Kim Joo Mi 4
Research Summary
AI-generated summary
Qualys (QLYS) CFO Kim Joo Mi Sells Shares
What Happened
Kim Joo Mi, Chief Financial Officer of Qualys, reported disposals totaling 6,183 shares (≈ $828,255) in early February 2026. On Feb 1, 2026, 2,769 shares were withheld to cover taxes related to RSU vesting (2,769 x $131.90 = $365,231). On Feb 2, 2026, she sold 3,414 shares in three open-market transactions (2,108 shares @ $135.05 = $284,679; 1,006 shares @ $136.37 = $137,188; 300 shares @ $137.19 = $41,157). These disposals are sales/routine tax withholding rather than purchases.
Key Details
- Transaction dates: Feb 1, 2026 (tax withholding); Feb 2, 2026 (open-market sales). Filing date: Feb 3, 2026.
- Total shares disposed: 6,183; total proceeds/values reported ≈ $828,255.
- Open-market sale note: sales were effected pursuant to a Rule 10b5-1 trading plan adopted Aug 12, 2025 (Footnote F2).
- Tax withholding: 2,769 shares were surrendered to cover tax liability on RSU vesting (Footnote F1).
- Reported per-share amounts and weighted-price ranges: sales listed at $135.05, $136.37 and $137.19; footnotes provide weighted-average price ranges for the sold blocks (F3–F5) and offer to supply breakdowns on request.
- Shares owned after the transactions are not specified in the provided filing.
Context
The withholding reflects tax withholding on vested restricted stock units (a common, non-market-driven disposal). The open-market sales were made under a pre-established 10b5-1 plan, which typically indicates trades were scheduled in advance. Sales by executives are common and do not by themselves indicate a change in company outlook.