Thakar Sumedh S, CEO and president of Qualys (QLYS), has filed 76 Form 4 transactions, all of them sales. The total sell value across those filings is $16,694,931.68. There are no open-market purchases, no grants, and no option exercises in the record. The pattern is one-directional: every trade is either an open-market sale (code S) or, in one case, shares withheld to cover tax (code F).
The recent activity is concentrated in the middle of 2026. On June 29 and June 30, Sumedh sold roughly $294,384, $634,025, $339,128, and $1.3 million worth of QLYS shares. On June 26, he sold $1,180,594.24 in one transaction and another $24,220. The selling continued into July and August. July 14 brought sales of $253,860.99, $117,394.80, $31,549, and $14,930. August 14 had five separate sales totaling about $604,708.41. On September 14, the most recent filing date, he sold $86,960, $259,387.05, $48,729, $31,855, and $15,439.
The August 1 filing for $976,773 was a code F transaction, meaning shares were withheld to cover tax obligations, not a discretionary sale. The remaining 24 recent trades are all open-market sales. The dollar amounts vary widely, from a $4,507.23 sale on June 1 to a $1.3 million sale on June 30. There is no buying in the record at all. The direction is consistent across every filing: Sumedh has sold QLYS shares in each of the last four months, with the largest concentrations in late June and early September.
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