Thakar Sumedh S 4
Research Summary
AI-generated summary
Qualys (QLYS) CEO Sumedh Thakar Sells Shares
What Happened Sumedh Thakar, CEO, President and a director of Qualys, sold a total of 3,200 shares in open-market transactions on June 15, 2026. The sales break down as: 200 shares at $112.08 ($22,415), 1,500 shares at $114.31 ($171,466), and 1,500 shares at $115.66 ($173,488), for aggregate proceeds of approximately $367,369. These were sales (S) — typically routine disposition of shares rather than a purchase signal.
Key Details
- Transaction date(s): June 15, 2026; Form 4 filed June 16, 2026 (appears timely).
- Prices and totals: 200 @ $112.08 ($22,415); 1,500 @ $114.31 ($171,466); 1,500 @ $115.66 ($173,488). Aggregate ≈ $367,369.
- Shares owned after transaction: Not stated in the excerpt provided.
- Notable footnotes:
- F1: Trades were effected under a Rule 10b5-1 trading plan adopted Feb 27, 2026.
- F2–F4: Reported sale prices are weighted averages within small price ranges; detailed per-price breakdowns are available to the SEC on request.
- Transaction code: S = Sale.
Context Sales made under a pre-established 10b5-1 plan are generally considered planned dispositions and do not necessarily indicate a change in insider sentiment about the company. For retail investors, purchases tend to be more informative about insider confidence; this filing documents routine sales by the CEO under a trading plan.