SEALSQ Corp (LAES) VP sells 15,000 shares after exercising options
Rhea-AI Filing Summary
SEALSQ Corp Vice President Jean-Pierre Enguent exercised employee stock options for 15,000 Ordinary Shares at $0.01 per share on 2026-08-03, then on 2026-08-05 sold 15,000 Ordinary Shares at a weighted-average price of $2.4571 per share, with both transactions effected under a Rule 10b5-1 trading plan adopted on October 13, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Enguent Jean-Pierre
Role
Vice President, R&DSS
Sold
15,000 shs ($37K)
Approx. gross sale proceeds
$37K
Approx. exercise cost
$150.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1, F2 | 15,000 | $2.4571 | $37K |
| Exercise | Employee Stock Option Plan (right to buy) F3 | 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 shares (Direct);
Ordinary Shares — 0 shares (Direct)
Footnotes (3)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 13, 2025.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.4313 to $2.51, 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.
- F3. 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
Ordinary Shares sold: 15,000 shares
Weighted-average sale price: $2.4571 per share
Shares acquired on option exercise: 15,000 shares
+3 more
6 metrics
Ordinary Shares sold
15,000 shares
Sale of Ordinary Shares on 2026-08-05 by Vice President Jean-Pierre Enguent
Weighted-average sale price
$2.4571 per share
Weighted-average price for 15,000 Ordinary Shares sold, with trades from $2.4313 to $2.51
Shares acquired on option exercise
15,000 shares
Ordinary Shares received upon option exercise on 2026-08-03
Option exercise price
$0.01 per share
Exercise price for Employee Stock Option Plan (right to buy) underlying 15,000 Ordinary Shares
Option expiration date
2032-04-30
Expiration date of the Employee Stock Option Plan (right to buy)
Net buy/sell shares
15,000 shares
Net buy/sell activity reported as net-sell in the transaction summary for this Form 4
Key Terms
Rule 10b5-1 trading plan, weighted average price, Employee Stock Option Plan, underlying security
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Employee Stock Option Plan financial
"Employee Stock Option Plan (right to buy)"
underlying security financial
"underlying security title: Ordinary Shares, underlying security shares: 15000.0000"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did SEALSQ (LAES) report for Jean-Pierre Enguent?
Jean-Pierre Enguent executed two related transactions: he exercised employee stock options for 15,000 Ordinary Shares at $0.01 per share on 2026-08-03, then sold 15,000 Ordinary Shares on 2026-08-05 at a weighted-average price of $2.4571 per share.
What stock options did Jean-Pierre Enguent exercise in SEALSQ (LAES)?
Enguent exercised an Employee Stock Option Plan grant covering 15,000 shares with an exercise price of $0.01 per share. The derivative security related to Ordinary Shares and carried an expiration date of 2032-04-30, according to the Form 4 data.
Were the SEALSQ (LAES) insider transactions made under a Rule 10b5-1 plan?
Yes. Footnotes state both the sale of 15,000 Ordinary Shares and the option exercise for 15,000 shares were effected under a Rule 10b5-1 trading plan adopted by Jean-Pierre Enguent on October 13, 2025.
What does the transaction summary show for SEALSQ (LAES) in this Form 4?
The transaction summary reports 0 shares bought, 15,000 shares sold, and 15,000 shares exercised from derivatives, resulting in net buy/sell activity of −15,000 shares labeled as “net-sell” direction for this reporting period.