Qualys (QLYS) CEO Sumedh Thakar Sells Shares

What Happened Sumedh S. Thakar, CEO, President and a director of Qualys, sold a total of 3,200 shares in five open-market transactions on August 14, 2026, generating aggregate proceeds of approximately $604,708. The individual transactions reported were:

• 406 shares at $186.28 — $75,628
• 794 shares at $188.07 — $149,326
• 1,300 shares at $189.41 — $246,232
• 600 shares at $190.49 — $114,295
• 100 shares at $192.27 — $19,227

These were sales (S), not purchases — commonly considered routine insider selling rather than a bullish signal.

Key Details

• Transaction date: August 14, 2026; Form 4 filed August 17, 2026 (appears timely).
• Total shares sold: 3,200; total proceeds: ~$604,708.
• Footnotes: F1 indicates the trades were effected pursuant to a Rule 10b5‑1 trading plan adopted Feb 27, 2026. F2–F6 describe the weighted-average price ranges for each lot (details and per-price breakdowns available on request to the SEC).
• Shares owned after transaction: not provided in the summary data above — see the Form 4 filing for post-transaction holdings.
• Transaction code: S = Sale.

Context Rule 10b5‑1 trading plans allow insiders to pre-schedule sales (reducing the inference that a sale reflects current sentiment). For retail investors, purchases generally carry more weight as potential insider confidence signals; pre-planned or routine sales like these are often part of diversification or liquidity planning rather than an indicator to act. Always check the full Form 4 for post-sale ownership and any additional disclosures before making investment decisions.