O'Hara John Charles 4

What Happened

• John Charles O'Hara, Chief Financial Officer of SEALSQ Corp (ticker: LAES), sold a total of 20,000 shares in open-market transactions. He sold 10,000 shares on 2026-04-02 for a weighted average price of $2.45 (proceeds $24,532) and 10,000 shares on 2026-04-06 for a weighted average price of $2.42 (proceeds $24,173), for combined proceeds of $48,705. These were sales (not purchases), often considered routine insider liquidity rather than a direct signal of company prospects.

Key Details

• Transaction dates and reported weighted-average prices:
  • 2026-04-02 — 10,000 shares @ $2.45 (weighted avg); proceeds $24,532. (Price range reported: $2.33–$2.51.)
  • 2026-04-06 — 10,000 shares @ $2.42 (weighted avg); proceeds $24,173. (Price range reported: $2.3625–$2.52.)
• Total shares sold: 20,000; total proceeds: $48,705.
• Shares owned after the transactions: not disclosed on this Form 4.
• Notable footnotes:
  • Sales were executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. O'Hara on October 17, 2025 (automated plan).
  • The reported prices are weighted averages; the filer will provide a per-price breakdown on request.
• Filing/timeliness: Form 4 was filed on 2026-04-06 covering the 2026-04-02 transaction; this appears to have been filed within the standard two-business-day window.

Context

• Sales done under a 10b5-1 plan are pre-arranged and often reflect scheduled liquidity rather than a contemporaneous view on the company. For retail investors, purchases by insiders tend to carry more direct informational weight; sales can be routine or for personal reasons and should not be interpreted alone as a signal of company outlook.