Does the OneSpan (OSPN) CEO pay a price per share for this RSU grant?

The reported transaction lists a price per share of 0.0000 for the restricted stock units. This indicates the award is compensation-based rather than a market purchase, with value realized only as the units vest into shares of common stock.

OneSpan (NASDAQ: OSPN) CEO granted 93,412 RSUs with 3-year vesting

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

OneSpan Inc. CEO and President Victor Limongelli received a grant of 93,412 restricted stock units. Each unit represents a contingent right to receive one share of OneSpan common stock. The award was reported as a direct acquisition with no cash price per unit.

The restricted stock units vest over three years starting on March 30, 2026. One-third of the shares vest on March 30, 2027, and one-sixth of the shares vest every six months thereafter, tying the value of the award to Limongelli’s continued service over time.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Limongelli Victor

Role CEO and President

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	93,412	$0.00	--

Holdings After Transaction: Restricted Stock Units — 93,412 shares (Direct)

Footnotes (1)

Each restricted stock unit represents a contingent right to receive one share of OSPN common stock. The restricted stock units vest over three years starting on March 30, 2026, with one-third of the shares vesting on March 30, 2027 and one-sixth of the shares vesting every six months thereafter.

Key Figures

RSU grant size: 93,412 units Underlying shares: 93,412 shares Grant transaction price: $0.0000 per unit +2 more

5 metrics

RSU grant size 93,412 units Restricted stock unit grant reported for Victor Limongelli

Underlying shares 93,412 shares Each RSU represents one share of OneSpan common stock

Grant transaction price $0.0000 per unit Compensation award, not an open-market purchase

Vesting start date March 30, 2026 Three-year vesting period begins on this date

First major vesting date March 30, 2027 One-third of RSUs vest on this date

Key Terms

Restricted Stock Units, contingent right, vest over three years, vesting

4 terms

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.

contingent right financial

"represents a contingent right to receive one share of OSPN common stock"

vest over three years financial

"The restricted stock units vest over three years starting on March 30, 2026"

vesting financial

"with one-third of the shares vesting on March 30, 2027"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Form 4 Insider Transactions: What Each Field Means →

04/01/2026 - 04:59 PM

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^*

Limongelli Victor

(Last)

(First)

(Middle)

C/O ONESPAN INC.

1 MARINA PARK DRIVE, UNIT 1410

(Street)

BOSTON

MASSACHUSETTS

01220

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/30/2026

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

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	$0⁽¹⁾	03/30/2026		A		93,412		⁽²⁾	⁽²⁾	Common Stock	93,412	$0⁽¹⁾	93,412	D

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 March 30, 2026, with one-third of the shares vesting on March 30, 2027 and one-sixth of the shares vesting every six months thereafter.

	/s/ Lara Mataac, Attorney-in-Fact	04/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did OneSpan (OSPN) report for Victor Limongelli?

OneSpan reported that CEO and President Victor Limongelli received 93,412 restricted stock units as a grant. Each unit represents a contingent right to receive one share of OneSpan common stock, aligning his compensation with future company performance and service.

How many OneSpan (OSPN) restricted stock units were granted to the CEO?

Victor Limongelli was granted 93,412 restricted stock units linked to OneSpan common stock. This entire amount reflects a single award, with all units reported as directly owned following the transaction, making it a meaningful component of his equity-based compensation.

When do Victor Limongelli’s OneSpan (OSPN) restricted stock units start vesting?

The restricted stock units start vesting over three years beginning March 30, 2026. This means no portion vests before that date, emphasizing long-term retention and performance alignment as a condition for realizing the full value of the award.

What is the vesting schedule for Victor Limongelli’s OneSpan (OSPN) RSU grant?

One-third of the restricted stock units vest on March 30, 2027, with one-sixth vesting every six months thereafter. This staggered schedule gradually delivers shares over three years, encouraging ongoing leadership stability and sustained engagement with OneSpan’s long-term goals.