Sumedh Thakar 10b5-1 sells shares via Morgan Stanley (NASDAQ: QLYS)

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC filed a Form 144 reporting proposed sales of Common Stock related to a 10b5-1 plan for Sumedh Thakar. The filing lists multiple sale dates with quantities and aggregate values: 13,200 shares on 06/01/2026 for $1,514,407.36, 10,000 shares on 06/26/2026 for $1,204,814.00, and 3,200 shares on 06/15/2026 for $367,368.96. The broker/issuer line shows 10,000 shares and an aggregate value of $1,232,700.00 referenced with a 06/29/2026 date.

Insights

Compliance & Securities Law Expert

Notice of brokered sales under a 10b5-1 plan; filings list specific sale dates, share counts, and dollar amounts.

The record shows proposed or completed transactions executed under a 10b5-1 sales plan for Sumedh Thakar with explicit per-date share counts and aggregate dollar figures. The filing names Morgan Stanley Smith Barney LLC as the broker/filing agent.

These entries are procedural disclosures required when covered persons sell restricted or controlled securities; cash‑flow treatment and whether proceeds go to the reporting person or issuer are not specified in the excerpt.

Key Figures

Sale on 06/01/2026: 13,200 shares Sale on 06/26/2026: 10,000 shares Sale on 06/15/2026: 3,200 shares +2 more

5 metrics

Sale on 06/01/2026 13,200 shares 06/01/2026; aggregate $1,514,407.36

Sale on 06/26/2026 10,000 shares 06/26/2026; aggregate $1,204,814.00

Sale on 06/15/2026 3,200 shares 06/15/2026; aggregate $367,368.96

Broker reference line 10,000 shares 06/29/2026; aggregate $1,232,700.00 (broker/issuer line)

Form type Form 144 Regulatory notice of proposed resale

Key Terms

10b5-1 Sales Plan, Form 144, RSU/PSU

3 terms

10b5-1 Sales Plan regulatory

"10b5-1 Sales Plan for SUMEDH THAKAR 919 E. Hillsdale Boulevard"

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.

Form 144 regulatory

"Filer Information | 144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

RSU/PSU financial

"Common | 08/01/2024 | RSU/PSU | Issuer"

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Available on EDGAR 06/29/2026 - 04:43 PM Accepted by SEC EDGAR 06/29/2026 - 04:42 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	10000	1232700.00	35217007	06/29/2026	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	08/01/2024	RSU/PSU	Issuer			16400	08/01/2024	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	06/26/2026	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 filing disclose?

The filing discloses proposed or completed sales of Common Stock under a 10b5-1 plan. It lists 13,200 shares on 06/01/2026 ($1,514,407.36), 10,000 shares on 06/26/2026 ($1,204,814.00), and 3,200 shares on 06/15/2026 ($367,368.96).

Who is the broker and who executed the 10b5-1 sales in the filing?

The filing shows Morgan Stanley Smith Barney LLC (address: 1 New York Plaza) as the broker/filing agent. The sales are identified as executed pursuant to a 10b5-1 Sales Plan for Sumedh Thakar.

What is the total dollar value reported for the listed sales?

The aggregated dollar amounts shown by line items total $3,086,590.32 across the three dated entries: $1,514,407.36, $1,204,814.00, and $367,368.96 as listed in the excerpt.

Are these sales registered as issuer offerings or resales?

These entries are resale disclosures under Form 144 for brokered transactions tied to a 10b5-1 plan. The excerpt does not describe an issuer primary offering or use of proceeds.

What dates are associated with the reported transactions?

The excerpt lists sale dates of 06/01/2026, 06/15/2026, and 06/26/2026, plus a broker reference date of 06/29/2026 appearing alongside an aggregate value.