Sequans Communications (SQNS) EVP Lin discloses vested-share baseline

Rhea-AI Filing Summary

SEQUANS COMMUNICATIONS EVP Product Management Chuang Ping Lin has filed an initial statement of beneficial ownership. The filing reports direct ownership of 665,092 ordinary shares and American Depositary Shares representing an additional 544,900 underlying ordinary shares, with all reported shares subject to vesting. Each American Depositary Share represents 100 ordinary shares and, as disclosed, does not have an exercise date, exercise price or expiration date.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Chuang Ping Lin

(Last) (First) (Middle)

15-55 BOULEVARD CHARLES DE GAULLE

(Street)

COLOMBES 92700

(City) (State) (Zip)

FRANCE

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/24/2026

3. Issuer Name and Ticker or Trading Symbol
SEQUANS COMMUNICATIONS [ SQNS ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP Product Management

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares	665,092(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
American Depositary Share(2)	(3)	(3)	Ordinary Shares	544,900	(3)	D

Explanation of Responses:

1. All shares subject to vesting

2. Each American Depositary Share represents 100 ordinary shares

3. American Depositary Shares do not have an exercise date, exercise price nor expiration date

Remarks:

	/s/Muriel Murat, Attorney-in-Fact for Chuang Ping Lin	03/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the Chuang Ping Lin Form 3 filing for SEQUANS COMMUNICATIONS (SQNS) show?

The Form 3 shows EVP Product Management Chuang Ping Lin’s initial beneficial ownership in SEQUANS COMMUNICATIONS, including ordinary shares and American Depositary Shares, all subject to vesting, establishing a baseline of his equity position as an executive.

How many SEQUANS COMMUNICATIONS ordinary shares does Chuang Ping Lin report owning?

Chuang Ping Lin reports direct beneficial ownership of 665,092 ordinary shares of SEQUANS COMMUNICATIONS. This figure reflects his equity stake in the company’s ordinary shares as of the date of the initial ownership report.

What American Depositary Share holdings are reported for SQNS by Chuang Ping Lin?

The filing reports American Depositary Shares representing 544,900 underlying ordinary shares of SEQUANS COMMUNICATIONS. These ADS holdings are disclosed as subject to vesting conditions, aligning them with the company’s equity compensation structure.

What is the relationship between SEQUANS ADS and ordinary shares in this filing?

Each American Depositary Share of SEQUANS COMMUNICATIONS represents 100 ordinary shares. The filing also notes that these ADS do not have an exercise date, exercise price or expiration date, distinguishing them from traditional stock options or warrants.

Are the SEQUANS COMMUNICATIONS shares reported by Chuang Ping Lin fully vested?

The filing specifies that all reported shares are subject to vesting. This means Chuang Ping Lin’s ability to fully own or dispose of these SEQUANS COMMUNICATIONS securities depends on meeting the vesting conditions over time.