Sumedh Thakar sells QLYS shares under 10b5-1 plan (QLYS)

Rhea-AI Filing Summary

QuantumLeap (QLYS) Section 144 notice shows Sumedh Thakar intends to sell up to 30,000 shares of Common Stock (PSU/RSU issued 02/05/2024). The excerpt lists recent 10b5-1 sales in June 2026: 10,000 shares on 06/29/2026 for $1,267,537.00, 10,000 shares on 06/26/2026 for $1,204,814.00, 3,200 shares on 06/15/2026 for $367,368.96, and 13,200 shares on 06/01/2026 for $1,514,407.36. The filing identifies the sales as executed under a 10b5-1 Sales Plan.

Insights

Equity Compensation Analyst

Notice lists a proposed resale of PSU/RSU and recent plan-driven dispositions.

The filing states 30,000 shares of Common Stock (PSU/RSU issued 02/05/2024) are covered for sale and enumerates multiple executed sales under a 10b5-1 Sales Plan in June 2026. Cash proceeds for each trade are shown.

These entries document reported dispositions under a trading plan; cash‑flow treatment and any remaining unregistered balance beyond the stated 30,000 shares are not described in the provided excerpt.

Corporate Governance Specialist

Transactions are administrative disclosures of planned insider sales, not new corporate actions.

The submission is a Section 144-style notice listing holder identity, security type (PSU/RSU), issuance date, and specific 10b5-1 sale executions with dates and amounts. It records that sales occurred pursuant to a plan rather than ad hoc open-market trades.

Impact on equity structure is not quantified here; subsequent filings or transaction-level reports would show remaining holdings and any additional regulatory notices.

Key Figures

Shares to be sold: 30,000 shares Sale on 06/29/2026: 10,000 shares Sale on 06/26/2026: 10,000 shares +2 more

5 metrics

Shares to be sold 30,000 shares PSU/RSU issued 02/05/2024

Sale on 06/29/2026 10,000 shares Proceeds <money>$1,267,537.00</money>

Sale on 06/26/2026 10,000 shares Proceeds <money>$1,204,814.00</money>

Sale on 06/15/2026 3,200 shares Proceeds <money>$367,368.96</money>

Sale on 06/01/2026 13,200 shares Proceeds <money>$1,514,407.36</money>

Key Terms

PSU/RSU, 10b5-1 Sales Plan, Section 144 notice

3 terms

PSU/RSU financial

"Common | 02/05/2024 | PSU/RSU | Issuer"

10b5-1 Sales Plan regulatory

"10b5-1 Sales Plan for SUMEDH THAKAR ... | Common | 06/29/2026"

A 10b5-1 sales plan is a written, prearranged schedule that company insiders use to buy or sell their employer’s stock under a U.S. securities rule, so trades occur automatically at set times or prices regardless of later private information. It matters to investors because it reduces the risk of insider-trading accusations and signals that certain insider trades were planned ahead—like putting transactions on autopilot—while still affecting share supply and market confidence.

Section 144 notice regulatory

"Form 144 style sales disclosure lines and 'Filer Information'"

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Available on EDGAR 06/30/2026 - 04:32 PM Accepted by SEC EDGAR 06/30/2026 - 04:31 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	30000	3849600.00	35217007	06/30/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/05/2024	PSU/RSU	Issuer			30000	02/05/2024	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales Plan for SUMEDH THAKAR 919 E. Hillsdale Boulevard, 4th Floor Foster City CA 94404	Common	06/29/2026	10000	1267537.00
10b5-1 Sales Plan for SUMEDH THAKAR 919 E. Hillsdale Boulevard, 4th Floor Foster City CA 94404	Common	06/26/2026	10000	1204814.00
10b5-1 Sales Plan for SUMEDH THAKAR 919 E. Hillsdale Boulevard, 4th Floor Foster City CA 94404	Common	06/15/2026	3200	367368.96
10b5-1 Sales Plan for SUMEDH THAKAR 919 E. Hillsdale Boulevard, 4th Floor Foster City CA 94404	Common	06/01/2026	13200	1514407.36

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the QLYS Form 144 disclose about shares to be sold?

The filing discloses 30,000 shares of Common Stock (PSU/RSU issued 02/05/2024) as the securities to be sold. It lists the security type and issuance date and identifies the holder initiating the resale notice.

Which insider executed 10b5-1 sales for QLYS in June 2026?

Sumedh Thakar is named as the party executing sales under a 10b5-1 Sales Plan. The excerpt lists multiple sale dates and the number of shares sold on each date in June 2026.

How many shares and proceeds are shown for the 06/29/2026 sale?

The excerpt lists a sale of 10,000 shares on 06/29/2026 with proceeds of $1,267,537.00. The filing ties each trade to a date and dollar amount in the sales table.

Were the June 2026 transactions executed under a trading plan?

Yes. The sales are identified as executed pursuant to a 10b5-1 Sales Plan. Each listed trade row in the excerpt includes that plan designation alongside the date, share count, and proceeds.

Does this filing state who receives the proceeds from these sales?

The excerpt shows proceeds amounts for each sale (e.g., $1,204,814.00 on 06/26/2026) but does not state the recipient party for proceeds beyond the named selling person and plan.