Qualys (QLYS) CEO sells 10,000 shares under 10b5-1 trading plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QUALYS, INC. CEO and President Sumedh S. Thakar sold a total of 10,000 shares of common stock in open-market transactions on June 26, 2026. The reported sales were executed at prices around $120–$121 per share and were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on February 27, 2026. The filing indicates that Thakar continues to directly own more than 200,000 Qualys shares after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,000 shares ($1,204,814)
Net Sell
2 txns
Insider
Thakar Sumedh S
Role
CEO & PRESIDENT
Sold
10,000 shs ($1.20M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,800 | $120.4688 | $1.18M |
| Sale | Common Stock | 200 | $121.10 | $24K |
Holdings After Transaction:
Common Stock — 236,886 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 $120.00 to $120.895 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
Total shares sold: 10,000 shares
Sale price (small block): $121.10 per share
Weighted average sale price: $120.4688 per share
+2 more
5 metrics
Total shares sold
10,000 shares
Open-market sales on June 26, 2026
Sale price (small block)
$121.10 per share
Sale of 200 shares on June 26, 2026
Weighted average sale price
$120.4688 per share
Sale of 9,800 shares, prices from $120.00 to $120.895
Rule 10b5-1 plan adoption date
February 27, 2026
Plan governing the June 26, 2026 sales
Post-sale direct holdings (rounded)
Over 200,000 shares
Direct ownership after reported June 26, 2026 sales
Key Terms
Rule 10b5-1 trading plan, open-market sale, weighted average price
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..."
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.
open-market sale financial
"transaction_action: "open-market sale" with transaction code "S" for Common Stock"
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.
weighted average price financial
"The sale price represents the weighted average price of the shares sold ranging from $120.00 to $120.895 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.
FAQ
What did Qualys (QLYS) CEO Sumedh Thakar report in this Form 4?
Sumedh S. Thakar reported selling 10,000 shares of Qualys common stock. The transactions were open-market sales executed on June 26, 2026, at prices around $120–$121 per share under a pre-arranged Rule 10b5-1 trading plan.
What is the significance of the weighted average sale price in the Qualys (QLYS) Form 4?
The Form 4 discloses a weighted average sale price of $120.4688 for 9,800 shares. The CEO sold shares in a range from $120.00 to $120.895, and the weighted average summarizes these multiple trades while full price breakdowns are available upon request.
When did the Qualys (QLYS) CEO’s reported transactions take place?
Both reported transactions occurred on June 26, 2026. On that date, Sumedh S. Thakar executed two open-market sales totaling 10,000 shares of Qualys common stock, consistent with his previously adopted Rule 10b5-1 trading plan.