Form 4 • Statement of Changes in Beneficial Ownership
Type
Sell
Net shares
-4,339
% of shares
-25.96%
Amount (USD)
$45,429
Insider confidence score
26.3 out of 100
Positive
Negative
Security
Common Stock
Action
Exercise
Date
2026-03-03
Code
M
Net shares
+10,642.0
Acquired/Disposed
Acquired
Shares Owned Before
6,072.0
Shares Owned After
16,714.0
Security
Common Stock
Action
Tax_withhold
Date
2026-03-03
Code
F
Net shares
-4,339.0
Price per Share
$10.47
Amount (USD)
$45,429.33
Acquired/Disposed
Disposed
Shares Owned Before
16,714.0
Shares Owned After
12,375.0
Security
Restricted Stock Units
Action
Exercise
Date
2026-03-03
Code
M
Net shares
-10,642.0
Acquired/Disposed
Disposed
Shares Owned Before
31,927.0
Shares Owned After
21,285.0
1. Each restricted stock unit represents a contingent right to receive one share of OSPN common stock.
2. On March 3, 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 31,927 PSUs based on the 2025 financial metrics. 1/3 of the earned PSUs vested on March 3, 2026. The remaining earned PSUs will vest in approximately equal installments on 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.