Qualys (NASDAQ: QLYS) CEO covers RSU tax bill with 6,748 shares
Rhea-AI Filing Summary
Qualys, Inc. CEO and President Sumedh S. Thakar reported a tax-withholding disposition of 6,748 shares of common stock on August 1, 2026, at $144.75 per share. The shares were withheld to cover his tax liability from vesting restricted stock units, leaving him with 186,738 shares held directly afterward.
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Insights
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Insider Trade Summary
Net Seller: 6,748 shares
Net Sell
1 txn
Insider
Thakar Sumedh S
Role
CEO & PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 6,748 | $144.75 | $977K |
Holdings After Transaction:
Common Stock — 186,738 shares (Direct)
Footnotes (1)
- F1. The reported shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units.
Key Figures
Shares withheld for taxes: 6,748 shares
Per-share value for tax: $144.75 per share
Shares held after transaction: 186,738 shares
3 metrics
Shares withheld for taxes
6,748 shares
Tax-withholding disposition on August 1, 2026 for RSU vesting
Per-share value for tax
$144.75 per share
Value applied to the 6,748 withheld shares
Shares held after transaction
186,738 shares
Direct Qualys common stock holdings after August 1, 2026 event
Key Terms
restricted stock units, tax liability, withheld to cover
3 terms
restricted stock units financial
"in connection with the vesting of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax liability financial
"were withheld to cover the Reporting Person's tax liability"
withheld to cover financial
"The reported shares were withheld to cover"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Qualys (QLYS) report for its CEO?
Qualys reported that CEO Sumedh S. Thakar had 6,748 shares of common stock withheld on August 1, 2026. The shares were used to cover his tax liability arising from the vesting of restricted stock units, rather than being sold in the open market.
Was the Qualys (QLYS) CEO's Form 4 transaction an open-market sale?
No. The Form 4 shows a code F transaction, meaning shares were withheld to pay taxes. According to the footnote, the 6,748 shares covered the CEO's tax liability from restricted stock unit vesting, not a discretionary market sale.