McNew Monte C 4
4 · QCR HOLDINGS INC · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
QCRH CEO Monte C. McNew Exercises Options, Receives RSU Award
What Happened
Monte C. McNew, President & CEO of QCR Holdings, exercised derivative awards on March 1, 2026, acquiring 453 shares in three exercises (168 @ $53.87, 148 @ $53.31, 137 @ $56.79) for a combined cash outlay of about $24,720. The filing also shows derivative positions totaling 632 shares listed as disposed at $0 (related to the exercise/conversion mechanics). On March 2, 2026, McNew was granted 547 restricted stock units (RSUs) (no cash paid).
Key Details
- Transaction dates/prices:
- 2026-03-01: Exercised/conversion (code M) — 168 shares @ $53.87 ($9,050); 148 shares @ $53.31 ($7,890); 137 shares @ $56.79 ($7,780).
- 2026-03-01: Derivative disposals (code M) — 207, 233, and 192 shares listed at $0 (total 632 shares).
- 2026-03-02: Grant/award (code A) — 547 RSUs @ $0.
- Shares owned after transaction: Not specified in the provided filing data.
- Footnotes (from the filing):
- F1–F3: Describe RSU grants; each RSU represents a right to one share (or cash equivalent) and vests in four annual installments beginning 3/1/2024 (F1), 3/1/2023 (F2), and 3/1/2025 (F3).
- F4: Describes the 547 RSU grant (vests in four annual installments beginning 3/2/2027); settlement is anticipated to be in cash.
- Timeliness: Reported 2026-03-03 for transactions on 2026-03-01 and 2026-03-02 (appears timely under Section 16 reporting rules).
Context
- Transaction codes: M = exercise/conversion of derivative (options/units); A = award/grant (RSUs). The filing shows exercises and an RSU grant — not an open-market sale.
- The derivative disposals listed at $0 are part of the exercise/conversion entries in the filing (common in net-settlement or conversion mechanics); the filing does not show any cash sales of shares.
- RSU awards vest over multiple years per the footnotes; F4 indicates the new 547 RSUs are expected to be settled in cash rather than stock.
Bottom line for investors: This filing reports option exercises by the CEO (net cost about $24.7k for 453 shares) and a new RSU award (547 units). These are internal compensation/settlement transactions rather than stock sales or open-market purchases.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-03-01$53.87/sh+168$9,050→ 4,758 total - Exercise/Conversion
Common Stock
2026-03-01$53.31/sh+148$7,890→ 4,906 total - Exercise/Conversion
Common Stock
2026-03-01$56.79/sh+137$7,780→ 5,043 total - Exercise/Conversion
Performance Shares
[F1]2026-03-01−207→ 207 totalExercise: $53.31From: 2024-03-01Exp: 2027-03-01→ Common Stock (207 underlying) - Exercise/Conversion
Performance Shares
[F2]2026-03-01−233→ 0 totalExercise: $53.87From: 2023-03-01Exp: 2026-03-01→ Common Stock (233 underlying) - Exercise/Conversion
Performance Shares
[F3]2026-03-01−192→ 384 totalExercise: $56.79From: 2025-03-01Exp: 2028-03-01→ Common Stock (192 underlying) - Award
Performance Shares
[F4]2026-03-02+547→ 547 totalExercise: $87.99From: 2027-03-02Exp: 2030-03-02→ Common Stock (547 underlying)
- 2,130.13(indirect: by Managed Account)
Common Stock
Footnotes (4)
- [F1]Represents a restricted stock unit grant. Each restricted stock unit represents a contingent right to receive one share of QCR Holdings, Inc. common stock or the cash equivalent of one share of common stock. The restricted stock units vest in four annual equal installments beginning on March 1, 2024.
- [F2]Represents a restricted stock unit grant. Each restricted stock unit represents a contingent right to receive one share of QCR Holdings, Inc. common stock or the cash equivalent of one share of common stock. The restricted stock units vest in four annual equal installments beginning on March 1, 2023.
- [F3]Represents a restricted stock unit grant. Each restricted stock unit represents a contingent right to receive one share of QCR Holdings, Inc. common stock or the cash equivalent of one share of common stock. The restricted stock units vest in four annual equal installments beginning on March 1, 2025.
- [F4]Represents a restricted stock unit grant. Each restricted stock unit represents a contingent right to receive one share of QCR Holdings, Inc. common stock or the cash equivalent of one share of common stock. The restricted stock units vest in four annual equal installments beginning on March 2, 2027. The settlement of such units are anticipated to be settled in cash.