SEALSQ Corp (NASDAQ: LAES) CEO Moreira sells 17,005 shares in pre-set 10b5-1 trades
Rhea-AI Filing Summary
SEALSQ Corp Chief Executive Officer Carlos Moreira reported open-market sales of company stock. On June 2, 2026, he sold 10,000 Ordinary Shares at a weighted average price of $3.6905 per share. On June 3, 2026, he sold an additional 7,005 Ordinary Shares at a weighted average price of $3.5324 per share.
Both transactions were executed as open-market sales under a Rule 10b5-1 trading plan adopted on October 12, 2025. After these sales, Moreira directly holds 696,515 Ordinary Shares of SEALSQ Corp, indicating he continues to maintain a substantial ownership stake while realizing some liquidity through pre-planned trades.
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Insights
CEO executes pre-planned sales of a modest portion of holdings.
SEALSQ Corp CEO Carlos Moreira sold a total of 17,005 Ordinary Shares across two days at weighted average prices of $3.6905 and $3.5324. These are open-market sales and represent net selling activity in the period covered.
The filing notes the trades were made under a Rule 10b5-1 trading plan adopted on October 12, 2025. Such plans are typically established in advance, which makes the timing of the sales more mechanical and less reflective of short-term views on the stock.
Following these transactions, Moreira directly holds 696,515 Ordinary Shares, indicating he retains a significant equity position. As a result, the activity appears to be routine portfolio and liquidity management rather than a transformative change in insider ownership.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 7,005 | $3.5324 | $25K |
| Sale | Ordinary Shares | 10,000 | $3.6905 | $37K |
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 12, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.56 to $3.78, inclusive. The reporting person undertakes to provide to SEALSQ Corp, any security holder of SEALSQ Corp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.50 to $3.61, inclusive. The reporting person undertakes to provide to SEALSQ Corp, any security holder of SEALSQ Corp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.