QLYS Form 4: Bruce Posey Reports 525-Share Sale via 10b5-1 Plan
Rhea-AI Filing Summary
Bruce K. Posey, Chief Legal Officer of Qualys, Inc. (QLYS), reported sales of common stock on 08/20/2025 executed under a Rule 10b5-1 trading plan adopted on 08/21/2024. The Form 4 discloses three sale entries: 308 shares at a weighted average price of $131.8922, 192 shares at $132.7383, and 25 shares at $133.618, leaving the reporting person with 57,840 shares beneficially owned after the transactions.
The filing indicates the sales were planned pursuant to the pre-established 10b5-1 plan and provides price ranges for the component trades. The reporting person signed the Form 4 on 08/21/2025. All information above is taken directly from the filed Form 4.
Positive
- Transactions were executed under a Rule 10b5-1 plan, indicating pre-planned, procedural sales
- Filing provides weighted average prices and price ranges for transparency
- Form 4 is signed and filed, meeting disclosure requirements
Negative
- Officer sold 525 shares, reducing beneficial ownership to 57,840 shares
- No information on total percentage ownership of the company is provided in this filing
Insights
TL;DR: Insider sales were executed under a pre-established 10b5-1 plan; transaction sizes are modest relative to typical insider holdings.
The filing shows scheduled dispositions by the Chief Legal Officer executed under a Rule 10b5-1 plan adopted in August 2024. The reported sales total 525 shares across three trades at weighted average prices between $131.89 and $133.62, resulting in 57,840 shares remaining beneficially owned. From a regulatory and governance perspective, use of a 10b5-1 plan signals the transactions were pre-planned to avoid timing concerns. The filing contains explicit per-trade weighted average prices and ranges and is procedurally complete.
TL;DR: Disclosure is compliant and transparent about the 10b5-1 plan and weighted-average pricing ranges.
The Form 4 clearly states the trades were effected pursuant to a Rule 10b5-1 trading plan and provides weighted average prices and price ranges for each reported sale. The reporting person attested and signed the Form 4 on 08/21/2025. There are no derivative transactions reported and the filing identifies the reporting person as an officer (Chief Legal Officer). This is a routine, non-material disclosure in the absence of other context in the filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 308 | $131.8922 | $41K |
| Sale | Common Stock | 192 | $132.7383 | $25K |
| Sale | Common Stock | 25 | $133.618 | $3K |
Footnotes (1)
- The sale transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 21, 2024. The sale price represents the weighted average price of the shares sold ranging from $131.40 to $132.31 per share. Upon request by the Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4. The sale price represents the weighted average price of the shares sold ranging from $132.44 to $133.30 per share. Upon request by the Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4. The sale price represents the weighted average price of the shares sold ranging from $133.45 to $133.73 per share. Upon request by the Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
FAQ
What transactions did Bruce K. Posey file for QLYS on Form 4?
Were the sales by the QLYS reporting person pre-planned under a trading plan?
What prices were reported for the QLYS insider sales?
Did the Form 4 report any derivative transactions for QLYS?