Qualys (QLYS) CEO Sumedh Thakar Sells 3,200 Shares

What Happened

• Sumedh Thakar, CEO & President (and Director) of Qualys, sold a total of 3,200 shares in open-market transactions on September 14, 2026. The sales were executed in multiple lots at prices ranging from $154.39 to $174.71, producing total reported proceeds of $544,152. These were dispositions (code S) — routine sales rather than purchases.

Key Details

• Transaction date: 2026-09-14; Form 4 filed: 2026-09-15 (filed one day after the trades; appears timely).
• Trades (lot / price / proceeds):
  • 100 shares @ $154.39 = $15,439
  • 200 shares @ $159.28 = $31,855
  • 300 shares @ $162.43 = $48,729
  • 100 shares @ $165.94 = $16,594
  • 100 shares @ $167.58 = $16,758
  • 200 shares @ $169.34 = $33,869
  • 100 shares @ $170.90 = $17,090
  • 1,500 shares @ $172.92 = $259,387
  • 500 shares @ $173.92 = $86,960
  • 100 shares @ $174.71 = $17,471
• Shares owned after the transaction: not specified in the details you provided (see the full Form 4 for current holdings).
• Notable footnotes:
  • F1 — These sales were effected pursuant to a Rule 10b5-1 trading plan adopted Feb 27, 2026.
  • F2–F6 — Certain price entries are reported as weighted-average ranges for groups of shares; the filer says detailed per-price breakdown will be provided to the SEC on request.

Context

• A 10b5-1 plan allows insiders to pre-schedule trades and is commonly used to avoid allegations of trading on material nonpublic information; sales under such a plan are often routine and not necessarily a signal about the company’s outlook. Code S = Sale.
• For retail investors, purchases by insiders generally carry more informational weight than routine sales; check the full Form 4 for post-transaction holdings and any patterns of insider activity over time.