POSEY BRUCE K 4
Research Summary
AI-generated summary
Qualys CLO Bruce K. Posey Sells 65 Shares
What Happened
Bruce K. Posey, Chief Legal Officer of Qualys, sold 65 shares of QLYS stock in an open-market transaction on March 13, 2026. The weighted average sale price was $100.09 per share (range $100.04–$100.18), for total proceeds of approximately $6,506. This was a sale (S), which is commonly routine rather than a bullish signal.
Key Details
- Transaction date: March 13, 2026; Form 4 filed March 16, 2026 (timely filing).
- Shares sold: 65; weighted average price: $100.09; price range: $100.04–$100.18.
- Proceeds: about $6,506.
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: (1) Sale effected under a Rule 10b5-1 trading plan adopted Aug 21, 2025; (2) reported price is a weighted average—breakdown by per-share price available on request.
Context
Because the sale was made under a pre-established Rule 10b5-1 plan, it was likely prearranged and may not reflect a change in the insider’s view of the company. Sales by executives can be routine (e.g., for diversification or liquidity); they are informative but not definitive indicators of future company performance.