Feuardent Moreira Andreas 4/A
Research Summary
AI-generated summary
Wisekey (WKEY) CINO Andreas Feuardent Exercises Options (440 Disposed)
What Happened
- Andreas Feuardent, Chief Innovation Officer of Wisekey International Holding S.A. (WKEY), filed an amended Form 4 reporting that his spouse disposed of 440 derivative securities in connection with the exercise of options. The transaction is reported as 440 derivative units at $0.00 each, total reported value $0.
- This amendment corrects an earlier Form 4 (filed June 16, 2026) that inadvertently indicated an acquisition; the corrected filing shows a disposition of the derivative securities (the options) upon exercise.
Key Details
- Transaction date: June 8, 2026 (reported in an amended Form 4 filed June 24, 2026).
- Transaction type/code: Exercise or conversion of derivative (code M) — 440 derivative securities disposed @ $0.00 (total $0).
- Shares owned after transaction: Not disclosed on this filing.
- Notable footnote: The amendment (F1) explains the original filing mistakenly reported an acquisition rather than a disposition of the derivative securities; this filing corrects that error.
- Filing status: Amended filing; no explicit late-filing code is shown in this record.
Context
- For derivative/option activity: The Form 4 reports the disposal of the derivative instruments (options) tied to an exercise. The filing does not show whether underlying shares were retained or immediately sold, and it does not report any cash proceeds.
- What this means for investors: This is a corrective/amended disclosure about option activity by the insider’s spouse. It is a factual reporting correction and does not, by itself, indicate insider sentiment about the company’s stock.