QLYS insider notice: 1,287 vested shares proposed for sale via Charles Schwab
Rhea-AI Filing Summary
Qualys, Inc. (QLYS) submitted a Form 144 indicating a proposed sale of 1,287 common shares through Charles Schwab on Nasdaq, with an aggregate market value reported as $169,951 and total shares outstanding of 36,095,879. The securities were acquired as vested restricted stock grants on 06/12/2020 and the filing lists a payment classification of equity compensation dated 06/12/2024. The sale is scheduled approximately for 08/13/2025.
This quantity represents about 0.0036% of the outstanding shares, indicating the proposed sale is immaterial to overall share capital. The filer reports no securities sold in the past three months and includes the standard representation that they are not aware of undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: A small, routine insider sale of vested equity; immaterial to capitalization and unlikely to move the stock.
The filing shows a proposed disposition of 1,287 shares valued at $169,951, equal to roughly 0.0036% of outstanding shares (36,095,879 reported). The shares were acquired via vested restricted stock grants on 06/12/2020 with payment characterized as equity compensation. No sales were reported in the prior three months. Given the negligible percentage of float, this is a routine liquidity event rather than a material corporate development.
TL;DR: Routine insider liquidity with standard Form 144 disclosures and the usual certification about material nonpublic information.
The notice records a broker (Charles Schwab) and an approximate sale date (08/13/2025). The filer affirms they do not possess undisclosed material adverse information and the form allows for disclosure of any Rule 10b5-1 trading plan adoption, though no such plan date is shown. This filing reads as a standard compliance disclosure for sale of vested restricted stock and poses no obvious governance concern on its face.