Lee Nicole A 4

What Happened

• Nicole A. Lee, EVP and Chief Human Resources Officer of QCR Holdings, exercised stock options on June 1, 2026. The filing shows she acquired 234 shares at $38.81 per share (total cost $9,082).
• At the same time, 322 shares were recorded as disposed at $0.00. This reflects shares surrendered/withheld as part of the option exercise (commonly used to cover taxes or the option exercise cost), resulting in a net receipt of 234 shares. This is an option exercise (derivative transaction), which is a purchase-type event overall.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-03.
• Acquired: 234 shares @ $38.81 each; total cash paid reported $9,082.
• Disposed/withheld: 322 shares @ $0.00 (reported as a derivative disposition).
• Shares owned after transaction: not specified in this filing.
• Transaction code: M (exercise/conversion of derivative). The $0.00 disposition is consistent with tax withholding or share surrender; no open-market sale reported.
• Filing timing: filed two days after the transaction date (appears timely based on the dates shown).

Context

• For retail investors: this was an option exercise, not an outright open-market buy or sale. The presence of withheld/surrendered shares is routine for covering taxes or exercise costs and does not necessarily indicate a directional bet by the insider.
• This filing concerns an officer (EVP), not a 10% owner; interpret as routine insider compensation-related activity rather than a large-scale ownership change.