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OneSpan CFO acquires 1,132 shares in award exercise

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Form Type
4

Rhea-AI Filing Summary

OneSpan Inc. Chief Financial Officer Jorge Garcia Martell exercised 1,132 restricted stock units on November 13, 2026, acquiring 1,132 common shares. He also delivered or had withheld 333 common shares for payment of exercise price or tax liability at $22.31 per share. He held 1,133 restricted stock units following the transaction.

Insider Martell Jorge Garcia
Role Chief Financial Officer
Type Security Shares Price Value
Exercise Restricted Stock Units F1, F2 1,132 $0.00 $0.00
Exercise Common Stock F1 1,132 $0.00 $0.00
Exercise Price or Tax Liability Common Stock 333 $22.31 $7K
Holdings After Transaction: Restricted Stock Units — 1,133 units (Direct); Common Stock — 87,220 shares (Direct)
Footnotes (2)
  1. F1. Each restricted stock unit represents a contingent right to receive one share of OSPN common stock.
  2. F2. The restricted stock units vest over three years starting on May 14, 2024, with one-third of the shares vesting on May 14, 2025 and one-sixth of the shares vesting every six months thereafter.
Restricted stock units exercised 1,132 restricted stock units November 13, 2026
Common shares acquired 1,132 common shares Upon exercise on November 13, 2026
Shares delivered or withheld 333 common shares For payment of exercise price or tax liability on November 13, 2026
Delivery or withholding price $22.31 per share For the 333 common shares delivered or withheld
Restricted stock units following transaction 1,133 restricted stock units Reported following the November 13, 2026 transaction
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

FAQ

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What did OSPN CFO Jorge Garcia Martell report on November 13, 2026?

Jorge Garcia Martell, OneSpan's Chief Financial Officer, exercised 1,132 restricted stock units, acquiring 1,132 common shares. He also delivered or had withheld 333 common shares for payment of exercise price or tax liability at $22.31 per share. He held 1,133 restricted stock units following the transaction.

What is the vesting schedule for Jorge Garcia Martell's OneSpan RSUs?

The restricted stock units vest over three years starting May 14, 2024. One-third of the shares vested on May 14, 2025, and one-sixth vests every six months thereafter.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Martell Jorge Garcia

(Last)(First)(Middle)
1 MARINA PARK DRIVE
UNIT 1410

(Street)
BOSTON MASSACHUSETTS 02210

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
OneSpan Inc. [ OSPN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
11/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock11/13/2026M1,132A$0(1)87,553D
Common Stock11/13/2026F333D$22.3187,220D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$0(1)11/13/2026M1,132 (2) (2)Common Stock1,132$0(1)1,133D
Explanation of Responses:
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 May 14, 2024, with one-third of the shares vesting on May 14, 2025 and one-sixth of the shares vesting every six months thereafter.
/s/ Lara Mataac, Attorney in Fact11/13/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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