V
Velarion™Intelligence
Sign InFree TrialBook a Walkthrough

OneSpan Executive Compensation (FY25)

OSPN · Boston, MA · Executive and director compensation, fiscal 2022 to 2025

The OneSpan brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $2,400.
Data as of September 7, 2026Latest filing (8-K): June 5, 2026
12 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
OneSpan brief$1,500Get the executive brief
207 figures on this page: 199 cited to the filing that reported them, 8 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Victor Limongelli
Latest say-on-pay support
=
June 5, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Victor Limongelli: $7,116,820 → $3,627,046 (49.0% lower)
CEO pay ratio: 71:1 → 31:1 (56.3% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is OneSpan's chief executive and what were they paid?
Total compensation for Victor Limongelli, President and Chief Executive Officer, came to $3,627,046 in fiscal 2025. Limongelli's total moved 49.0% lower from the $7,116,820 reported for fiscal 2024.
What was OneSpan's say-on-pay result?
Shareholders recorded 90.0% support for the say-on-pay proposal at the meeting held June 5, 2026 for fiscal 2025.
Which companies are in OneSpan's peer group?
The disclosed peer group names A10 Networks, Inc., Agilysys, Inc., American Software, Inc., Arlo Technologies, Inc. and AstroNova, Inc., among others.
What is OneSpan's chief executive pay ratio?
The company reported a chief executive pay ratio of 31:1 for fiscal 2025, against median employee compensation of $118,504.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Matthew Moynahan
President and Chief Executive Officer
◇◇◇◇◇—◇◇
Jorge Martell
Chief Financial Officer
◇◇◇◇◇—◇◇
Lara Mataac
General Counsel, Chief Compliance Officer and Corporate Secretary
◇—◇—◇—◇◇
Steven Worth
Former General Counsel
Departed during or after this year
◇—————◇◇
Jan Kees van Gaalen
Interim Chief Financial Officer
Served on an interim basis
◇——————◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Victor Limongelli
President and Chief Executive Officer and former Interim Chief Executive Officer
Departed during or after this year
Served on an interim basis
◇◇◇—◇—◇◇
Matthew Moynahan
Former President and Chief Executive Officer
Departed during or after this year
◇—————◇◇
Jorge Martell
Chief Financial Officer
◇◇◇—◇—◇◇
Lara Mataac
General Counsel
◇◇◇—◇—◇◇
Ashish Jain
Chief Technology Officer
◇—◇————◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Victor Limongelli
President and Chief Executive Officer
◇◇◇—◇—◇◇
Ashish Jain
Chief Technology Officer
◇◇◇—◇—◇◇
Jorge Martell
Chief Financial Officer
◇◇◇—◇—◇◇
Lara Mataac
General Counsel, Chief Compliance Officer and Corporate Secretary
◇◇◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Ashish JainPSU◇◇◇—◇—◇
Jorge MartellPSU◇◇◇—◇—◇
Jorge MartellRSU◇——◇——◇
Lara MataacRSU◇——◇——◇
Lara MataacPSU◇◇◇—◇—◇
Victor LimongelliRSU◇——◇——◇
Victor LimongelliPSU◇◇◇—◇—◇
Fiscal 2022, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Jorge MartellPSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Lara MataacPSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
Ashish JainRSU◇◇——
PSU◇◇——
Victor LimongelliPSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Victor Limongelli
President and Chief Executive Officer · Employment agreement · dated July 31, 2024
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Non-solicit period◇
Clawback◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Alfred Nietzel
◇◇————◇
Garry Capers
Board chair
◇◇————◇
Marc Zenner
◇◇————◇
Michael McConnell
◇◇————◇
Sarika Garg
◇◇————◇
Marianne Johnson
◇◇————◇
Marc Boroditsky
◇◇————◇
Victor Limongelli served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • A10 Networks, Inc. ATEN
  • Agilysys, Inc. AGYS
  • American Software, Inc. symbol not shown
  • Arlo Technologies, Inc. ARLO
  • AstroNova, Inc. ALOT
  • Avid Technology, Inc. AVID
  • Consensus Cloud Solutions, Inc. CCSI
  • Faro Technologies, Inc. FARO
  • Identiv, Inc. INVE
  • Iteris, Inc. ITI
  • Mitek Systems, Inc. MITK
  • NAPCO Security Technologies, Inc. NSSC
  • Powerfleet, Inc. AIOT
  • Quantum Corporation QMCO
  • SecureWorks, Inc. SCWX
  • Telos Corporation TLS
  • TransAct Technologies Incorporated TACT
  • Turtle Beach Corporation TBCH
  • Viant Technology Inc. DSP
  • Vishay Precision Group, Inc. VPG

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 5, 2026=◇◇◇
2024June 6, 2025=◇◇◇
2023June 7, 2024=◇◇◇
2022June 8, 2023=◇◇◇
2021June 8, 2022=◇◇◇
2020June 9, 2021=◇◇◇
2019June 10, 2020=◇◇◇
2016June 14, 2017=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
Email me this page as a cited PDF
The same figures, the same citations, formatted to hand to a committee. Nothing is added that is not on this page.
Your address is used for this and nothing else. Unsubscribe in one click.
Tell me when OneSpan files
You get a note when this company’s compensation data changes.
Your address is used for this and nothing else. Unsubscribe in one click.

What this page does not include

Everything above is a fact OneSpan disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where OneSpan sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about access
Multiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion Intelligence
Join the list for a Velarion Pro seat
Full platform access for one person: every industry we cover, peer positioning, and the written analysis. We will email you when it opens.
Your address is used for this and nothing else. Unsubscribe in one click.
Join the list for Peer Group Review
Whether OneSpan's disclosed peer group is defensible, who names OneSpan back in their own benchmarking group, and how pay tracks performance across it. This is the analysis a compensation consultant delivers on the group above. We will email you when it opens.
Your address is used for this and nothing else. Unsubscribe in one click.

Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
207 figures on this page: 199 cited to the filing that reported them, 8 calculated from figures it prints.
199 cited to the filing
8 calculated from the filing

Documents cited

  1. 0001044777-26-000034
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001044777-26-000011
    2025 DIRECTOR COMPENSATION TABLE · 2025 SUMMARY COMPENSATION TABLE · CEO Pay Ratio · DIRECTOR COMPENSATION · and 2 more sections
  3. 0001628280-25-030517
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001628280-25-019338
    2024 SUMMARY COMPENSATION TABLE · Fiscal Year 2022 Summary Compensation Table
  5. 0001628280-25-008750
    EX-10.1
  6. 0001628280-24-027279
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0001628280-23-021511
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001839882-23-010443
    2022 SUMMARY COMPENSATION TABLE · 2022 Summary Compensation Table
  9. 0001558370-22-009984
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001558370-21-008199
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001558370-20-007534
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001193125-17-204727
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “OneSpan executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/OSPN (accessed 2026).
Short form: data: Velarion

The OneSpan brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
12 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Embed this data
A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.
The headline figures, each with its citation.
Connect an AI assistant
Ask your own assistant about OneSpan and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.
Setup guide and the full list of questions it answers

Peers OneSpan discloses

The companies named in OSPN's own disclosed peer group.

A10 Networks, Inc.Agilysys, Inc.Arlo Technologies, Inc.AstroNova, Inc.Avid Technology, Inc.Consensus Cloud Solutions, Inc.Faro Technologies, Inc.Identiv, Inc.Iteris, Inc.Mitek Systems, Inc.NAPCO Security Technologies, Inc.Powerfleet, Inc.Quantum CorporationSecureWorks, Inc.Telos CorporationTurtle Beach CorporationViant Technology Inc.Vishay Precision Group, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  All companies · The Pay Desk · Methodology · Terms · Privacy