OneSpan Inc. (OSPN) SEC Filings

OneSpan Inc. (OSPN) reported that its General Counsel, Lara Mataac, exercised 1,197 Restricted Stock Units into an equal number of shares of common stock on September 4, 2026. Of these shares, 352 were delivered or withheld to pay the exercise price or tax liability, and 3,591 Restricted Stock Units remain directly held. No Rule 10b5-1 trading plan is reported. The restricted stock units vest over three years starting March 4, 2025.

OneSpan Inc. (OSPN) reported that CEO and President Victor Limongelli exercised 6,299 Restricted Stock Units into 6,299 shares of common stock on September 4, 2026. In connection with this vesting, 3,199 common shares were delivered or withheld for payment of exercise price or tax liability, and 18,898 Restricted Stock Units remain directly owned. Each RSU represents a contingent right to receive one share of common stock, and the RSUs vest over three years starting March 4, 2025. No Rule 10b5-1 trading plan is reported for these transactions.

BlackRock, Inc. filed an amended Schedule 13G reporting its beneficial ownership of common stock of OneSpan Inc.. BlackRock reports beneficial ownership of 3,759,502 shares of OneSpan common stock, representing 10.1% of the class. It has sole voting power over 3,721,056 shares and sole dispositive power over 3,759,502 shares, with no shared voting or dispositive power. Various underlying clients and investors have rights to dividends and sale proceeds from these shares, but no single such person has an interest in more than five percent of OneSpan’s outstanding common shares.

OneSpan Inc. reported Q2 2026 revenue of $60.5 million, slightly above $59.8 million a year earlier, with gross margin at 74%. Net income was $6.8 million versus $8.3 million and diluted EPS $0.18 versus $0.21 as profitability softened despite higher sales.

Cybersecurity revenue declined to $40.9 million from $44.2 million, while Digital Agreements increased to $19.5 million from $15.6 million. The company reports subscription revenue growth of 2% in Cybersecurity and 25% in Digital Agreements for the quarter, reflecting a shift away from hardware and perpetual licenses.

Cash and cash equivalents were $43.3 million at June 30, 2026, down from $70.5 million at year-end, including $34.6 million paid for the Build38 GmbH acquisition, $9.8 million of dividends and $8.3 million of share repurchases in the first half, partly offset by $28.1 million of operating cash flow and $5.0 million drawn on a $100 million revolving credit facility. The Board maintained a recurring quarterly dividend of $0.13 per share, including a subsequent dividend declared for payment in September 2026.

OneSpan Inc. reported second quarter 2026 revenue of $60.5 million, up 1% year-over-year. Cybersecurity revenue was $40.9 million, down 7%, while Digital Agreements revenue rose 25% to $19.5 million. Subscription revenue increased 11% to $46.7 million, with ARR $189.7 million, up 7%, and a Net Retention Rate of 103%. Gross margin was 74%. Operating income was $8.7 million versus $10.5 million a year earlier, net income was $6.8 million or $0.18 per diluted share, and Adjusted EBITDA was $16.9 million versus $17.6 million.

Cash and cash equivalents were $43.3 million at June 30, 2026, compared with $70.5 million at December 31, 2025, after $34.6 million of acquisition-related cash outflows. Operating cash flow for the first half of 2026 was $28.1 million. The company drew $5.0 million on its revolving credit facility and repurchased approximately 230,000 shares for $2.9 million. The board declared a quarterly dividend of $0.13 per share, payable September 4, 2026 to shareholders of record on August 14, 2026.

Management launched the new DigipassONE unified authentication platform, spanning Authenticate, Verify, Protect and Insights components. Full-year 2026 guidance was raised, with total revenue now expected between $248 million and $252 million and Adjusted EBITDA between $67 million and $71 million, alongside ARR guidance of $194 million to $198 million.

OneSpan Inc. Chief Financial Officer Jorge Garcia Martell reported an open-market sale of 20,000 shares of the company’s Common Stock. The shares were sold at an average price of $14.4491 per share. Following this transaction, he directly holds 91,018 OneSpan shares.

OneSpan Inc. Chief Technology Officer Ashish Jain reported routine equity compensation activity involving company stock. Jain exercised derivative securities covering 4,731 shares of common stock, converting previously granted restricted stock units into shares. In a related tax-withholding disposition, 1,693 shares were withheld at a price of $14.26 per share to satisfy tax obligations.

After these transactions, Jain directly holds 15,413 shares of OneSpan common stock and 14,193 restricted stock units, which continue to vest on a scheduled basis. The footnotes explain that each restricted stock unit represents a contingent right to receive one share of common stock, with units vesting over three years starting on December 16, 2024.

OneSpan (OSPN) reported a proposed sale of 20,000 shares of common stock under a performance award, with the planned method listed as cash and a sale date of 06/15/2026. The filing also shows 15,000 shares sold on 03/16/2026.

OneSpan Inc. reported results of its 2026 annual stockholder meeting. Stockholders approved an amendment to the Amended and Restated 2019 Omnibus Incentive Plan to increase the shares of common stock available for issuance by 2,000,000 shares.

As of the April 8, 2026 record date, there were 37,071,341 shares of common stock outstanding, and 31,392,771 shares were represented at the meeting. Seven director nominees were elected, named executive officer compensation was approved on an advisory basis, and annual advisory say‑on‑pay frequency was set at every one year.

Stockholders also approved the amendment to the 2019 Omnibus Incentive Plan and ratified the appointment of KPMG LLP as the independent registered public accounting firm for 2026.