QLYS Form 4: Bruce Posey Disposes 525 Shares via 10b5-1 Plan
Rhea-AI Filing Summary
Bruce K. Posey, Chief Legal Officer of Qualys, Inc. (QLYS), reported two share dispositions executed on 09/22/2025 under a Rule 10b5-1 trading plan adopted on August 21, 2024. The Form 4 shows a sale of 270 shares at a weighted-average price of $135.9405, followed by a sale of 255 shares at a weighted-average price of $136.4424. The filing discloses ranges for the underlying prices: $135.28–$136.24 and $136.29–$136.63, and lists the reporter's beneficial ownership after the trades as 57,570 and 57,315 shares respectively. The Form is signed and dated 09/23/2025.
Positive
- Transaction executed under a Rule 10b5-1 plan, indicating the trades were pre-scheduled
- Form 4 filed and signed, demonstrating timely insider disclosure and regulatory compliance
- Post-transaction beneficial ownership disclosed (57,570 and 57,315 shares), providing transparency
Negative
- Insider sold shares (270 and 255 shares), which reduces the reporting person's holdings
- Specific per-price allocations not disclosed; only weighted-average prices and ranges are provided
Insights
TL;DR: Routine insider sales under a pre-established 10b5-1 plan; no new operational or earnings information disclosed.
The filing documents two small, planned dispositions by the Chief Legal Officer implemented under a Rule 10b5-1 plan adopted in August 2024. The sales were executed on 09/22/2025 at reported weighted-average prices of $135.9405 and $136.4424, with disclosed price ranges. Because these trades were made pursuant to a 10b5-1 plan, they appear pre-scheduled and do not, by themselves, indicate new material information about Qualys' business or financial condition.
TL;DR: Governance process followed: trades reported on Form 4 and executed under a documented 10b5-1 plan.
The report shows compliance with insider trading disclosure requirements: the reporting person identified the 10b5-1 plan adoption date and provided price-range disclosure and post-transaction beneficial ownership counts. The timely filing (signed 09/23/2025) and explanation of weighted-average pricing align with standard disclosure practices. This is a procedural disclosure rather than a governance event signaling change in control or leadership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 270 | $135.9405 | $37K |
| Sale | Common Stock | 255 | $136.4424 | $35K |
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 $135.28 to $136.24 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 $136.29 to $136.63 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.