Form 4: Qualys CFO Joo Mi Kim Sells Shares Under 10b5-1 Trading Plan
SEC Filing Form 4
Joo Mi Kim, CFO of Qualys, Inc., sold 4,487 shares of common stock at $140 per share on February 10, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On February 10, 2025, Joo Mi Kim, the Chief Financial Officer of Qualys, Inc., sold 4,487 shares of Qualys common stock.
- The sale was executed at a price of $140 per share.
- The transaction was conducted under a Rule 10b5-1 trading plan adopted on August 21, 2024.
- Following the transaction, Kim directly owns 112,757 shares of Qualys common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine stock sale under a pre-arranged trading plan. It doesn't inherently indicate positive or negative news about the company's performance.
Industry Context
Insider sales are a common occurrence, and the use of a 10b5-1 plan suggests the sale was pre-planned and not based on any specific non-public information.
Stakeholder Impact
- The stock sale could have a minor impact on shareholders due to the increased supply of shares, but the effect is likely minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 2024-08-21 | Date of adoption of Rule 10b5-1 trading plan |
| 2025-02-10 | Date of stock sale transaction |
| 2025-02-11 | Date of Form 4 filing |
Keywords
Qualys, Joo Mi Kim, QLYS, Form 4, insider trading, Rule 10b5-1, CFO, stock sale, securities
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