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.