POSEY BRUCE K 4

What Happened

• Bruce K. Posey, Chief Legal Officer of Qualys, sold a total of 481 shares in open-market transactions on February 20, 2026. The reported line-item sales were 210 shares at $103.13 ($21,658), 175 shares at $104.02 ($18,203), and 96 shares at $105.09 ($10,089), for aggregate proceeds of about $49,950. These were disposals (sales), not purchases.

Key Details

• Transaction date: February 20, 2026; Form 4 filed February 24, 2026 (appears timely).
• Reported sales: 210 @ $103.13; 175 @ $104.02; 96 @ $105.09 (total 481 shares; total ≈ $49,950).
• Footnotes of note:
  • The sales were made under a pre-established Rule 10b5-1 trading plan adopted August 21, 2025 (F1).
  • The filing provides weighted-average price ranges for the grouped sales (F2: ~$102.88–$103.78; F4: ~$103.90–$104.30; F5: ~$105.02–$105.32). Full per-price breakdowns are available to the SEC on request.
  • Footnote F3 notes 194 shares were acquired on Feb 15, 2026 via the company ESPP and were transaction-exempt under Rule 16b-3.
• Shares owned after the transaction: not specified in the excerpt provided.

Context

• The 10b5-1 plan indicates these sales were executed under a pre-set schedule, which is commonly used by insiders to sell holdings without timing the market; it reduces—but does not eliminate—direct inference about insider sentiment. Sales are routine disposition events and, by themselves, do not necessarily signal negative views about the company.