Wisekey International Holding S.A.·4

Jun 16, 4:15 PM ET

Feuardent Moreira Andreas 4

4 · Wisekey International Holding S.A. · Filed Jun 16, 2026

Research Summary

AI-generated summary of this filing

Updated

Wisekey (WKEY) CIO Andreas Feuardent Exercises Options

What Happened

  • Andreas Feuardent, Chief Innovation Officer of Wisekey International Holding S.A. (WKEY), exercised options on June 8, 2026. The filing shows two derivative exercises: 440 shares exercised at an exercise price of $3.14 (total paid $1,382) and a second 440-share derivative recorded with a $0 exercise price. To cover tax withholding, 139 shares were surrendered (disposed) at $10.51 per share (value approx. $1,461). After withholding, the reporting person netted 741 shares (880 exercised minus 139 withheld).

Key Details

  • Transaction date: June 8, 2026; Form 4 filed June 16, 2026 (filed after the transaction date).
  • Exercise details: 440 shares @ $3.14 (≈ $1,382); 440 shares @ $0 (derivative instrument).
  • Tax withholding: 139 shares withheld/disposed @ $10.51 (≈ $1,461).
  • Net new shares received: 741 shares.
  • Footnotes: Exchange rates used to convert CHF exercise prices to USD (rate 0.7955 CHF per USD reported June 5, 2026). A tax-offset right was granted with the option, entitling the holder to a cash payment equal to the tax withholding on exercise (including withholding on the tax-offset payment).
  • Shares owned after transaction: Not provided in the supplied filing.
  • Timeliness: The Form 4 was filed eight days after the June 8 transactions (appears late relative to the usual 2-business-day deadline).

Context

  • This was an options exercise (derivative conversion). Part of the issuance was surrendered to satisfy tax withholding — a routine administrative step, not an open-market sale of additional shares for cash.
  • Because the filing shows a net acquisition of 741 shares, this is a net purchase-like event for the insider. However, filing delay may affect prompt market transparency.

Insider Transaction Report

Form 4
Period: 2026-06-08
Feuardent Moreira Andreas
Chief Innovation Officer
Transactions
  • Exercise/Conversion

    Class B Shares

    [F1]
    2026-06-08$3.14/sh+440$1,382440 total(indirect: By Spouse)
  • Tax Payment

    Class B Shares

    [F2]
    2026-06-08$10.51/sh139$1,461301 total(indirect: By Spouse)
  • Exercise/Conversion

    Employee Stock Option Plan (right to buy)

    [F3][F1]
    2026-06-08+4400 total(indirect: By Spouse)
    Exercise: $3.14From: 2019-09-27Exp: 2026-09-26Class B Shares (440 underlying)
Footnotes (3)
  • [F1]The exercise price of CHF 2.50 per share has been converted to U.S. dollars using the noon buying rate for the Swiss franc as published by the Federal Reserve Board in its H.10 weekly release. The exchange rate used was 0.7955 Swiss francs per U.S. dollar, as reported on June 5, 2026, which is the most recent rate published by the Federal Reserve prior to the transaction date of June 8, 2026. Based on this rate, the exercise price is approximately $3.14 per share.
  • [F2]The exercise price of CHF 8.36 per share has been converted to U.S. dollars using the noon buying rate for the Swiss franc as published by the Federal Reserve Board in its H.10 weekly release. The exchange rate used was 0.7955 Swiss francs per U.S. dollar, as reported on June 5, 2026, which is the most recent rate published by the Federal Reserve prior to the transaction date of June 8, 2026. Based on this rate, the exercise price is approximately $10.51 per share.
  • [F3]The accompanying tax-offset right, which was granted in tandem with the option, entitles the reporting person to receive, upon exercise of the option, a cash payment equal to the tax withholding incurred in connection with the exercise, including tax withholding incurred on the tax-offset payment.
Signature
/s/ John O'Hara, Attorney-in-Fact|2026-06-16

Documents

1 file
  • 4
    form4-06162026_040604.xmlPrimary