QLYS Rule 144 Notice: 3,860 Shares from Vested RSUs to be Sold
Rhea-AI Filing Summary
Qualys, Inc. (QLYS) Form 144 notice for proposed sale of securities. The filing shows an intended sale of 3,860 common shares through Charles Schwab with an aggregate market value of $503,652.00 and an approximate sale date of 08/21/2025 on Nasdaq. The shares were acquired as vested restricted stock grants from the issuer on 06/12/2020 and were issued as equity compensation. The filing also discloses a prior sale by the same person, John A. Zangardi, of 1,287 shares on 08/13/2025 for gross proceeds of $169,918.23. Certain identifying fields such as filer CIK/CCC and explicit relationship to the issuer are not provided in the text.
Positive
- Clear disclosure of intended Rule 144 sale of 3,860 shares valued at $503,652.00
- Source of shares disclosed: vested restricted stock grants dated 06/12/2020
- Prior sale disclosed: 1,287 shares sold on 08/13/2025 for $169,918.23, supporting transparency
Negative
- Missing filer identifiers: filer CIK and CCC are not provided in the extracted content
- Relationship to issuer not specified within the provided tables, limiting context about the seller's role
Insights
TL;DR: Routine insider sale disclosure; indicates stock sold from vested equity, not a purchase or new issuance.
The Form 144 documents a planned Rule 144 sale of 3,860 common shares valued at $503,652, with acquisition dated 06/12/2020 as vested restricted stock grants. This is a compliance filing that notifies the market of an insider-originated sale under Rule 144. The prior sale of 1,287 shares on 08/13/2025 for $169,918.23 shows recent partial liquidation activity. Absent additional financial context or unusually large volumes relative to total insider holdings, this filing alone is informational rather than decisively material to company fundamentals.
TL;DR: Filing meets disclosure requirements but omits some identifier fields in the provided text.
The notice indicates the seller represents they have no undisclosed material information and references Rule 10b5-1 planning language. The acquisition origin (vested RSUs) and payment nature (equity compensation) are clearly stated, supporting transparency about the source of shares. However, the provided content lacks explicit filer CIK/CCC and a stated relationship to the issuer, which are typically present in complete filings; those omissions reduce the usefulness of the extract for verification purposes.