SEALSQ VP exercises options for 15,000 shares
SEALSQ Corp Vice President, R&DSS Jean-Pierre Enguent exercised employee stock options to acquire 15,000 Ordinary Shares.
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Form Type
4
Rhea-AI Filing Summary
SEALSQ Corp Vice President, R&DSS Jean-Pierre Enguent exercised employee stock options to acquire 15,000 Ordinary Shares. On May 4, 2026, he exercised options with a conversion price of $0.01 per share under an Employee Stock Option Plan. Following the transaction, he directly holds 15,000 Ordinary Shares. The filing notes the option exercise was carried out under a Rule 10b5-1 trading plan adopted on October 13, 2025, indicating the transaction was pre-scheduled.
Insider Trade Summary 10b5-1
15,000 shares exercised/converted
Exercise
2 txns
Insider
Enguent Jean-Pierre
Role
Vice President, R&DSS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option Plan (right to buy) | 15,000 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 15,000 | $0.01 | $150.00 |
Holdings After Transaction:
Employee Stock Option Plan (right to buy) — 15,000 contracts (Direct);
Ordinary Shares — 15,000 shares (Direct)
Footnotes (1)
- F1. The option exercise reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 13, 2025.
Key Figures
Options exercised: 15,000 shares
Exercise price: $0.01 per share
Shares held after transaction: 15,000 Ordinary Shares
+3 more
6 metrics
Options exercised
15,000 shares
Employee Stock Option Plan exercised on May 4, 2026
Exercise price
$0.01 per share
Conversion or exercise price for 15,000 options
Shares held after transaction
15,000 Ordinary Shares
Direct ownership following May 4, 2026 exercise
Underlying security
15,000 Ordinary Shares
Underlying shares for exercised Employee Stock Option Plan
Option expiration date
April 30, 2032
Expiration date of exercised employee stock options
10b5-1 plan adoption
October 13, 2025
Date Rule 10b5-1 trading plan was adopted
Key Terms
Rule 10b5-1 trading plan, Employee Stock Option Plan, derivative security, Ordinary Shares
4 terms
Rule 10b5-1 trading plan regulatory
"The option exercise reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Employee Stock Option Plan financial
"Employee Stock Option Plan (right to buy) linked to 15,000 Ordinary Shares..."
derivative security financial
"transaction_action is derivative exercise/conversion and transaction_code_description is Exercise or conversion of derivative security..."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SEALSQ (LAES) report for Jean-Pierre Enguent?
SEALSQ Vice President, R&DSS Jean-Pierre Enguent exercised employee stock options to acquire 15,000 Ordinary Shares at $0.01 per share. The transaction occurred on May 4, 2026 and was executed under an Employee Stock Option Plan pursuant to a Rule 10b5-1 trading plan.
What was the exercise price of the SEALSQ (LAES) options used by Jean-Pierre Enguent?
The employee stock options exercised by Jean-Pierre Enguent had a conversion or exercise price of $0.01 per share. Exercising these options on May 4, 2026 allowed him to acquire 15,000 Ordinary Shares of SEALSQ under the company’s Employee Stock Option Plan.
What type of securities did Jean-Pierre Enguent exercise in SEALSQ (LAES)?
Jean-Pierre Enguent exercised derivative securities classified as an Employee Stock Option Plan (right to buy) linked to 15,000 Ordinary Shares. This Form 4 records the option exercise as a derivative exercise or conversion, resulting in ownership of 15,000 Ordinary Shares directly in his name.
Was the SEALSQ (LAES) option exercise by Jean-Pierre Enguent under a Rule 10b5-1 plan?
Yes. The Form 4 footnote states the option exercise was effected pursuant to a Rule 10b5-1 trading plan adopted by Jean-Pierre Enguent on October 13, 2025. Such plans pre-schedule trades, indicating the timing of this May 4, 2026 exercise was predetermined rather than discretionary.
When do the SEALSQ (LAES) employee stock options exercised by Jean-Pierre Enguent expire?
The employee stock options exercised by Jean-Pierre Enguent carry an expiration date of April 30, 2032. He exercised 15,000 options on May 4, 2026 at a conversion price of $0.01 per share, converting them into 15,000 Ordinary Shares under SEALSQ’s Employee Stock Option Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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