[Form 4] OneSpan Inc. Insider Trading Activity

Rhea-AI Filing Summary

OneSpan Inc. (OSPN) reported an insider equity transaction by its General Counsel. On 11/14/2025, the officer exercised 1,132 restricted stock units into common stock at an exercise price of $0, increasing directly held shares to 61,489. In a related transaction the same day, 333 common shares were disposed of at $12.67, typically consistent with tax withholding on vesting. The filing notes that each restricted stock unit converts into one share of common stock and that the units vest over three years starting on May 14, 2024, with one-third vesting on May 14, 2025 and one-sixth vesting every six months thereafter.

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
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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^*

Mataac Lara

(Last) (First) (Middle)

1 MARINA PARK DRIVE

UNIT 1410

(Street)

BOSTON MA 02210

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
11/14/2025

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	11/14/2025		M		1,132	A	$0(1)	61,822	D
Common Stock	11/14/2025		F		333	D	$12.67	61,489	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
Restricted Stock Unit	(1)	11/14/2025		M			1,132	(2)	(2)	Common Stock	1,132	$0(1)	3,398	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 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	11/17/2025
	** 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 insider transaction did OneSpan (OSPN) report in this Form 4?

The General Counsel of OneSpan Inc. (OSPN) reported the vesting and exercise of 1,132 restricted stock units into common stock on 11/14/2025, along with a related share disposal.

How many OneSpan (OSPN) shares did the insider acquire and dispose of?

The insider acquired 1,132 shares of OneSpan common stock at an exercise price of $0 through restricted stock units and disposed of 333 shares at a price of $12.67.

What is the insiders OneSpan (OSPN) share ownership after this transaction?

Following the reported transactions, the General Counsel beneficially owns 61,489 shares of OneSpan common stock in direct ownership.

Who is the reporting person in this OneSpan (OSPN) Form 4 and what is their role?

The reporting person is an officer of OneSpan Inc. serving as General Counsel, and the filing is made as a Form 4 by one reporting person.

What are the vesting terms of the OneSpan (OSPN) restricted stock units in this filing?

The restricted stock units vest over three years starting on May 14, 2024, with one-third vesting on May 14, 2025 and one-sixth vesting every six months thereafter.

How many derivative securities does the insider still hold after the OneSpan (OSPN) Form 4 transaction?

After the reported transaction, the insider beneficially owns 3,398 restricted stock units, each representing a contingent right to receive one share of OneSpan common stock.