Kim Joo Mi 4
Research Summary
AI-generated summary
Qualys (QLYS) CFO Kim Joo Mi Receives Awards; Shares Withheld for Taxes
What Happened Kim Joo Mi, Chief Financial Officer of Qualys (QLYS), received a total of 13,837 shares on Feb 3, 2026 upon vesting of performance-based awards. To satisfy tax withholding obligations, 7,038 of those shares were withheld (treated as dispositions) at an effective price of $127.52 per share, resulting in proceeds of about $897,486. After withholding, the CFO retained a net 6,799 shares from these awards (net value roughly $867,000 at $127.52).
Key Details
- Transaction date: February 3, 2026; Form 4 filed February 5, 2026 (appears timely).
- Grants/Acquisitions (A): 5,280; 3,657; 4,796; 104 shares (total 13,837) reported as acquired upon Board determination that performance conditions were met.
- Withheld/Disposed (F): 2,683; 1,861; 2,441; 53 shares (total 7,038) withheld to cover tax liabilities at $127.52/share, totaling ~$897,486.
- Net shares retained after withholding: 6,799.
- Footnotes: Awards relate to performance share/RSU grants dated Oct 27, 2022; Oct 26, 2023; and Oct 30, 2024. Withholding entries (F) specifically reflect shares withheld for tax payments.
- Filing timeliness: No late filing indicated in the provided data.
Context
- These transactions reflect the vesting and settlement of performance-based restricted stock units (not an open-market buy or sale driven by sentiment). The withheld shares are routine tax-withholding actions and do not necessarily indicate a view on the company’s stock price.
- For retail investors, awards/vesting increase insider ownership but are administratively net of taxes; purchases (P) tend to be stronger bullish signals than award-based acquisitions.