Form 4: Qualys CFO Joo Mi Kim Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Joo Mi Kim, CFO of Qualys, Inc., sold shares of common stock between April 8th and April 9th, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- Joo Mi Kim, the Chief Financial Officer of Qualys, Inc., reported the sale of company stock.
- The transactions occurred on April 8th and April 9th, 2025.
- A total of 1,493 shares of common stock were sold.
- The sales were executed under a Rule 10b5-1 trading plan adopted on August 21, 2024.
- The prices per share ranged from approximately $120.01 to $127.04.
- Following the reported transactions, Kim directly owns 105,740 shares of Qualys common stock.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing regarding stock sales by an insider under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Sales by company insiders are a common occurrence and are often pre-planned through 10b5-1 trading plans to avoid accusations of trading on material non-public information. The market typically views these sales in the context of the overall insider ownership and the reasons behind the selling activity.
Stakeholder Impact
- The stock sale could have a minor impact on shareholders due to the increased supply of shares in the market.
- The impact is likely to be minimal given the relatively small number of shares sold and the pre-planned nature of the transactions.
Key Dates
| Date | Description |
|---|---|
| 2024-08-21 | Date of adoption of Rule 10b5-1 trading plan |
| 2025-04-08 | Date of first stock sale |
| 2025-04-09 | Date of subsequent stock sales |
| 2025-04-10 | Date of Form 4 filing |
Keywords
Qualys, QLYS, Joo Mi Kim, CFO, stock sale, Form 4, 10b5-1 plan, insider trading
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.