Director Pellaton reports SEALSQ (LAES) share and stock option holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
SEALSQ Corp director Eric Adrien Pellaton filed an initial ownership report showing his current equity position in the company. He holds four tranches of employee stock options with a $0.010 exercise price, covering 7,273; 8,923; 34,594; and 34,291 underlying Ordinary Shares, expiring between 2031 and 2032. The filing also lists 100 Ordinary Shares held directly and 2,987 Ordinary Shares held indirectly through NRJ S.A., with a footnote stating he disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Pellaton Eric Adrien
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee Stock Option Plan (right to buy) | -- | -- | -- |
| holding | Employee Stock Option Plan (right to buy) | -- | -- | -- |
| holding | Employee Stock Option Plan (right to buy) | -- | -- | -- |
| holding | Employee Stock Option Plan (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option Plan (right to buy) — 7,273 shares (Direct);
Ordinary Shares — 100 shares (Direct);
Ordinary Shares — 2,987 shares (Indirect, By NRJ S.A.)
Footnotes (1)
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FAQ
What does Eric Adrien Pellaton report owning in SEALSQ Corp (LAES)?
Eric Adrien Pellaton reports a mix of options and shares. He holds four employee stock option grants over 7,273; 8,923; 34,594; and 34,291 underlying Ordinary Shares plus 100 Ordinary Shares directly and 2,987 Ordinary Shares indirectly through NRJ S.A.
What are the key terms of Pellaton’s SEALSQ (LAES) stock options?
Pellaton’s options are low-priced and long-dated. Each employee stock option grant has an exercise price of $0.010 per Ordinary Share, with expiration dates ranging from 2031 to 2032, providing long-term potential to convert options into Ordinary Shares.
Does Pellaton fully claim beneficial ownership of all reported SEALSQ securities?
No, he includes a standard beneficial ownership disclaimer. The filing states he disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest, which is common when some holdings are through related entities like NRJ S.A.
Is this SEALSQ (LAES) Form 3 filing reporting new trades or just holdings?
The Form 3 records existing holdings, not new trades. All entries are categorized as holdings with unknown transaction codes, indicating this is an initial statement of Pellaton’s current options and share positions rather than a report of recent purchases or sales.
What does the SEALSQ Form 3 reveal about Pellaton’s derivative position?
The filing highlights substantial unexercised stock options. Four employee stock option positions over Ordinary Shares remain outstanding, all at a $0.010 exercise price and expiring between 2031 and 2032, indicating long-term derivative exposure to SEALSQ’s equity.