O'Hara John Charles 4
4 · SEALSQ Corp · Filed Apr 22, 2026
Research Summary
AI-generated summary of this filing
SEALSQ (LAES) CFO John O'Hara Sells 20,000 Shares
What Happened
John O'Hara, CFO of SEALSQ Corp (ticker: LAES), sold a total of 20,000 shares in two open-market transactions on April 20–21, 2026, for aggregate proceeds of about $58,257. On April 20 he sold 10,000 shares at a weighted average price of $2.79 ($27,879); on April 21 he sold 10,000 shares at a weighted average price of $3.04 ($30,378). These were sales (not purchases) and are typically routine insider liquidity events rather than a direct bullish signal.
Key Details
- Transaction dates and prices:
- 2026-04-20: 10,000 shares sold, weighted avg price $2.79 (price range reported: $2.64–$2.95), proceeds $27,879. (Footnote F2)
- 2026-04-21: 10,000 shares sold, weighted avg price $3.04 (price range reported: $2.95–$3.22), proceeds $30,378. (Footnote F3)
- Total shares sold: 20,000; total proceeds: approx. $58,257.
- Plan/authorization: Sales were made under a Rule 10b5-1 trading plan adopted Oct 17, 2025 (Footnote F1).
- Shares owned after the transactions: not specified in the provided filing details.
- Filing: Form 4 filed Apr 22, 2026 reporting trades on Apr 20–21 — appears timely under standard Form 4 deadlines.
Context
A 10b5-1 trading plan lets insiders sell shares according to a pre-set schedule and is commonly used to avoid accusations of opportunistic trading. Such planned sales do not necessarily reflect a change in the insider’s view of the company. For retail investors, purchases typically carry more informational weight than routine, pre-planned sales.
Insider Transaction Report
- Sale
Ordinary Shares
[F1][F2]2026-04-20$2.79/sh−10,000$27,879→ 316,095 total - Sale
Ordinary Shares
[F1][F3]2026-04-21$3.04/sh−10,000$30,378→ 306,095 total
Footnotes (3)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 17, 2025.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.64 to $2.95, inclusive. The reporting person undertakes to provide to SEALSQ Corp, any security holder of SEALSQ Corp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.95 to $3.22, inclusive. The reporting person undertakes to provide to SEALSQ Corp, any security holder of SEALSQ Corp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.