Form 4: Qualys Director John Zangardi Receives Stock Grant
Director Equity Grant
Qualys, Inc. director John A. Zangardi was granted 2,628 restricted stock units as part of his compensation package.
Summary
- Director John A. Zangardi acquired 2,628 restricted stock units (RSUs) on June 10, 2026.
- The grant was issued at a price of $0 per share.
- The RSUs are scheduled to vest on the earlier of June 10, 2027, or the day before the 2027 annual meeting of stockholders.
- Following this transaction, the director holds 6,699 shares directly and 5 shares indirectly through his son.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial health.
Positives
- The grant aligns the director's interests with long-term shareholder value through equity-based compensation.
Negatives
- None identified.
Risks
- Vesting is subject to the director's continued service through the specified date.
Future Outlook
The director's equity stake is subject to a one-year vesting period, contingent upon continued service to the company.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice in the technology sector to ensure alignment with shareholder interests.
Comparison to Industry Standards
- The grant of restricted stock units to directors is consistent with standard compensation practices for publicly traded software and cybersecurity companies.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity compensation event.
Next Steps
- Vesting of the 2,628 restricted stock units on June 10, 2027, or the day before the 2027 annual meeting.
Key Dates
| Date | Description |
|---|---|
| 06/10/2026 | Date of the RSU grant transaction. |
| 06/11/2026 | Date the Form 4 was filed with the SEC. |
| 06/10/2027 | Scheduled vesting date for the restricted stock units. |
Keywords
Qualys, QLYS, Form 4, Insider Trading, Director Compensation, Restricted Stock Units
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