Anderson Nick W 4

What Happened Nick W. Anderson, SVP and Chief Accounting Officer of QCR Holdings, exercised stock-option/derivative rights and received equity awards. Reported activity includes exercising 59 shares on 2026-01-01 at $66.52 (cost $3,925) and 89 shares on 2026-03-02 at $87.99 (cost $7,831) — a total of 148 shares acquired through exercise for about $11,756. The filing also reports a 450-share award dated 2025-06-02 (fully vested performance-based award) and a 195-share restricted stock unit (RSU) grant on 2026-03-02. The filing lists a 90-share derivative disposal on 2026-01-01 (no cash value reported).

Key Details

• Transaction dates & amounts:
  • 2025-06-02: Award of 450 shares (fully vested; $0 reported) — footnote F1.
  • 2026-01-01: Exercised 59 shares @ $66.52 (acquired; $3,925) and a 90-share derivative disposal @ $0 (disposed).
  • 2026-03-02: Exercised 89 shares @ $87.99 (acquired; $7,831) and granted 195 RSUs @ $0 (acquired).
• Net reported activity in this filing: 793 shares acquired (148 via exercise + 450 performance shares + 195 RSUs) and 90 shares disposed.
• Shares owned after the transactions: not specified in the public filing.
• Footnotes:
  • F1: 450 fully-vested shares awarded for exceeding performance metrics under the June 2, 2025 agreement.
  • F2: Correction of a previously misreported number of derivative securities.
  • F3: The 195 units are restricted stock units (each convertible to one share or cash); they vest in four equal annual installments beginning March 2, 2027 and are expected to be cash-settled.
• Filing timeliness: the filing was submitted on 2026-03-03 covering transactions through 2026-03-02; the report does not specify any late-filing designation.

Context

• The exercises reflect cash paid to convert derivatives into shares (total exercise cash reported ≈ $11.8K). The 90-share disposal reported at $0 is recorded in the filing without explanation; Form 4s sometimes show such disposals for net settlement or similar administrative reasons, but no reason is provided here.
• The 450-share award is a fully vested, performance-based grant (immediate economic ownership), while the 195-unit RSU grant vests over four years and is expected to be settled in cash, so the RSUs do not immediately add tradable shares.
• These are insider acquisitions/awards rather than open-market purchases or sales; purchases/awards can be interpreted as the company or insider receiving equity, but the filing is factual and provides no statement of intent or market view.