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Insider Cluster (3 insiders) ·Filed Jun 3, 2026

LAES

SEALSQ Corp
NEUTRAL
Impact 3/10
Horizondays Processed4mo ago
Insider cluster: 2 insiders, $72K total
Actionable Insight • Neutral

The dollar amounts are too small relative to market cap to signal material insider concern. The pattern of regular sales by both CEO and CFO, combined with non-cash grants/exercises to the VP, is consistent with routine portfolio diversification and tax planning. No actionable trade signal — monitor for any acceleration in selling volume or a departure from the established cadence.

DirectionNeutral
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
LAES ▼ -32.05% at T+60d
NEUTRAL call -32.05% · α vs SPY -33.94% · entry $3.65 → $2.48
Entry = T+0 close
Jun 3, 2026
via day close
T+1d
-12.33%
call -12.33% · α -9.75%
$3.20
settled 5mo ago
T+5d
-12.33%
call -12.33% · α -9.78%
$3.20
settled 5mo ago
T+20d
-16.99%
call -16.99% · α -15.61%
$3.03
settled 4mo ago
T+60d
-32.05%
call -32.05% · α -33.94%
$2.48
settled 2mo ago

Price Chart

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Executive Summary

CEO Carlos Moreira and CFO John O'Hara sold a combined $72K in open-market sales over a 5-day window, with the CFO also selling an additional $20K on June 3. The total cluster value of $92K represents ~0.01% of LAES's $826M market cap — a trivial amount. The sales follow a pattern of regular insider selling (7 sells totaling $241K in the prior 30 days) and coincide with option exercises and grants to the VP of R&D, suggesting liquidity/vesting-driven activity rather than a bearish signal.

Key Financial Metrics

Direction
selling
Total Value
$188.4K
Insiders
3

Key Facts

  • CEO Moreira sold 27,005 shares total ($96,735) across May 29, June 2, and June 3
  • CFO O'Hara sold 25,582 shares total ($91,711) across May 29, June 2, and June 3
  • Total open-market sales by C-suite: ~$188K over 6 trading days
  • VP R&D Enguent received 60,000 shares via grant and exercised 30,000 derivatives (non-cash) on June 1
  • Cluster value is ~0.02% of market cap — well below the 0.1% materiality threshold
  • Prior 30-day insider activity showed 7 sells totaling $241K, consistent with a regular selling pattern

Financial Impact

Total open-market sales of ~$188K by CEO and CFO over 6 days, representing ~0.02% of LAES's $826M market cap

insider ownershipfloat

Risk Factors

  • If selling accelerates beyond the current ~$80K/month pace, it could indicate growing insider concern
  • The company operates in a volatile semiconductor sector where insider sentiment can shift quickly

Market Snapshot

Exchange
Nasdaq
Sector
Semiconductors & Related Devices
Analyst Consensus
88% bullish (8 analysts)

Investment Themes

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-LAES-1780521347109
68 reports for LAES
Performance horizon
50% Hit rate @ T+20 8 of 16 directional calls Went positive at some point 15 of 19 best @ T+60▲ +41.59%Apr 8, 2026
Filters
Rows
Reports for LAES — sortable, filterable
TypeNow
Oct 26, 2026
today
Press Release
NEUTRAL ★ 4/10
$1.56awaiting T+20—$1.55 (−0.66%)
Oct 16, 2026
10d ago
6-K
NEUTRAL ★ 2/10
$1.79awaiting T+20—$1.55 (−13.41%)
Oct 16, 2026
10d ago
6-K
BULLISH ★ 6/10
$1.79awaiting T+20—$1.55 (−13.41%)
Oct 15, 2026
11d ago
Press Release
BULLISH ★ 5/10
$1.93awaiting T+20—$1.55 (−19.69%)
Oct 14, 2026
12d ago
6-K
BULLISH ★ 6/10
$1.84awaiting T+20—$1.55 (−15.76%)
Oct 13, 2026
13d ago
Press Release
NEUTRAL ★ 2/10
$1.93awaiting T+20—$1.55 (−19.69%)
Oct 6, 2026
20d ago
Press Release
NEUTRAL ★ 4/10
$2.42awaiting T+20—$1.55 (−35.95%)
Oct 2, 2026
24d ago
6-K
NEUTRAL ★ 5/10
$2.41awaiting T+20—$1.55 (−35.68%)
Oct 2, 2026
24d ago
Press Release
NEUTRAL ★ 3/10
$2.41awaiting T+20—$1.55 (−35.68%)
Sep 25, 2026
4w ago
6-K
NEUTRAL ★ 3/10
$2.35 $1.55▼ −34.04%▼ −32.57%$1.55 (−34.04%)
Showing 10 of 68

US Market Status

Market Closed — Opens Wed (12h 44m)

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Report published Jun 3, 2026