Form 4: OneSpan Inc. Director Marc Zenner Reports Stock Transaction

Director Marc Zenner reports the vesting and acquisition of 12,914 shares of OneSpan Inc. common stock on January 9, 2025, through the vesting of restricted stock units.

Summary

• On January 9, 2025, Marc Zenner, a director of OneSpan Inc., acquired 12,914 shares of common stock.
• This acquisition resulted from the vesting of restricted stock units (RSUs).
• The price per share for the RSUs was $0.00.
• Following the transaction, Zenner directly owns 69,073 shares of OneSpan Inc.
• The vested shares will be delivered upon cessation of service on the Board or a change in control of the issuer.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard disclosure of stock transactions by a company director.

Positives

• The vesting of RSUs indicates a continued alignment of the director's interests with those of the shareholders.

Future Outlook

The shares underlying the deferred restricted stock units will be delivered to the reporting person on the earlier to occur of the reporting person's cessation of service on the issuer's Board of Directors or a change in control of the issuer.

Industry Context

This filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding the director's holdings.

Key Dates