Form 4: Qualys CFO Sells Shares Under 10b5-1 Plan

Qualys' Chief Financial Officer, Joo Mi Kim, reported the sale of 3,414 shares of common stock and the withholding of 2,769 shares for tax liability, all under a pre-arranged trading plan.

Summary

• Joo Mi Kim, Chief Financial Officer of Qualys, Inc. (QLYS), reported transactions involving the company's common stock.
• On February 1, 2026, 2,769 shares of common stock were withheld at a price of $131.9 per share to cover tax liabilities related to the vesting of restricted stock units.
• On February 2, 2026, a total of 3,414 shares of common stock were sold in three separate transactions under a Rule 10b5-1 trading plan adopted on August 12, 2025.
• The sales on February 2, 2026, included 2,108 shares at a weighted average price of $135.0468, 1,006 shares at a weighted average price of $136.37, and 300 shares at a weighted average price of $137.1908.
• Following these transactions, Joo Mi Kim beneficially owns 88,489 shares of Qualys common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, typical for executive compensation and personal financial planning, especially given the pre-arranged 10b5-1 plan.

Positives

• The sales were conducted under a pre-arranged Rule 10b5-1 trading plan, indicating a planned and systematic approach to managing personal holdings rather than opportunistic selling.

Negatives

• The Chief Financial Officer reduced her direct beneficial ownership in the company by a total of 6,183 shares (2,769 for tax withholding and 3,414 through sales).

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Management Comments

• The sale transactions reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 12, 2025.

Industry Context

StockSavvy.ai notes that insider sales under a Rule 10b5-1 plan are a common practice for executives to manage personal finances, diversify holdings, and cover tax obligations from equity compensation. These plans are pre-scheduled to mitigate concerns about trading on material non-public information. This is a routine disclosure for a public company CFO.

Stakeholder Impact

• Shareholders: The sale of 3,414 shares and withholding of 2,769 shares represents a minor reduction in the CFO's direct stake, which is unlikely to have a significant impact on overall shareholder value or perception, especially given the pre-planned nature of the sales.

Key Dates

Recommendation

The filing details routine insider transactions by the CFO, including tax-related withholdings and sales under a pre-arranged 10b5-1 plan. These transactions are not indicative of a change in company fundamentals or management's outlook, and therefore do not warrant a change in investment recommendation based solely on this filing. Investors should continue to hold based on broader company performance and market conditions.

Keywords

Qualys, QLYS, Insider Trading, Form 4, Stock Sale, CFO, Joo Mi Kim, 10b5-1 Plan, Restricted Stock Units, Tax Withholding