[SCHEDULE 13G] OneSpan Inc. SEC Filing

Rhea-AI Filing Summary

Ameriprise Financial, Inc. filed a Schedule 13G reporting ownership of 2,030,571 shares of OneSpan Inc., representing 5.3% of the company’s common stock. The filing shows 0 shares with sole voting power, 2,029,804 shares with shared voting power, 0 shares with sole dispositive power, and 2,030,571 shares with shared dispositive power.

The statement includes a certification that the securities were acquired and are held in the ordinary course of business. The reporting person (Ameriprise Financial, Inc.) also disclaims beneficial ownership of the reported shares while providing the specified voting and dispositive power figures.

Positive

• Disclosure of a material stake: Reporting of 2,030,571 shares (5.3%) increases transparency about major holders
• Clear voting/dispositive breakdown: Filing specifies 2,029,804 shared voting power and 2,030,571 shared dispositive power

Negative

• None.

Insights

Securities Analyst

TL;DR Ameriprise reports a >5% position in OneSpan with entirely shared voting and dispositive powers; no sole control is claimed.

Ameriprise discloses ownership of 2,030,571 shares, equal to 5.3% of the outstanding common stock, with nearly all authority recorded as shared voting (2,029,804) and shared dispositive power (2,030,571), while sole voting and dispositive powers are 0. From a securities analysis perspective, this is a material holder disclosure that clarifies the nature of Ameriprise’s position without asserting unilateral control.

Corporate Governance Expert

TL;DR The filing documents a significant passive stake with shared authorities and an explicit disclaimer of beneficial ownership.

The filing indicates Ameriprise recorded shared voting and dispositive powers for the reported shares and included the required certification about ordinary-course holdings. The reporting person also disclaims beneficial ownership. For governance review, the filing documents the holder’s relationship to voting and disposition but does not claim sole control over the issuer’s securities.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

OneSpan Inc

(Name of Issuer)

Common Stock

(Title of Class of Securities)

68287N100

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 68287N100

1

Names of Reporting Persons

Ameriprise Financial, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,029,804.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,030,571.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,030,571.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.3 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: OneSpan Inc
(b)	Address of issuer's principal executive offices: 1 Marina Park Drive, Unit 1410, Boston, MA, 02210
Item 2.
(a)	Name of person filing: Ameriprise Financial, Inc. ("AFI")
(b)	Address or principal business office or, if none, residence: 145 Ameriprise Financial Center, Minneapolis, MN 55474
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 68287N100
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: Incorporated by reference to Items (5)-(9) and (11) of the cover page pertaining to the reporting person. AFI disclaims beneficial ownership of any shares reported on this Schedule.
(b)	Percent of class: The information required by Item 4(b) is set forth in Rows (5)-(9) and (11) of the cover page for the Reporting Person hereto and is incorporated herein by reference for the Reporting Person.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: The information required by Item 4(c) is set forth in Rows (5)-(9) and (11) of the cover page for the Reporting Person hereto and is incorporated herein by reference for the Reporting Person.
	(ii) Shared power to vote or to direct the vote: The information required by Item 4(c) is set forth in Rows (5)-(9) and (11) of the cover page for the Reporting Person hereto and is incorporated herein by reference for the Reporting Person.
	(iii) Sole power to dispose or to direct the disposition of: The information required by Item 4(c) is set forth in Rows (5)-(9) and (11) of the cover page for the Reporting Person hereto and is incorporated herein by reference for the Reporting Person.
	(iv) Shared power to dispose or to direct the disposition of: The information required by Item 4(c) is set forth in Rows (5)-(9) and (11) of the cover page for the Reporting Person hereto and is incorporated herein by reference for the Reporting Person.
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Ameriprise Financial, Inc.

Signature:	/s/ Michael G. Clarke
Name/Title:	Michael G. Clarke, Senior Vice President, North America Head of Operations & Investor Services
Date:	08/14/2025

Comments accompanying signature: Contact Information Charles Chiesa VP Fund Treasurer Global Operations and Investor Services Telephone: 617-385-9593

FAQ

How many OneSpan (OSPN) shares does Ameriprise report owning?

Ameriprise Financial reports owning 2,030,571 shares of OneSpan common stock.

What percentage of OneSpan does Ameriprise’s holding represent?

The filing states the holding represents 5.3% of OneSpan’s common stock.

Does Ameriprise claim sole voting or dispositive power over these shares?

No; the filing shows 0 shares with sole voting power and 0 shares with sole dispositive power.

How many shares are listed with shared voting and dispositive power?

The filing lists 2,029,804 shares with shared voting power and 2,030,571 shares with shared dispositive power.

Does Ameriprise assert beneficial ownership of the shares in this filing?

The filing states that Ameriprise disclaims beneficial ownership of the shares reported on the Schedule 13G.