SEALSQ Corp (NASDAQ: LAES) VP discloses 30,000-share stock option stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
SEALSQ Corp executive Enguent Jean-Pierre, Vice President of R&DSS, filed an initial ownership report showing a direct holding of employee stock options. These options cover 30,000 ordinary shares at an exercise price of 0.0100 per share and expire on 2032-04-30. This filing records existing derivative holdings rather than a new market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Enguent Jean-Pierre
Role
Vice President, R&DSS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee Stock Option Plan (right to buy) | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option Plan (right to buy) — 30,000 shares (Direct)
Footnotes (1)
FAQ
What does SEALSQ Corp (LAES) report in this Form 3 filing?
The Form 3 shows Vice President of R&DSS Enguent Jean-Pierre holding employee stock options over 30,000 ordinary shares. These derivative holdings are reported as an initial ownership statement, not as a new market transaction or trade.
What is the exercise price of the SEALSQ (LAES) options reported on Form 3?
The employee stock options reported carry an exercise price of 0.0100 per share. This is the price at which Enguent Jean-Pierre can buy SEALSQ ordinary shares under the option plan if he chooses to exercise.
When do Enguent Jean-Pierre’s SEALSQ (LAES) stock options expire?
The reported employee stock options expire on 2032-04-30. This means the right to purchase the underlying SEALSQ ordinary shares at the stated exercise price lasts until that expiration date, assuming other plan conditions are met.
Is the SEALSQ (LAES) Form 3 a buy or sell transaction?
The Form 3 does not report a buy or sell; it records existing holdings. It lists Enguent Jean-Pierre’s direct employee stock options over 30,000 ordinary shares as an initial ownership position rather than a new market trade.