Ekizian Laura L 4
Research Summary
AI-generated summary
QCRH CEO Laura Ekizian Exercises Options, Receives 718 RSU Award
What Happened
- Laura L. Ekizian, President & CEO (QCBT) of QCR Holdings, exercised/converting derivatives and received a restricted stock unit (RSU) grant. On 2026-03-01 she exercised/converted 73 shares at $53.31 per share (cash paid ≈ $3,892) and a separate 100-share derivative conversion is reported as disposed at $0 proceeds. On 2026-03-02 she was granted 718 restricted stock units (RSUs) with $0 immediate cash value (contingent award).
Key Details
- Transaction dates/prices:
- 2026-03-01: Exercise/conversion (code M) — 73 shares acquired at $53.31 ($≈3,892).
- 2026-03-01: Exercise/conversion (code M) — 100 shares disposed at $0 (reported as derivative).
- 2026-03-02: Grant/award (code A) — 718 RSUs granted at $0 (derivative award).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnotes:
- F1: Describes an RSU grant that vests in four equal annual installments beginning March 1, 2024.
- F2: Describes an RSU grant that vests in four equal annual installments beginning March 2, 2027 (applies to the 718-RSU grant).
- Filing timeliness: Form filed 2026-03-03 reporting transactions of 2026-03-01/03-02; filing appears within the normal Form 4 reporting window.
Context
- The 73-share entry is an option/derivative exercise (insider acquired shares by converting a derivative). The 100-share entry shows $0 proceeds, which means it was not a cash sale; the form does not specify the reason (e.g., net share settlement, conversion, or other non-cash transaction).
- The 718 RSUs are contingent awards (not immediately tradable shares) and will vest per the footnote schedule in annual installments starting March 2, 2027. Restricted awards and exercises are common insider compensation events and do not by themselves indicate management’s market view.