OneSpan (OSPN) CTO awarded 43,019 RSUs with three-year vesting plan

Rhea-AI Filing Summary

Jain Ashish reported acquisition or exercise transactions in this Form 4 filing.

OneSpan Inc. CTO Ashish Jain received a grant of 43,019 restricted stock units (RSUs) tied to OneSpan common stock. Each RSU represents the right to receive one share of common stock if vesting conditions are met.

The RSUs vest over three years starting on March 30, 2026. One-third of the award vests on March 30, 2027, and one-sixth of the award vests every six months thereafter until fully vested. Following this grant, Jain holds 43,019 RSUs directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Jain Ashish

Role CTO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	43,019	$0.00	--

Holdings After Transaction: Restricted Stock Units — 43,019 shares (Direct)

Footnotes (1)

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

RSUs granted: 43,019 units Underlying common shares: 43,019 shares Grant price: $0.00 per unit +4 more

7 metrics

RSUs granted 43,019 units Grant of restricted stock units to CTO Ashish Jain

Underlying common shares 43,019 shares Each RSU represents one share of common stock

Grant price $0.00 per unit Compensation grant, not an open-market purchase

Vesting start date March 30, 2026 Beginning of three-year vesting period for RSUs

First major vesting One-third on March 30, 2027 Initial vesting milestone for RSU award

Subsequent vesting pattern One-sixth every six months Remaining RSUs vest semiannually after March 30, 2027

Holdings after grant 43,019 RSUs Total restricted stock units held following reported transaction

Key Terms

Restricted Stock Units, contingent right, vesting, Form 4

4 terms

Restricted Stock Units financial

"Ashish Jain received a grant of 43,019 restricted stock units (RSUs)"

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

"Each restricted stock unit represents a contingent right to receive one share"

vesting financial

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

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 regulatory

"Ashish Jain reported receiving a grant of 43,019 restricted stock units in this Form 4"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

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^*

Jain Ashish

(Last) (First) (Middle)

C/O ONESPAN

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)

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

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)
			Code	V	Amount	(A) or (D)	Price

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 Units	$0(1)	03/30/2026		A		43,019		(2)	(2)	Common Stock	43,019	$0(1)	43,019	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)

FAQ

What did OneSpan (OSPN) CTO Ashish Jain report in this Form 4 filing?

Ashish Jain reported receiving a grant of 43,019 restricted stock units as equity compensation. Each RSU represents a right to one share of OneSpan common stock, subject to a multi-year vesting schedule beginning in March 2026 and extending over three years.

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

The CTO received 43,019 restricted stock units. These units are a form of equity compensation that convert into common shares only as they vest over time, aligning the executive’s interests with long-term company performance and encouraging retention through a staged vesting schedule.

When do Ashish Jain’s OneSpan (OSPN) RSUs start vesting and over what period?

The RSUs begin vesting on March 30, 2026, and vest over three years. One-third of the grant vests on March 30, 2027, with the remaining two-thirds vesting in equal one-sixth increments every six months thereafter, providing a gradual release of shares.

What does each restricted stock unit represent in this OneSpan (OSPN) Form 4?

Each restricted stock unit represents a contingent right to receive one share of OneSpan common stock. The right becomes actual share ownership only as vesting conditions are satisfied over the three-year schedule described, meaning no purchase price is paid for the units themselves.

Is Ashish Jain’s RSU grant an open-market purchase of OneSpan (OSPN) shares?

No, the RSU grant is not an open-market purchase. It is a compensation-related award with a reported price per unit of $0.00, meaning the CTO did not buy shares in the market but was granted rights to receive shares as they vest over time.