OSPN Form 4: Director Garry Capers purchases 2,000 shares at $13.0694
Rhea-AI Filing Summary
OneSpan Inc. (OSPN) Form 4: Director Garry L. Capers reported a direct purchase of 2,000 shares on 08/08/2025 at a price of $13.0694 per share. Following the transaction the filing shows reported direct beneficial ownership of 36,894 shares. The Form 4 was signed by an attorney-in-fact, Lara Mataac, on the same date.
Positive
- Insider purchase disclosed: Director Garry L. Capers acquired 2,000 shares on 08/08/2025.
- Price reported: Transaction price is explicitly stated as $13.0694 per share.
- Updated direct ownership: Filing reports direct beneficial ownership of 36,894 shares after the transaction.
- Properly executed filing: Form 4 signed by attorney-in-fact Lara Mataac on 08/08/2025.
Negative
- None.
Insights
TL;DR: Director purchase of 2,000 shares reported; routine disclosure with limited immediate governance implications.
The Form 4 discloses a purchase (code P) of 2,000 OneSpan shares at $13.0694, increasing reported direct holdings to 36,894 shares. The filing was executed by an attorney-in-fact. From a governance perspective, this is a standard insider disclosure that updates ownership records and does not, by itself, indicate a change in control or governance structure.
TL;DR: Insider buy reported; magnitude appears modest and is unlikely to be material to valuation on its own.
The transaction recorded on 08/08/2025 shows a director-level insider acquiring 2,000 shares at $13.0694 per share, with post-transaction direct ownership of 36,894 shares. This Form 4 provides transparency on insider holdings and trading activity; given the absolute share count transacted, the filing typically represents a routine disclosure rather than a material capital event.