Lee Nicole A 4
Research Summary
AI-generated summary
QCRH EVP Nicole Lee Exercises Options, Receives RSU Award
What Happened
- Nicole A. Lee, EVP and Chief HR Officer of QCR Holdings, exercised derivative rights on March 1, 2026 to acquire 52 shares at $56.79 per share (total cost ~$2,953). The same day 71 shares were reported disposed at $0 (commonly reflects shares surrendered/withheld for taxes). On March 2, 2026 she was granted 754 restricted stock units (RSUs) with no immediate cash value.
Key Details
- Transaction dates and prices:
- 2026-03-01: Exercise — 52 shares acquired @ $56.79 (total ~$2,953).
- 2026-03-01: 71 shares disposed @ $0 (reported as derivative — commonly tax withholding).
- 2026-03-02: Grant — 754 RSUs awarded @ $0 (no immediate cash outlay).
- Shares owned after transaction: Not disclosed in this filing.
- Footnotes: Two RSU footnotes note these are restricted stock units (each RSU converts to one share or cash equivalent). One grant vests in four annual installments beginning 3/1/2025; the new 754-RSU grant vests in four annual installments beginning 3/2/2027.
- Filing timeliness: Form filed 2026-03-03 reporting trades on 2026-03-01/03-02; no late filing indication in the report.
Context
- The March 1 activity reflects an option exercise (a purchase/acquisition of shares by paying the exercise price). The subsequent 71-share disposal reported at $0 is most often withholding to cover taxes from the exercise or vesting event rather than a market sale. The March 2 entry is an RSU award that vests over time and does not represent an immediate market purchase or sale.