QCR HOLDINGS INC·4

Feb 2, 5:22 PM ET

GIPPLE TODD A 4

Research Summary

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Updated

QCRH President & CFO Todd Gipple Exercises Options, Sells 8,590 Shares

What Happened

  • Todd A. Gipple, President, Chief Financial Officer and a director of QCR Holdings, exercised 8,590 stock options (Form 4 transaction code M) at an exercise price of $22.64 per share (total exercise cost $194,478) on 2026-01-30.
  • The same day he sold those 8,590 shares in an open-market transaction at $89.92 per share for gross proceeds of $772,437 (transaction code S). The option instrument was reported disposed at $0, reflecting the option’s conversion/termination.
  • This is a same-day (cashless) exercise and sale: he acquired shares by exercising options then immediately sold them, a commonly used way to realize gains from vested options.

Key Details

  • Transaction date: 2026-01-30; Form filed: 2026-02-02.
  • Exercise: 8,590 shares at $22.64 = $194,478 (cash paid to exercise).
  • Sale: 8,590 shares at $89.92 = $772,437 (gross proceeds).
  • Net proceeds before taxes/fees (approx.): $772,437 − $194,478 = $577,959.
  • Footnote: F1 indicates this was a same-day sale in connection with a stock option exercise.
  • Shares owned after the transaction: not reported in the provided filing details.
  • No indication in the provided data that the filing was late.

Context

  • Because the shares were sold the same day they were acquired via option exercise, this is a cashless exercise/sale rather than a long-term buy or signal of increased insider ownership.
  • Same-day exercises followed by sales are routine for executives to convert vested option value into cash and do not necessarily indicate a change in sentiment about the company.