QUALYS, INC.·4

Feb 5, 4:30 PM ET

POSEY BRUCE K 4

Research Summary

AI-generated summary

Updated

Qualys (QLYS) CLO Bruce Posey Receives Stock Awards

What Happened

  • Bruce K. Posey, Chief Legal Officer of Qualys (QLYS), received a total of 8,113 shares as performance-based awards that vested on Feb 3, 2026 (acquisition price $0.00). To cover tax withholding, 3,645 shares were surrendered/disposed at $127.52 per share, generating proceeds/withholding of about $464,811. The awards relate to performance grants made in Oct 2022, Oct 2023 and Oct 2024 (per footnotes).

Key Details

  • Date of transactions: February 3, 2026 (filed Feb 5, 2026 — timely).
  • Awards vested: 8,113 shares acquired (reported at $0.00 per share).
  • Shares withheld for taxes (disposed): 3,645 shares at $127.52 each, totaling ~$464,811 (breakouts shown on the Form 4).
  • Footnotes: acquisitions reflect determination that performance conditions were met for awards granted Oct 27, 2022; Oct 26, 2023; and Oct 30, 2024. Withheld shares were used to satisfy tax liabilities on those vestings.
  • Shares owned after the transaction: not specified in the provided summary of this filing.

Context

  • These transactions are vesting of performance share units (awards), not open-market buys or discretionary sales. The withholding of shares for taxes is a routine, administrative step (reported as code F), not a market sale by the insider.
  • For retail investors, awards + withholding typically reflect compensation vesting rather than an insider expressing a buy/sell view.