STOCK TITAN

Qualys (QLYS) CEO sells 10,000 shares under 10b5-1 trading plan

Filing Impact
(Very High)
Filing Sentiment
(Negative)
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 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)
  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.
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
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.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Thakar Sumedh S

(Last)(First)(Middle)
C/O QUALYS, INC.
919 E. HILLSDALE BLVD.

(Street)
FOSTER CITY CALIFORNIA 94404

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
QUALYS, INC. [ QLYS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
CEO & PRESIDENT
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/26/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/26/2026S(1)9,800D$120.4688(2)236,886D
Common Stock06/26/2026S(1)200D$121.1236,686D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. 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.
/s/ Bruce Posey by power of attorney for Sumedh S. Thakar06/29/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

How many Qualys (QLYS) shares did the CEO sell and at what prices?

The CEO sold 10,000 Qualys shares in two transactions. One involved 200 shares at $121.10 per share, and another involved 9,800 shares at a weighted average price of $120.4688 per share, with individual prices ranging from $120.00 to $120.895.

Were the Qualys (QLYS) CEO’s share sales under a Rule 10b5-1 plan?

Yes. The filing states the sale was executed under a Rule 10b5-1 trading plan. This plan was adopted by Sumedh S. Thakar on February 27, 2026, indicating the transactions were pre-scheduled rather than discretionary market-timed trades.

Does the Qualys (QLYS) CEO still hold shares after these reported sales?

Yes. After the June 26, 2026 transactions, the filing shows Sumedh S. Thakar continues to directly own more than 200,000 Qualys shares. The reported sales therefore represent a small portion of his overall direct holdings in the company.

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.