OneSpan Inc. — Director's Dealing 2025

May 15, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OneSpan Inc. (OSPN)
CIK: 0001044777
Period of Report: 2025-05-14

Reporting Person: Mataac Lara (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-05-14	Common Stock	M	8492.00	$0.00	Acquired	57050.00	Direct
2025-05-14	Common Stock	F	2493.00	$16.10	Disposed	54557.00	Direct
2025-05-14	Common Stock	M	2264.00	$0.00	Acquired	56821.00	Direct
2025-05-14	Common Stock	F	665.00	$16.10	Disposed	56156.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-05-14	Restricted Stock Units	$	M	8492.00	Acquired		Common Stock (8492.00)	Direct
2025-05-14	Restricted Stock Unit	$	M	2264.00	Acquired		Common Stock (2264.00)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of OSPN common stock.

F2: 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. On May 14, 2025, 8,492 of the earned PSUs vested. An additional one-third of the earned PSUs will vest on each of December 31, 2025 and December 31, 2026, assuming the reporting person continues to be employed by the registrant on each such date.

F3: The restricted stock units vest over three years starting on May 14, 2024, with one-third of the shares vesting on May 14, 2025 and one-sixth of the shares vesting every six months thereafter.