T. Kendall Hunt Amends OneSpan Stake, Holds 1.9M Shares

TL;DR

**Insider T. Kendall Hunt still holds a big chunk of OneSpan, signaling confidence.**

AI Summary

T. Kendall Hunt, a significant insider, filed an amendment (SC 13G/A) on February 7, 2024, disclosing his beneficial ownership in OneSpan Inc. as of December 31, 2023. He now holds 1,738,800 shares with sole voting power and 161,255 shares with shared voting power, totaling 1,900,055 shares. This filing indicates a continued, substantial personal investment by a key individual, which can signal confidence in the company's future to current and prospective shareholders.

Why It Matters

This filing shows that a key insider, T. Kendall Hunt, maintains a significant personal stake in OneSpan, which can be interpreted as a vote of confidence in the company's long-term prospects.

Risk Assessment

Risk Level: low — This filing is an amendment to a passive ownership disclosure and does not indicate any immediate negative risks or significant changes in company control.

Analyst Insight

Investors should note that a key insider, T. Kendall Hunt, continues to hold a substantial position in OneSpan Inc. This indicates ongoing confidence from a person with deep knowledge of the company, which could be a positive signal, but it's an amendment to a passive filing, so no immediate action is necessarily implied beyond continued monitoring.

Key Numbers

• 1,738,800 — Sole Voting Shares (Shares T. Kendall Hunt can vote independently in OneSpan Inc.)
• 161,255 — Shared Voting Shares (Shares T. Kendall Hunt votes in conjunction with others in OneSpan Inc.)
• 1,900,055 — Total Beneficially Owned Shares (Combined shares T. Kendall Hunt beneficially owns in OneSpan Inc.)

Key Players & Entities

• T. Kendall Hunt (person) — Reporting Person, beneficial owner of OneSpan Inc. shares
• OneSpan Inc. (company) — The issuer of the securities being reported on
• 1,738,800 (dollar_amount) — Number of shares with sole voting power held by T. Kendall Hunt
• 161,255 (dollar_amount) — Number of shares with shared voting power held by T. Kendall Hunt
• December 31, 2023 (date) — Date of the event requiring the filing of this statement

Forward-Looking Statements

• T. Kendall Hunt will likely maintain a significant ownership stake in OneSpan Inc. for the foreseeable future. (T. Kendall Hunt) — high confidence, target: 12/31/2024

FAQ

Filing Documents

• d690051dsc13ga.htm (SC 13G/A) — 34KB
• 0001193125-24-026676.txt ( ) — 35KB

From the Filing

SC 13G/A 1 d690051dsc13ga.htm SC 13G/A SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G/A UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 7)* OneSpan Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 68287N900 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the Appropriate Box to Designate the Rule Pursuant to Which this Schedule Is Filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 ( Act ) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes ). 1. Names of Reporting Persons T. Kendall Hunt 2. Check The Appropriate Box if a Member of a Group (See Instructions) (a)(b) 3. SEC Use Only 4. Citizenship or Place of Organization USA Number of Shares Beneficially Owned By Each Reporting Person With 5. Sole Voting Power 1,738,800 6. Shared Voting Power 161,255 7. Sole Dispositive Power 1,738,800 8. Shared Dispositive Power 161,255 9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,900,055 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares 11. Percent of Class Represented By Amount in Row (9) 4.76% (1) 12. Type of Reporting Person (See Instructions) IN (1) Calculated based on 39,887,336 shares of Common Stock outstanding as of November 3, 2023, as reported on the Issuers Form 10-Q, filed on November 8, 2023. Item1(a). Name of Issuer: OneSpan Inc. (the Issuer) Item1(b). Address of the Issuers Principal Executive Offices: 121 W. Wacker Drive, Suite 2050 Chicago, Illinois 60601 Item2(a). Names of Persons Filing: This Schedule 13G/A is being filed by T. Kendall Hunt, referred to herein as the Reporting Person. Item2(b). Address of the Principal Business Office, or if none, Residence: 110 N. Wacker Drive, Mail Code: IL4-110-17-00 Chicago, Illinois 60606 Item2(c). Citizenship: See response to Item 4 on the cover page. Item2(d). Title of Class of Securities: Common Stock Item2(e). CUSIP Number: 68287N900 Item3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a(n): Not Applicable. Item4. (a) Amount beneficially owned: See response to Item 9 on the cover page. (b) Percent of Class: See response to Item 11 on the cover page. (c) Number of shares as to which the Reporting Person has: (i) Sole power to vote or to direct the vote: See response to Item 5 on the cover page. (ii) Shared power to vote or to direct the vote: See response to Item 6 on the cover page. (iii) Sole power to dispose or to direct the disposition of: See response to Item 7 on the cover page. (iv) Shared power to dispose or to direct the disposition of: See response to Item 8 on the cover page. Item5. If this statement is being filed to report the fact that as of the date hereof the Reporting Person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: Item6. Not Applicable. Item7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company: Not Applicable. Item8. Identification and Classification of Members of the Group: Not Applicable. Item9. Notice of Dissolution of Group: Not Applicable. Item10. Certification: Not Applicable. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 7, 2024 /s/ T. Kendall Hunt Name: T. Kendall Hunt

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View this SC 13G/A filing on SEC EDGAR