Gibson Kurt A 4

What Happened Kurt A. Gibson, CEO (CSB) of QCR Holdings, exercised/converted derivatives on March 1, 2026, acquiring 473 shares in three exercise transactions for a total cash cost of about $25,825. In the same activity, 641 shares were reported disposed at $0.00 (derivative disposition), which is consistent with shares being surrendered/withheld in connection with the transaction (commonly for tax withholding). On March 2, 2026, Gibson received a grant of 648 restricted stock units (RSUs) that will convert into shares (or cash equivalent) subject to vesting.

Key Details

• Exercise/Acquisitions (2026-03-01):
  • 162 shares @ $53.87 — $8,727
  • 149 shares @ $56.79 — $8,462
  • 162 shares @ $53.31 — $8,636
  • Total acquired: 473 shares; total cash paid ≈ $25,825
• Dispositions (likely tax withholding) (2026-03-01):
  • 213 shares @ $0.00
  • 222 shares @ $0.00
  • 206 shares @ $0.00
  • Total withheld/surrendered: 641 shares
• RSU Grant (2026-03-02):
  • 648 RSUs @ $0.00 (Footnote F4)
• Shares owned after transaction: Not provided in the supplied filing data.
• Filing timeliness: Report filed March 3, 2026 for transactions on March 1–2, 2026 — appears timely (Form 4 is generally due within two business days).
• Footnotes: F1–F4 indicate these are restricted stock unit grants; each RSU converts to one share (or cash equivalent) and vests in four annual equal installments (F4 vests beginning March 2, 2027; F1–F3 have vesting start dates of March 1 in 2024, 2023 and 2025, respectively).

Context

• The March 1 activity is an exercise/conversion of derivatives (transaction code M). The simultaneous $0.00 disposals are typically net share settlement or withholding to cover taxes and do not necessarily indicate an open-market sale.
• The March 2 entry is an RSU award (transaction code A); RSUs are time‑based compensation and vest according to the footnoted schedules, so they are not immediate market purchases.
• These transactions are routine insider equity actions (exercises and RSU grant/settlement). They are factual disclosures — they do not by themselves indicate management’s view of the company’s future performance.