Form 4: SEALSQ President Sells Shares
Insider Transaction (Form 4)
Jean-Pierre Enguent, Vice President, R&DSS of SEALSQ Corp, sold 35,000 shares of common stock on October 5, 2026 for $2.46 per share.
Summary
- Option exercise/conversion: acquired 35,000 Ordinary Shares at $0.01 ($350) on October 5, 2026; holds 35,000 after (Direct).
- Open-market sale: disposed of 35,000 Ordinary Shares at $2.46 ($85,936) on October 6, 2026 (Direct).
- Grant/award: acquired 50,000 Employee Stock Option Plan (right to buy) on October 5, 2026; holds 50,000 after (Direct).
- Option exercise/conversion: disposed of 35,000 Employee Stock Option Plan (right to buy) on October 5, 2026; holds 15,000 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $85,936 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Jean-Pierre Enguent — Officer (Vice President, R&DSS)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-10-05 | Option exercise/conversion | Ordinary Shares | 35,000 | $0 | $350 | 35,000 |
| 2026-10-06 | Open-market sale | Ordinary Shares | 35,000 | $2 | $85.9K | 0 |
| 2026-10-05 | Grant/award | Employee Stock Option Plan (right to buy) | 50,000 | — | — | 50,000 |
| 2026-10-05 | Option exercise/conversion | Employee Stock Option Plan (right to buy) | 35,000 | — | — | 15,000 |
Key Dates
| Date | Description |
|---|---|
| 2026-10-05 | Option exercise/conversion (35,000 shares) |
| 2026-10-06 | Open-market sale (35,000 shares) |
| 2026-10-05 | Grant/award (50,000 shares) |
| 2026-10-05 | Option exercise/conversion (35,000 shares) |
Keywords
insider transaction, Form 4, LAES, SEALSQ Corp, bearish, Jean-Pierre Enguent
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