O'Hara John Charles 4

What Happened
John Charles O'Hara, Chief Financial Officer of SEALSQ Corp (ticker: LAES), sold a total of 30,000 shares in three open-market transactions: 10,000 shares on 2026-03-23 at a weighted avg price of $2.99 ($29,892), 10,000 shares on 2026-03-24 at $2.90 ($28,996), and 10,000 shares on 2026-03-25 at $2.92 ($29,247). The combined proceeds from these sales totaled approximately $88,135. These were sales (not purchases), typically viewed as routine dispositions rather than a bullish signal.

Key Details

• Transaction dates and weighted-average prices:
  • 2026-03-23: 10,000 shares @ $2.99 (total $29,892). Price range reported: $2.94–$3.06. (Footnote F2)
  • 2026-03-24: 10,000 shares @ $2.90 (total $28,996). Price range reported: $2.84–$2.96. (Footnote F3)
  • 2026-03-25: 10,000 shares @ $2.92 (total $29,247). Price range reported: $2.86–$3.01. (Footnote F4)
• The sales were reported on Form 4 filed 2026-03-25; transactions occurred 2026-03-23–03-25 (filing appears within the usual Form 4 reporting window).
• Footnote F1: Sales were effected under a Rule 10b5-1 trading plan adopted by O'Hara on October 17, 2025 (pre-arranged plan).
• The filing provides weighted-average prices; the reporting person offers to disclose the number of shares sold at each specific price within the noted ranges upon request.
• Shares owned after the transactions are not included in the supplied excerpt of the filing — check the full Form 4 for post-transaction holdings.

Context

• These sales were executed under a pre-established 10b5-1 plan, which generally allows insiders to sell shares according to a schedule and can reduce the implication that sales were timed based on nonpublic information.
• For retail investors, purchases tend to be a stronger signal of insider optimism; routine sales under 10b5-1 plans are common and may be for personal liquidity or diversification.