OSPN · OneSpan Inc. · Executive Compensation
$19.68
-0.68 (-3.34%)
At close · Oct 28
Return incl. dividend (before tax)
Q2 2026 earnings call transcript
Market Cap
$750.31M
Shares
36.85M
Volume · Oct 28
770.77K
Avg daily vol (3M)
520.88K
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Victor Limongelli | President and Chief Executive Officer and former Interim Chief Executive Officer | $7,116,820 |
| Matthew Moynahan | Former President and Chief Executive Officer Salary represents base salary earned in the fiscal year indicated. Bonus reported for 2024 represents discretionary bonuses earned for work performed in the fiscal year ended December 31, 2024, as described above in “Compensation Discussion and Analysis” in the “Discretionary Bonuses” section and, in the case of Mr. Limongelli, the “Interim CEO Compensation” section. The amounts reflected represent the aggregate grant date fair value of awards computed in accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 718, Compensation—Stock Compensation (“FASB ASC Topic 718”) and are based on the probable outcome of the performance conditions with respect to PSUs other than Mr. Limongelli's Special PSU Grant (which is subject to market-based conditions and based on a Monte Carlo valuation). Please see Note 14 to our consolidated financial statements included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024 for more information about our share-based compensation. Assuming the highest level of performance had been considered probable for the PSUs granted to Mr. Martell and Ms. Mataac in 2024, the grant date fair value of the equity awards shown would have been 404,666 for each of them. Amounts reported in this column for 2024 represent annual cash incentive payments with respect to the fiscal year ended December 31, 2024, as described above in “Compensation Discussion and Analysis” in the “Annual Cash Incentive Compensation” section. The NEOs’ “All Other Compensation” for 2024 consisted of: • • • • Mr. Limongelli and Mr. Jain began work with the Company on January 4, 2024 and December 16, 2024, respectively and, as such, were not NEOs prior to 2024. The Committee also approved a PSU award of 85,140 shares to Mr. Jain effective on December 16, 2024, his first day of work with the Company. However, because this PSU award will be earned based upon 2025 financial performance metrics that were not determined by the Committee until February 2025 and not communicated to Mr. Jain until March 3, 2025, its grant date under FASB ASC Topic 718 is March 3, 2025, and it is therefore not reflected in this table. | $1,137,291 |
| Jorge Martell | Chief Financial Officer | $1,109,435 |
| Lara Mataac | General Counsel | $962,775 |
| Ashish Jain | Chief Technology Officer | $568,754 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Matthew Moynahan | Former President and Chief Executive Officer Salary represents base salary earned in the fiscal year indicated. Bonus reported for 2024 represents discretionary bonuses earned for work performed in the fiscal year ended December 31, 2024, as described above in “Compensation Discussion and Analysis” in the “Discretionary Bonuses” section and, in the case of Mr. Limongelli, the “Interim CEO Compensation” section. The amounts reflected represent the aggregate grant date fair value of awards computed in accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 718, Compensation—Stock Compensation (“FASB ASC Topic 718”) and are based on the probable outcome of the performance conditions with respect to PSUs other than Mr. Limongelli's Special PSU Grant (which is subject to market-based conditions and based on a Monte Carlo valuation). Please see Note 14 to our consolidated financial statements included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024 for more information about our share-based compensation. Assuming the highest level of performance had been considered probable for the PSUs granted to Mr. Martell and Ms. Mataac in 2024, the grant date fair value of the equity awards shown would have been 404,666 for each of them. Amounts reported in this column for 2024 represent annual cash incentive payments with respect to the fiscal year ended December 31, 2024, as described above in “Compensation Discussion and Analysis” in the “Annual Cash Incentive Compensation” section. The NEOs’ “All Other Compensation” for 2024 consisted of: • • • • Mr. Limongelli and Mr. Jain began work with the Company on January 4, 2024 and December 16, 2024, respectively and, as such, were not NEOs prior to 2024. The Committee also approved a PSU award of 85,140 shares to Mr. Jain effective on December 16, 2024, his first day of work with the Company. However, because this PSU award will be earned based upon 2025 financial performance metrics that were not determined by the Committee until February 2025 and not communicated to Mr. Jain until March 3, 2025, its grant date under FASB ASC Topic 718 is March 3, 2025, and it is therefore not reflected in this table. | $8,530,215 |
| Jorge Martell | Chief Financial Officer | $1,407,676 |
| Lara Mataac | General Counsel | $968,498 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Matthew Moynahan | Former President and Chief Executive Officer Salary represents base salary earned in the fiscal year indicated. Bonus reported for 2024 represents discretionary bonuses earned for work performed in the fiscal year ended December 31, 2024, as described above in “Compensation Discussion and Analysis” in the “Discretionary Bonuses” section and, in the case of Mr. Limongelli, the “Interim CEO Compensation” section. The amounts reflected represent the aggregate grant date fair value of awards computed in accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 718, Compensation—Stock Compensation (“FASB ASC Topic 718”) and are based on the probable outcome of the performance conditions with respect to PSUs other than Mr. Limongelli's Special PSU Grant (which is subject to market-based conditions and based on a Monte Carlo valuation). Please see Note 14 to our consolidated financial statements included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024 for more information about our share-based compensation. Assuming the highest level of performance had been considered probable for the PSUs granted to Mr. Martell and Ms. Mataac in 2024, the grant date fair value of the equity awards shown would have been 404,666 for each of them. Amounts reported in this column for 2024 represent annual cash incentive payments with respect to the fiscal year ended December 31, 2024, as described above in “Compensation Discussion and Analysis” in the “Annual Cash Incentive Compensation” section. The NEOs’ “All Other Compensation” for 2024 consisted of: • • • • Mr. Limongelli and Mr. Jain began work with the Company on January 4, 2024 and December 16, 2024, respectively and, as such, were not NEOs prior to 2024. The Committee also approved a PSU award of 85,140 shares to Mr. Jain effective on December 16, 2024, his first day of work with the Company. However, because this PSU award will be earned based upon 2025 financial performance metrics that were not determined by the Committee until February 2025 and not communicated to Mr. Jain until March 3, 2025, its grant date under FASB ASC Topic 718 is March 3, 2025, and it is therefore not reflected in this table. | $3,554,030 |
| Jorge Martell | Chief Financial Officer | $1,723,692 |
| Lara Mataac | General Counsel | $883,886 |
| Steven Worth | Former General Counsel | $756,552 |
| Jan Kees van Gaalen | Interim Chief Financial Officer | $450,000 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Matthew Moynahan | Former President and Chief Executive Officer | $7,111,207 |
| Scott Clements | Former President and Chief Executive Officer | $4,491,559 |
| Steven R. Worth | General Counsel | $1,913,618 |
| Steven Worth | Former General Counsel | $1,837,719 |
| Mark S. Hoyt | Former Executive Vice President, Treasurer and Chief Financial Officer | $1,676,079 |
| John Bosshart | Former Chief Financial Officer | $806,527 |
| Jan Kees van Gaalen | Interim Chief Financial Officer | $180,000 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Scott Clements | Former President and Chief Executive Officer | $3,766,207 |
| Mark S. Hoyt | Former Executive Vice President, Treasurer and Chief Financial Officer | $1,815,177 |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Scott Clements | Former President and Chief Executive Officer | $3,033,132 |
| Mark S. Hoyt | Former Executive Vice President, Treasurer and Chief Financial Officer | $1,630,852 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Marc Zenner | director | Appointed | 2025-06-10 |
| Alfred Nietzel | director | Appointed | 2025-06-10 |
| Michael McConnell | director | Appointed | 2025-06-10 |
| Marianne Johnson | director | Appointed | 2025-06-10 |
| Sarika Garg | director | Appointed | 2025-06-10 |
| Garry Capers | director | Appointed | 2025-06-10 |
| Marc Boroditsky | director | Appointed | 2025-06-10 |
| Victor Limongelli | President and Chief Executive Officer | Appointed | 2024-08-01 |
| Matthew Moynahan | President and Chief Executive Officer | Terminated | 2024-01-05 |
| Matthew Moynahan | Board | Resigned | 2024-01-05 |
| Victor Limongelli | Interim Chief Executive Officer | Appointed | 2024-01-05 |
| Jorge Garcia Martell | Chief Financial Officer | Appointed | 2022-09-06 |
Leadership
- Steven R. Worth CEO, CFO
- Victor Limongelli CEO
- John W. Bosshart CFO
- Jorge Garcia Martell CFO
- Jorge Martell CFO
- Ashish Jain CTO
- Lara Mataac General Counsel
- Alfred Nietzel Board Member
- Garry Capers Board Member
- Marc Boroditsky Board Member
- Marc Zenner Board Member
- Marianne Johnson Board Member
- Matt Moynahan Board Member
- Michael J. McConnell Board Member
- Michael McConnell Board Member
- Naureen Hassan Board Member
- Sarika Garg Board Member
- To approve Board Member
Key facts
CIK
1044777
CUSIP
68287N100
13F (30d)
37 filings
32 filers
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