Form 4: Qualys Director Wendy Pfeiffer Sells Shares Under 10b5-1 Trading Plan

Director Wendy Pfeiffer of Qualys, Inc. executed sales of common stock on May 24, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Wendy Pfeiffer, a director at Qualys, Inc., sold shares of common stock on May 24, 2024.
• The sales were executed under a Rule 10b5-1 trading plan adopted on February 23, 2024.
• A total of 2,000 shares were sold in two transactions at weighted average prices of $145.2234 and $146.3771.
• Following the transactions, Pfeiffer directly owns 8,490 shares of Qualys common stock.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock sales by a company director under a pre-arranged trading plan, indicating a neutral sentiment.

Industry Context

Sales by company directors are a common occurrence and are often related to personal financial planning rather than a reflection on the company's prospects. Rule 10b5-1 plans allow insiders to sell shares at predetermined times and prices to avoid accusations of insider trading.

Stakeholder Impact

• The stock sales may have a minor impact on shareholders due to the increased supply of shares in the market.

Key Dates