Ekizian Laura L 4
Research Summary
AI-generated summary
QCRH CEO Laura Ekizian Exercises Options, Sells 750 Shares
What Happened
Laura L. Ekizian, President & CEO (QCBT) at QCR Holdings (QCRH), exercised 750 stock options on 2026-06-09 at an exercise price of $45.00 per share (total cost $33,750) and sold 750 shares in an open-market transaction the same day at $94.96 per share for $71,220. The exercise + same-day sale amounts to a cashless exercise pattern: she acquired shares via option exercise and immediately disposed of them. Net proceeds before fees and taxes were approximately $37,470.
Key Details
- Transaction date: 2026-06-09; Form filed: 2026-06-10 (timely filing).
- Exercise: 750 shares @ $45.00 (Acquired) — $33,750 total.
- Sale: 750 shares @ $94.96 (Disposed) — $71,220 total.
- A separate derivative line shows 750 shares disposed at $0.00 (this reflects the option exercise/settlement reporting convention).
- Shares owned after the transaction are not specified in the provided filing excerpt.
- Footnote: Options vest in annual increments of 25%, with the first 25% vesting on the first anniversary of grant.
Context
This is a common cashless exercise: options were exercised and the resulting shares were sold immediately, which converts option value to cash but does not necessarily signal a change in conviction. For retail investors, purchases can be a stronger signal than routine option exercises followed by sales; no 10b5-1 plan, gift, or tax-withholding details were noted in the excerpt.