Qualys (QLYS) director John Zangardi granted 2,628 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zangardi John A. reported acquisition or exercise transactions in this Form 4 filing.
QUALYS, INC. director John A. Zangardi received a grant of 2,628 shares of common stock in the form of restricted stock units as equity compensation. These units vest on the earlier of June 10, 2027 or the day before Qualys' 2027 annual meeting of stockholders, contingent on his continued service. Following this award, he directly holds 6,699 shares of common stock and also reports 5 shares held indirectly through his son.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Zangardi John A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,628 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,699 shares (Direct, null);
Common Stock — 5 shares (Indirect, By Son)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 2,628 shares
Grant price per share: $0.00 per share
Vesting date: June 10, 2027
+2 more
5 metrics
RSU grant size
2,628 shares
Restricted stock units of common stock granted to director
Grant price per share
$0.00 per share
Recorded value for the RSU award
Vesting date
June 10, 2027
Or the day before the 2027 annual meeting, whichever is earlier
Direct holdings after grant
6,699 shares
Common stock directly held following the RSU award
Indirect holdings
5 shares
Common stock held indirectly, noted as "By Son"
Key Terms
restricted stock units, vest, annual meeting of stockholders
3 terms
restricted stock units financial
"The reported securities represent restricted stock units which vest on the earlier of"
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.
vest financial
"restricted stock units which vest on the earlier of (i) June 10, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of stockholders financial
"or (ii) the day before the Issuer's 2027 annual meeting of stockholders"
FAQ
What did Qualys (QLYS) director John A. Zangardi receive in this Form 4 filing?
John A. Zangardi received 2,628 restricted stock units of Qualys common stock as equity compensation. The award is recorded at a price of $0.00 per share, reflecting a grant, not a market purchase, and increases his reported direct holdings to 6,699 shares.
When do John A. Zangardi’s new Qualys (QLYS) restricted stock units vest?
The 2,628 restricted stock units vest on the earlier of June 10, 2027 or the day before Qualys’ 2027 annual meeting of stockholders. Vesting is conditioned on Zangardi’s continued service with the company through the applicable vesting date, according to the filing footnote.
Is the Qualys (QLYS) Form 4 transaction a market purchase or sale?
The Form 4 records a grant of 2,628 restricted stock units at $0.00 per share, not an open-market purchase or sale. This represents stock-based compensation to director John A. Zangardi, rather than a discretionary buy or sell in the public market.
What service condition applies to John A. Zangardi’s new Qualys (QLYS) RSUs?
The restricted stock units vest only if John A. Zangardi continues his service with Qualys through each vesting date. The filing states vesting occurs on June 10, 2027 or the day before the 2027 annual meeting, provided this continued-service condition is met.