
Acquired/Disposed
Acquired
Shares Owned Before
118,122.0
Shares Owned After
121,648.0
Security
Common Stock
Action
Tax_withhold
Date
2026-03-04
Code
F
Net shares
-1,189.0
Price per Share
$10.53
Amount (USD)
$12,520.17
Acquired/Disposed
Disposed
Shares Owned Before
121,648.0
Shares Owned After
120,459.0
Security
Common Stock
Action
Exercise
Date
2026-03-04
Code
M
Net shares
+3,968.0
Acquired/Disposed
Acquired
Shares Owned Before
120,459.0
Shares Owned After
124,427.0
Security
Common Stock
Action
Tax_withhold
Date
2026-03-04
Code
F
Net shares
-1,375.0
Price per Share
$10.53
Amount (USD)
$14,478.75
Acquired/Disposed
Disposed
Shares Owned Before
124,427.0
Shares Owned After
123,052.0
Security
Restricted Stock Units
Action
Exercise
Date
2026-03-04
Code
M
Net shares
-3,526.0
Acquired/Disposed
Disposed
Shares Owned Before
10,581.0
Shares Owned After
7,055.0
Security
Restricted Stock Units
Action
Exercise
Date
2026-03-04
Code
M
Net shares
-3,968.0
Acquired/Disposed
Disposed
Shares Owned Before
11,904.0
Shares Owned After
7,936.0
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 11,904 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.