Debray Bertrand 4/A

What Happened

• Debray Bertrand, Chief of Staff at Sequans Communications (SQNS), received an award of 1,970,000 shares on May 7, 2026. The grant is reported at a $0.00 price (a non‑cash compensation award). The amended Form 4 (filed July 1, 2026) corrects the reported totals following a shareholder meeting on June 30, 2026. The filing also notes that 2,757,500 shares are subject to vesting.

Key Details

• Transaction date and price: 2026-05-07, Award (code A) — 1,970,000 shares at $0.00.
• Filing: Amended Form 4 filed 2026-07-01 correcting totals after June 30, 2026 shareholder meeting.
• Vesting: Footnote indicates 2,757,500 shares are subject to vesting (restrictions on immediate sale).
• ADS note: Filing footnote states each American Depositary Share (ADS) represents 100 ordinary shares — check whether reported amounts are ADS or ordinary shares when comparing to other reports.
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context

• This was a compensation grant (award), not an open‑market purchase or sale; such grants are common for executives and do not by themselves indicate intent to buy or sell stock.
• Because many of the shares are subject to vesting, they may not be available for sale immediately; watch future Form 4s for any post‑vesting sales or transfers.