Qualys (QLYS) Director Sells 3,860 Shares at ~$134.82
John A. Zangardi, a director of Qualys, Inc. (QLYS), reported the sale of 3,860 shares of the issuer's common stock on 08/22/2025.
Rhea-AI Filing Summary
John A. Zangardi, a director of Qualys, Inc. (QLYS), reported the sale of 3,860 shares of the issuer's common stock on 08/22/2025. The filing shows the sale code "S" with a weighted average sale price of $134.8197, and an indicated price range of $134.575 to $135.12 per share. After the reported transaction the filing lists 7,174 shares beneficially owned directly and an indirect holding of 5 shares attributed to his son. The Form 4 was signed by Bruce Posey by power of attorney on 08/25/2025. This report is a Section 16 disclosure of insider selling and provides the weighted average price range for the shares sold.
Positive
- Timely Section 16 disclosure of insider sale filed for transparency
- Sale price range disclosed (weighted average $134.8197; range $134.575–$135.12) allowing precise record
Negative
- Insider sold shares (3,860 shares), reducing direct ownership
- Filing provides no stated reason for the sale or indication of a Rule 10b5-1 plan
Insights
TL;DR: Director sale of 3,860 shares reported at a weighted average near $134.82; filing discloses post-sale holdings.
The Form 4 documents an insider sale rather than an acquisition, specifying 3,860 shares sold on 08/22/2025 at a weighted average price of $134.8197, with the sale prices ranging from $134.575 to $135.12. The reporting person remains a holder of 7,174 shares directly and 5 shares indirectly via a family member. This is a standard Section 16 disclosure that updates outstanding insider ownership; the filing does not provide rationale, scheduled plan information, or any derivative transactions.
TL;DR: Proper insider disclosure filed; sale executed and reported via a signed Form 4 with POA signature.
The Form 4 is completed to show compliance with Section 16 reporting obligations: the reporting person is identified as a director, the transaction date and sale details are provided, and the form bears a power-of-attorney signature dated 08/25/2025. The filing includes an explanatory note on the weighted average price band. There are no amendments or derivative security disclosures in this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,860 | $134.8197 | $520K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. The sale price represents the weighted average price of the shares sold ranging from $134.575 to $135.12 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction did Qualys director John A. Zangardi report on Form 4 (QLYS)?
When was the Form 4 signed and by whom?
Does the Form 4 indicate this sale was made under a trading plan (Rule 10b5-1)?
AI-generated analysis. How Rhea-AI works. Not financial advice.