Qualys (QLYS) director receives 2,628 restricted stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hank Jeffrey P reported acquisition or exercise transactions in this Form 4 filing.
QUALYS, INC. director Jeffrey P. Hank reported an equity compensation grant of 2,628 shares of Common Stock in the form of restricted stock units. These units vest on the earlier of June 10, 2027, or the day before the company’s 2027 annual stockholders’ meeting, contingent on his continued service.
Following this grant, Hank directly holds 16,516 shares of Qualys common stock. The transaction reflects a non-cash award to a board member rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hank Jeffrey P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,628 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 16,516 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 2,628 shares
Grant price per share: $0.0000 per share
Post-transaction holdings: 16,516 shares
+1 more
4 metrics
RSU grant size
2,628 shares
Restricted stock units granted to director on June 10, 2026
Grant price per share
$0.0000 per share
Equity award with no cash paid by the director
Post-transaction holdings
16,516 shares
Total Qualys common stock directly held after the grant
RSU vesting date
June 10, 2027
Or the day before the 2027 annual meeting, whichever is earlier
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 (i) June 10, 2027 or (ii) the day before the Issuer's 2027 annual meeting of stockholders"
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 or (ii) the day before the Issuer's 2027 annual meeting of stockholders"
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, subject to the Reporting Person's continued service"
FAQ
What insider transaction did QUALYS (QLYS) director Jeffrey Hank report?
Director Jeffrey P. Hank reported receiving 2,628 restricted stock units of QUALYS common stock as an equity award. The grant is a non-cash compensation transaction, not an open-market purchase or sale of existing shares.
When do Jeffrey Hank’s newly granted QUALYS (QLYS) RSUs vest?
The 2,628 restricted stock units vest on the earlier of June 10, 2027, or the day before QUALYS’ 2027 annual stockholders’ meeting. Vesting requires Hank’s continued service with the company through the applicable vesting date.
Was Jeffrey Hank’s QUALYS (QLYS) Form 4 a market buy or sell?
The Form 4 reflects an equity award, not a market trade. Hank received 2,628 restricted stock units at no cash cost as compensation, so there was no open-market buying or selling of QUALYS shares in this filing.
What does transaction code "A" mean in the QUALYS (QLYS) Form 4?
Transaction code “A” indicates a grant, award, or other acquisition of securities. In this case, Jeffrey P. Hank received 2,628 restricted stock units of QUALYS common stock as an equity compensation award, rather than purchasing shares on the open market.