Form 4: Qualys CFO Joo Mi Kim Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Joo Mi Kim, CFO of Qualys, Inc., disposed of 1,201 shares of common stock on April 1, 2024, to cover tax liabilities related to vesting restricted stock units.
Summary
- On April 1, 2024, Joo Mi Kim, the Chief Financial Officer of Qualys, Inc. (QLYS), disposed of 1,201 shares of common stock.
- The transaction was executed to cover the reporting person's tax liability in connection with the vesting of restricted stock units.
- The shares were disposed of at a price of $167.28 per share.
- Following the transaction, Joo Mi Kim beneficially owns 99,088 shares of Qualys, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to insider transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading disclosures, providing transparency into the transactions of company executives and directors. This transaction is related to tax obligations from vested stock, a common occurrence.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of the transaction where 1,201 shares of common stock were disposed of to cover tax liabilities. |
| 04/03/2024 | Date of signature for the Form 4 filing. |
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