Qualys CEO reports routine tax share withholding
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
QUALYS, INC. CEO and President Sumedh S. Thakar reported a routine tax-related share disposition. On the RSU vesting date, 6,748 shares of common stock were withheld at $88.53 per share to cover his tax liability, rather than being sold on the open market.
After this withholding, he directly holds 263,086 shares of Qualys common stock. This total includes 193 shares acquired on February 15, 2026 through the company’s Employee Stock Purchase Plan in an exempt transaction.
Insider Trade Summary
Exercise Price or Tax Liability: 6,748 shares
Exercise Price or Tax Liability
1 txn
Insider
Thakar Sumedh S
Role
CEO & PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 6,748 | $88.53 | $597K |
Holdings After Transaction:
Common Stock — 263,086 shares (Direct)
Footnotes (2)
- F1. The reported shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units.
- F2. Includes 193 shares that were acquired on February 15, 2026 through the Issuer's Employee Stock Purchase Plan in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).
Key Figures
Shares withheld for taxes: 6,748 shares
Implied share value: $88.53 per share
Shares held after transaction: 263,086 shares
+1 more
4 metrics
Shares withheld for taxes
6,748 shares
Tax-withholding disposition tied to RSU vesting
Implied share value
$88.53 per share
Value used for 6,748 withheld shares
Shares held after transaction
263,086 shares
Direct Qualys common stock holdings after withholding
ESPP shares included
193 shares
Acquired on February 15, 2026 via Employee Stock Purchase Plan
Key Terms
restricted stock units, Employee Stock Purchase Plan, Rule 16b-3(d), Rule 16b-3(c), +1 more
5 terms
restricted stock units financial
"tax liability 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.
Employee Stock Purchase Plan financial
"acquired on February 15, 2026 through the Issuer's Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Rule 16b-3(d) regulatory
"in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c)."
Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.
Rule 16b-3(c) regulatory
"in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c)."
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Qualys (QLYS) CEO Sumedh Thakar report?
Qualys CEO Sumedh Thakar reported a tax-withholding disposition of 6,748 common shares. The shares were withheld by the company to satisfy taxes due upon vesting of restricted stock units, rather than sold in an open-market transaction.
Was the Qualys (QLYS) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by Qualys to cover Sumedh Thakar’s tax obligations tied to restricted stock unit vesting, a common administrative process for equity compensation.
What do the Qualys (QLYS) Form 4 footnotes explain about the transaction?
The footnotes state the reported shares were withheld to cover the CEO’s tax liability from restricted stock unit vesting, and that 193 additional shares were acquired on February 15, 2026 through Qualys’ Employee Stock Purchase Plan in exempt transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates