Qualys (QLYS) CEO trims stake with 3,200-share open-market sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QUALYS, INC. CEO and President Sumedh S. Thakar sold a total of 3,200 shares of common stock in open-market transactions on June 15, 2026. The shares were sold in three blocks at weighted average prices of about $115.66, $114.31 and $112.08 per share.
These sales were made under a pre-arranged Rule 10b5-1 trading plan adopted on February 27, 2026. Following the transactions, Thakar directly holds 246,686 shares of Qualys common stock, so the sale reflects only a small portion of his overall stake.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,200 shares ($367,369)
Net Sell
3 txns
Insider
Thakar Sumedh S
Role
CEO & PRESIDENT
Sold
3,200 shs ($367K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 200 | $112.075 | $22K |
| Sale | Common Stock | 1,500 | $114.3107 | $171K |
| Sale | Common Stock | 1,500 | $115.6587 | $173K |
Holdings After Transaction:
Common Stock — 249,686 shares (Direct, null)
Footnotes (1)
- The sale transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 27, 2026. The sale price represents the weighted average price of the shares sold ranging from $112.05 to $112.10 per share. Upon request by the Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4. The sale price represents the weighted average price of the shares sold ranging from $114.03 to $114.58 per share. Upon request by the Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4. The sale price represents the weighted average price of the shares sold ranging from $115.28 to $116.05 per share. Upon request by the Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
Key Figures
Shares sold: 3,200 shares
Sale price block 1: $115.6587/share
Sale price block 2: $114.3107/share
+2 more
5 metrics
Shares sold
3,200 shares
Total common stock sold on June 15, 2026
Sale price block 1
$115.6587/share
Weighted average price for 1,500 shares
Sale price block 2
$114.3107/share
Weighted average price for 1,500 shares
Sale price block 3
$112.0750/share
Weighted average price for 200 shares
Shares held after
246,686 shares
Direct Qualys common stock holdings after transactions
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale
3 terms
Rule 10b5-1 trading plan regulatory
"The sale transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The sale price represents the weighted average price of the shares sold"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What did Qualys (QLYS) CEO Sumedh Thakar report in this Form 4?
Sumedh Thakar reported selling Qualys common stock in open-market trades. He completed three sale transactions totaling 3,200 shares on June 15, 2026, all under a pre-arranged Rule 10b5-1 trading plan, and continues to hold a substantial direct stake afterward.
What type of transactions did the Qualys (QLYS) Form 4 disclose?
The Form 4 disclosed open-market sale transactions in Qualys common stock. All three entries are coded as “S,” described as sales in open market or private transactions, with no derivative exercises, gifts, or tax-withholding dispositions reported in this particular filing.