Victor Limongelli - 31 Jul 2025 Form 4 Insider Report for OneSpan Inc. (OSPN)

Role
CEO and President
Signature
Lara Mataac, Attorney in Fact
Issuer symbol
OSPN
Transactions as of
31 Jul 2025
Net transactions value
-$998,678
Form type
4
Filing time
04 Aug 2025, 16:57:42 UTC
Previous filing
06 Mar 2025
Next filing
05 Jan 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Limongelli Victor CEO and President 1 MARINA PARK DRIVE, UNIT 1410, BOSTON Lara Mataac, Attorney in Fact 04 Aug 2025 0001383360

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSPN Common Stock Options Exercise +33,333 33,333 31 Jul 2025 Direct F1
transaction OSPN Common Stock Tax liability $249,673 -16,927 -51% $14.75 16,406 31 Jul 2025 Direct
transaction OSPN Common Stock Options Exercise +100,000 +610% 116,406 31 Jul 2025 Direct F1
transaction OSPN Common Stock Tax liability $749,005 -50,780 -44% $14.75 65,626 31 Jul 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OSPN Restricted Stock Units Options Exercise $0 -33,333 -33% $0.000000 66,667 31 Jul 2025 Common Stock 33,333 $0.000000 Direct F1, F2
transaction OSPN Restricted Stock Units (Performance Based) Options Exercise $0 -100,000 -33% $0.000000 200,000 31 Jul 2025 Common Stock 100,000 $0.000000 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of OSPN common stock.
F2 The restricted stock units vest in three approximately equal installments on July 31, 2025, January 4, 2026, and January 4, 2027, subject to the reporting person's continued employment.
F3 The performance-based restricted stock units vest upon the registrant's common stock achieving designated levels of 45 trading day volume weighted average share price.