Berquist Thomas 4
Research Summary
AI-generated summary
Qualys Director Thomas Berquist Receives 2,628-Share Award
What Happened
Thomas Berquist, a director of Qualys, Inc. (QLYS), was granted 2,628 restricted stock units (reported as an acquisition) on June 10, 2026. The RSUs were granted at $0.00 consideration (typical for an equity award); no cash changed hands at grant.
Key Details
- Transaction type: Award/Grant (Code A) — 2,628 RSUs acquired on 2026-06-10 at $0.00 (total reported consideration $0).
- Filing: Form 4 filed 2026-06-11 for a transaction on 2026-06-10 (filed timely).
- Shares owned after transaction: Not specified in the excerpt of the filing.
- Vesting/footnote: These RSUs vest on the earlier of (i) June 10, 2027 or (ii) the day before the issuer’s 2027 annual meeting of stockholders, subject to Berquist’s continued service through the vesting date.
- Nature of award: Restricted stock units (derivative award that converts to shares upon vesting).
Context
RSUs are compensation awards that represent a promise to deliver shares if and when vesting conditions are met; they are not an immediate open-market purchase or sale and typically do not indicate immediate trading intent. This grant increases potential future share holdings if the RSUs vest, but it does not involve an immediate cash outlay or share sale.