Qualys (NASDAQ: QLYS) director awarded 2,628 restricted stock units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QUALYS, INC. director Thomas Berquist reported an equity compensation grant in the form of restricted stock units tied to the company’s common stock. He was awarded 2,628 restricted stock units, with no cash paid per unit.
These units vest on the earlier of June 10, 2027 or the day before Qualys’ 2027 annual meeting of stockholders, subject to his continued service through the vesting date. Following this award, Berquist’s direct holdings in Qualys common stock total 7,720 shares, showing this is a routine compensation-related acquisition rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Berquist Thomas
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,628 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 7,720 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 2,628 units
Grant price: $0.0000 per unit
Holdings after grant: 7,720 shares
+1 more
4 metrics
RSU grant size
2,628 units
Restricted stock units granted to director on June 10, 2026
Grant price
$0.0000 per unit
Equity compensation award, no cash paid by director
Holdings after grant
7,720 shares
Total direct Qualys common stock holdings after transaction
Vesting date
June 10, 2027
Or the day before the 2027 annual meeting, whichever is earlier
Key Terms
restricted stock units, vesting, annual meeting of stockholders, equity compensation
4 terms
restricted stock units financial
"The reported securities represent restricted stock units which vest on the earlier of (i) June 10, 2027..."
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.
vesting 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..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
annual meeting of stockholders financial
"the day before the Issuer's 2027 annual meeting of stockholders, subject to the Reporting Person's continued service..."
equity compensation financial
"The reported securities represent restricted stock units which vest... subject to the Reporting Person's continued service..."
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
FAQ
What insider transaction did Qualys (QLYS) director Thomas Berquist report?
Thomas Berquist reported receiving 2,628 restricted stock units of Qualys common stock as an equity award. The units were granted at no cash cost and are structured as part of his director compensation, rather than as an open-market stock purchase or sale.
When do Thomas Berquist’s new Qualys (QLYS) restricted stock units vest?
The 2,628 restricted stock units vest on the earlier of June 10, 2027 or the day before Qualys’ 2027 annual stockholder meeting. Vesting is contingent on Berquist’s continued service as a director through the applicable vesting date, aligning his incentives with long-term company performance.
Was the Qualys (QLYS) insider transaction a market purchase or sale?
The transaction was an acquisition via grant of 2,628 restricted stock units, not a market purchase or sale. The Form 4 uses transaction code “A,” indicating a grant or award as compensation rather than trading activity in the open market by the director.
What conditions apply to Thomas Berquist’s new Qualys (QLYS) restricted stock units?
The restricted stock units are subject to service-based vesting. They vest on the earlier of June 10, 2027 or the day before the 2027 annual meeting, provided Berquist continues serving Qualys through that date, which encourages long-term board service and alignment with shareholders.