Ashish Jain - 03 Mar 2026 Form 4 Insider Report for OneSpan Inc. (OSPN)

Role: Chief Technology Officer
Signature: /s/ Lara Mataac, Attorney-in-Fact
Issuer symbol: OSPN
Transactions as of: 03 Mar 2026
Net transactions value: $0
Form type: 4
Filing time: 04 Mar 2026, 17:07:28 UTC
Previous filing: 20 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Jain Ashish	Chief Technology Officer	C/O ONESPAN, 1 MARINA PARK DRIVE, UNIT 1410, BOSTON	/s/ Lara Mataac, Attorney-in-Fact	04 Mar 2026	0002048377

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OSPN	Common Stock	Options Exercise		+10,642	+175%	$0.000000^*	16,714	03 Mar 2026	Direct	F1
transaction	OSPN	Common Stock	Tax liability		-4,339	-26%	$10.47^*	12,375	03 Mar 2026	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		-10,642	-33%	$0.000000^*	21,285	03 Mar 2026	Common Stock	10,642	$0.000000	Direct	F1, F2

* 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 March 3, 2025, 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 2025. On February 17, 2026, the registrant's Compensation Committee determined that the reporting person had earned 31,927 PSUs based on the 2025 financial metrics. 1/3 of the earned PSUs vested on March 3, 2026. The remaining earned PSUs will vest in approximately equal installments on December 31, 2026 and December 31, 2027, assuming the reporting person continues to be employed by the registrant on the applicable vesting date.

Content

Each restricted stock unit represents a contingent right to receive one share of OSPN common stock.

On March 3, 2025, 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 2025. On February 17, 2026, the registrant's Compensation Committee determined that the reporting person had earned 31,927 PSUs based on the 2025 financial metrics. 1/3 of the earned PSUs vested on March 3, 2026. The remaining earned PSUs will vest in approximately equal installments on December 31, 2026 and December 31, 2027, assuming the reporting person continues to be employed by the registrant on the applicable vesting date.