O'Hara John Charles 4

What Happened

• John Charles O'Hara, CFO of SEALSQ Corp (ticker: LAES), disposed of 30,000 common shares in three open-market sales on April 7–9, 2026. The trades were: 10,000 shares at $2.14 (≈ $21,382) on Apr 7; 10,000 shares at $2.20 (≈ $21,984) on Apr 8; and 10,000 shares at $2.08 (≈ $20,820) on Apr 9, for total proceeds of about $64,186. These were sales (not purchases) and are generally considered routine insider selling.

Key Details

• Transaction dates and proceeds:
  • 2026-04-07: 10,000 shares @ $2.14 = $21,382
  • 2026-04-08: 10,000 shares @ $2.20 = $21,984
  • 2026-04-09: 10,000 shares @ $2.08 = $20,820
• Total shares sold: 30,000; approximate total proceeds: $64,186.
• Shares owned after the transactions: not specified in the supplied filing details.
• Footnotes of note:
  • F1: Sales were executed pursuant to a Rule 10b5‑1 trading plan adopted by the reporting person on Oct 17, 2025 (pre‑arranged plan).
  • F2–F4: The reported prices are weighted averages; the filing gives ranges for actual trade prices (F2: $2.11–$2.31; F3: $2.13–$2.41; F4: $2.025–$2.12) and offers to provide per‑trade price breakdown upon request.
• Filing timeliness: Form 4 filed Apr 9, 2026 reporting trades on Apr 7–9; the filing appears to have been made within the usual 2‑business‑day window.

Context

• These sales were executed under a 10b5‑1 plan, which typically means trades were pre-scheduled and may not reflect the insider's current view of the company. Sales are common for executives for diversification/tax purposes; purchases are generally viewed as a stronger signal of insider conviction.