Thakar Sumedh S 4

What Happened
Sumedh S. Thakar, CEO & President and a director of Qualys, sold a total of 30,000 shares on June 30, 2026 in three open-market transactions. The sales were: 10,000 shares at $130.00 ($1,300,000), 10,000 shares at $135.00 ($1,350,000), and 10,000 shares at $140.00 ($1,400,000), for aggregate proceeds of approximately $4.05 million. These were sales (not purchases), which are often routine liquidity events rather than bullish signals.

Key Details

• Transaction date: June 30, 2026 (filed on July 1, 2026; filing appears timely).
• Individual trades:
  • 10,000 shares @ $130.00 = $1,300,000
  • 10,000 shares @ $135.00 = $1,350,000
  • 10,000 shares @ $140.00 = $1,400,000
• Total sold: 30,000 shares for ~$4.05M.
• Shares owned after transaction: not specified in the Form 4 filing.
• Footnote: Sales were effected under a Rule 10b5-1 trading plan adopted by Thakar on February 27, 2026 (pre-arranged trading plan).

Context
A 10b5-1 plan lets insiders execute pre-scheduled trades and is commonly used to avoid timing questions; it does not necessarily reflect current views on the company. Sales reduce insider holdings but, by themselves, do not indicate company performance. For retail investors, purchases by insiders are often considered more informative than routine sales.