Qualys (QLYS) legal chief sells 1,000 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QUALYS, INC. chief legal officer Bruce K. Posey reported an open-market sale of 1,000 shares of common stock at $155.00 per share. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 21, 2025. Following this sale, he directly holds 63,571 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,000 shares ($155,000)
Net Sell
1 txn
Insider
POSEY BRUCE K
Role
CHIEF LEGAL OFFICER
Sold
1,000 shs ($155K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $155.00 | $155K |
Holdings After Transaction:
Common Stock — 63,571 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,000 shares
Sale price per share: $155.00 per share
Shares held after sale: 63,571 shares
3 metrics
Shares sold
1,000 shares
Open-market sale on July 6, 2026
Sale price per share
$155.00 per share
Common stock transaction
Shares held after sale
63,571 shares
Direct ownership following transaction
Key Terms
Rule 10b5-1 trading plan, open-market sale, Form 4
3 terms
Rule 10b5-1 trading plan regulatory
"The sale transaction ... was effected pursuant to a Rule 10b5-1 trading plan adopted"
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""
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.
Form 4 regulatory
"The sale transaction reported in this Form 4 was effected pursuant"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Qualys (QLYS) disclose in this Form 4?
Qualys reported that chief legal officer Bruce K. Posey sold 1,000 shares of common stock at $155.00 per share. The transaction was an open-market sale and was executed under a pre-arranged Rule 10b5-1 trading plan.
Was the Qualys (QLYS) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the sale was effected under a Rule 10b5-1 trading plan adopted by Bruce K. Posey on August 21, 2025. Such plans pre-schedule trades to help manage potential insider trading concerns.
What role does Bruce K. Posey hold at Qualys (QLYS)?
Bruce K. Posey serves as Chief Legal Officer of Qualys. As an executive officer, his trades in Qualys common stock must be reported on Form 4, providing transparency into his equity transactions in the company.