Qualys (QLYS) CEO sells 10,000 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QUALYS, INC. CEO and President Sumedh S. Thakar reported open-market sales of a total of 10,000 shares of common stock on June 29, 2026, executed in three separate transactions at weighted average prices between about $125 and $128 per share. These trades were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on February 27, 2026, indicating they were scheduled in advance. Following the transactions, Thakar directly holds 226,686 shares of Qualys common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,000 shares ($1,267,538)
Net Sell
3 txns
Insider
Thakar Sumedh S
Role
CEO & PRESIDENT
Sold
10,000 shs ($1.27M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,700 | $125.603 | $339K |
| Sale | Common Stock | 4,994 | $126.9574 | $634K |
| Sale | Common Stock | 2,306 | $127.6601 | $294K |
Holdings After Transaction:
Common Stock — 233,986 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 $125.00 to $125.98 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 $126.15 to $127.14 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 $127.15 to $127.74 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: 10,000 shares
Sale price 1: $125.6030 per share
Sale price 2: $126.9574 per share
+3 more
6 metrics
Shares sold
10,000 shares
Total common stock sold on June 29, 2026
Sale price 1
$125.6030 per share
Weighted average price for 2,700 shares sold
Sale price 2
$126.9574 per share
Weighted average price for 4,994 shares sold
Sale price 3
$127.6601 per share
Weighted average price for 2,306 shares sold
Shares held after trades
226,686 shares
Direct ownership after June 29, 2026 sales
Number of sale transactions
3 transactions
Open-market sales of common stock on June 29, 2026
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 adopted by the Reporting Person on February 27, 2026."
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 ranging from $125.00 to $125.98 per share."
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?
Qualys CEO Sumedh Thakar reported selling 10,000 shares of common stock in three open-market transactions on June 29, 2026. These trades were executed under a pre-arranged Rule 10b5-1 trading plan and left him with 226,686 directly owned shares.
Was the Qualys (QLYS) CEO’s stock sale part of a Rule 10b5-1 plan?
Yes. The filing states the sale was effected under a Rule 10b5-1 trading plan adopted on February 27, 2026. Such plans allow insiders to schedule trades in advance, helping separate routine portfolio activity from discretionary market-timing decisions.
How many separate transactions were reported in this Qualys (QLYS) Form 4?
The Form 4 shows three separate open-market sale transactions of Qualys common stock on June 29, 2026. Each line item lists the number of shares sold, a specific weighted average sale price, and references footnotes that provide the detailed price ranges.