Qualys (QLYS) legal chief has 2,269 shares withheld to pay taxes
Rhea-AI Filing Summary
Bruce K. Posey, Chief Legal Officer of QUALYS, INC., reported a tax-withholding disposition of 2,269 shares of common stock on August 1, 2026, at $144.75 per share. The shares were withheld to cover taxes on vesting restricted stock units, leaving him with 60,420 directly held shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,269 shares
Net Sell
1 txn
Insider
POSEY BRUCE K
Role
CHIEF LEGAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 2,269 | $144.75 | $328K |
Holdings After Transaction:
Common Stock — 60,420 shares (Direct)
Footnotes (1)
- F1. The reported shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units.
Key Figures
Shares withheld for taxes: 2,269 shares
Implied share value: $144.75 per share
Shares owned after transaction: 60,420 shares
3 metrics
Shares withheld for taxes
2,269 shares
Common stock withheld on August 1, 2026 to cover tax liability on RSU vesting
Implied share value
$144.75 per share
Value used for the tax-withholding disposition of 2,269 shares
Shares owned after transaction
60,420 shares
Directly held Qualys common shares by Bruce K. Posey following the tax withholding
Key Terms
restricted stock units, tax liability, withholding securities
3 terms
restricted stock units financial
"withheld to cover the Reporting Person's 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.
tax liability financial
"shares were withheld to cover the Reporting Person's tax liability in connection with RSU vesting"
withholding securities financial
"Payment of tax liability by delivering or withholding securities"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Qualys (QLYS) report for Bruce K. Posey?
Bruce K. Posey, Chief Legal Officer of Qualys, reported that 2,269 shares of common stock were withheld on August 1, 2026 to satisfy his tax liability from vesting restricted stock units, at an implied price of $144.75 per share, rather than sold on the open market.
Was Bruce K. Posey’s Qualys (QLYS) transaction an open-market sale?
No. The 2,269 shares were withheld by Qualys to cover Bruce K. Posey’s tax liability from vesting restricted stock units at $144.75 per share, a tax-withholding disposition instead of a discretionary sale into the market.
Did Bruce K. Posey’s Qualys (QLYS) transaction occur under a Rule 10b5-1 plan?
The Rule 10b5-1 checkbox on the insider report was not marked, so this tax-withholding disposition is not characterized there as occurring under a pre-arranged trading plan, and instead reflects shares withheld to cover taxes on RSU vesting.