Kim Joo Mi 4
Research Summary
AI-generated summary
Qualys (QLYS) CFO Kim Joo Mi Sells 1,627 Shares
What Happened
Kim Joo Mi, Chief Financial Officer of Qualys, sold 1,627 shares of QLYS on May 19, 2026. The shares were disposed at a weighted average price of $100.17 per share (range $100.00–$100.85), for total proceeds of approximately $162,976. This was a sale (not a purchase), which is often routine insider selling rather than a bullish signal.
Key Details
- Transaction date: 2026-05-19; Form 4 filed: 2026-05-21 (filed within the standard two-business-day window).
- Price: weighted average $100.17 per share; reported range $100.00 to $100.85 (the filer will provide per-price breakdown to the SEC on request).
- Shares sold: 1,627; proceeds ≈ $162,976.
- Shares owned after transaction: Not specified in the provided filing data.
- Notable footnote: Sale was executed under a Rule 10b5-1 trading plan adopted August 12, 2025 (prearranged trades).
Context
10b5-1 plans allow insiders to sell shares according to a preset plan and are commonly used to avoid timing accusations; such sales are generally viewed as routine and do not necessarily reflect the insider’s current view of the company. For retail investors, purchases tend to be more informative about insider conviction than single routine sales.