SEALSQ (LAES) VP discloses initial share and stock option stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
SEALSQ Corp vice president Franck Jean Buonanno has reported his initial equity position in the company. He directly holds 5,000 ordinary shares. In addition, he holds employee stock options over 35,000 ordinary shares, exercisable at $0.01 per share and expiring on April 30, 2032.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Buonanno Franck Jean
Role
Vice-President, Global Sales
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee Stock Option Plan (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option Plan (right to buy) — 35,000 shares (Direct);
Ordinary Shares — 5,000 shares (Direct)
Footnotes (1)
FAQ
What does SEALSQ (LAES) executive Franck Jean Buonanno report on this Form 3?
Franck Jean Buonanno reports his initial ownership in SEALSQ. He discloses direct holdings of 5,000 ordinary shares and employee stock options over 35,000 ordinary shares, giving investors a clear view of his current equity-based stake as an executive.
What stock options does SEALSQ (LAES) executive Franck Jean Buonanno hold?
He holds employee stock options over 35,000 ordinary shares. These options are exercisable at an exercise price of $0.01 per share and are scheduled to expire on April 30, 2032, aligning his incentives with SEALSQ’s long-term performance.
Is there any buy or sell transaction reported for SEALSQ (LAES) in this Form 3?
No buy or sell transactions are reported. The Form 3 functions as an initial statement of beneficial ownership, listing existing ordinary share and stock option positions rather than documenting new market purchases or sales of SEALSQ securities.
What role does Franck Jean Buonanno hold at SEALSQ (LAES)?
He serves as Vice-President, Global Sales at SEALSQ. This senior commercial role means his reported share and option holdings reflect the equity-based incentives of a key operating executive responsible for driving global sales performance at the company.