Lara Mataac - 31 Dec 2025 Form 4 Insider Report for OneSpan Inc. (OSPN)

Signature
/s/ Lara Mataac
Issuer symbol
OSPN
Transactions as of
31 Dec 2025
Net transactions value
-$44,889
Form type
4
Filing time
02 Jan 2026, 16:39:33 UTC
Previous filing
17 Nov 2025
Next filing
20 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Mataac Lara General Counsel 1 MARINA PARK DRIVE, UNIT 1410, BOSTON /s/ Lara Mataac 02 Jan 2026 0001935707

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSPN Common Stock Options Exercise $0 +3,417 +5.6% $0.000000 64,906 31 Dec 2025 Direct F1
transaction OSPN Common Stock Tax liability $12,879 -1,003 -1.5% $12.84 63,903 31 Dec 2025 Direct
transaction OSPN Common Stock Options Exercise $0 +8,492 +13% $0.000000 72,395 31 Dec 2025 Direct F1
transaction OSPN Common Stock Tax liability $32,010 -2,493 -3.4% $12.84 69,902 31 Dec 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 Unit Options Exercise $0 -3,417 -100% $0.000000 0 31 Dec 2025 Common Stock 3,417 $0.000000 Direct F1, F2
transaction OSPN Restricted Stock Unit Options Exercise $0 -8,492 -50% $0.000000 8,492 31 Dec 2025 Common Stock 8,492 $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 On February 23, 2023, the reporting person was granted performance stock units (PSUs) that were eligible to be earned based upon the registrant's achievement of specified financial metrics for 2023. On February 19, 2024, the registrant's Compensation Committee determined the number of PSUs earned by the reporting person based upon the 2023 financial metrics. Effective on February 19, 2024, one-third of the earned PSUs were deemed vested on December 31, 2023 and an additional one-third vested on December 31, 2024. The remaining one-third of the earned PSUs vested on December 31, 2025.
F3 On May 14, 2024, the reporting person was granted performance stock units (PSUs) that were eligible to be earned based upon the registrant's achievement of specified financial metrics for 2024. In February 2025, the registrant's Compensation Committee determined that the reporting person had earned 25,476 PSUs based on the 2024 financial metrics. One-third of the earned PSUs vested on each of May 14, 2025 and December 31, 2025. The remaining one-third of the earned PSUs will vest on December 31, 2026, assuming the reporting person continues to be employed by the registrant on each such date.