[Form 4] OneSpan Inc. Insider Trading Activity

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

Corporate Governance Expert

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.

Securities Analyst

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.

SEC Form 4

FORM 4

UNITED 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^*

Capers Garry L

(Last) (First) (Middle)

1 MARINA PARK DRIVE

UNIT 1410

(Street)

BOSTON MA 60601

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
OneSpan Inc. [ OSPN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/08/2025		P		2,000	A	$13.0694	36,894	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Lara Mataac, Attorney in Fact	08/08/2025
	** Signature of Reporting Person	Date
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.

FAQ

What transaction is reported for OneSpan (OSPN) on this Form 4?

The filing reports a purchase of 2,000 common shares by director Garry L. Capers on 08/08/2025.

At what price were the OneSpan (OSPN) shares purchased?

The reported purchase price was $13.0694 per share.

How many OneSpan (OSPN) shares does Garry L. Capers own after the transaction?

The Form 4 shows reported direct beneficial ownership of 36,894 shares following the transaction.

What is Garry L. Capers' relationship to OneSpan (OSPN)?

The filing indicates Garry L. Capers is a Director of OneSpan.

Who signed the Form 4 for this transaction?

The Form 4 was signed by attorney-in-fact Lara Mataac on 08/08/2025.