Rutledge Kimberly Anne 4
4 · Q2 Holdings, Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Q2 (QTWO) Chief People Officer Kimberly Rutledge Sells Shares
What Happened
Kimberly Anne Rutledge, Chief People Officer of Q2 Holdings, sold a total of 25,288 Q2 shares in two open‑market transactions totaling $1,305,033. On 2026-03-05 she sold 20,948 shares at a weighted average price of $51.66 for proceeds of $1,082,174 (prices in that block ranged $51.61–$52.46). On 2026-03-09 she sold 4,340 shares at a weighted average price of $51.35 for proceeds of $222,859 (prices in that block ranged $51.34–$51.70). These were sales (not purchases); one sale was executed under a pre‑arranged 10b5‑1 trading plan and the other was an issuer‑mandated sale to cover tax withholding on vested awards.
Key Details
- Transaction dates & prices:
- 2026-03-05: 20,948 shares sold, weighted avg $51.66 (range $51.61–$52.46) — $1,082,174
- 2026-03-09: 4,340 shares sold, weighted avg $51.35 (range $51.34–$51.70) — $222,859
- Total sold: 25,288 shares for $1,305,033.
- Shares owned after transaction: Not disclosed in this filing.
- Notable footnotes:
- The 3/5 sale was effected pursuant to a Rule 10b5‑1 trading plan adopted Sept 12, 2025.
- The 3/9 sale was issuer‑mandated to cover tax withholding on RSU vesting (not a discretionary trade).
- Weighted‑average prices reflect multiple execution prices; the reporting person will provide breakdowns on request.
- Filing timeliness: The Form 4 was filed on 2026-03-09 for transactions dated 2026-03-05 and 2026-03-09; the filing is marked late (L).
Context
A 10b5‑1 plan allows pre‑scheduled trades and can indicate the sale was planned in advance rather than a reaction to company developments. Issuer‑mandated sales to cover tax withholding are routine when restricted stock units vest and do not reflect a discretionary decision to sell additional shares. As always, sales by executives are not, by themselves, definitive indicators of company prospects.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-03-05$51.66/sh−20,948$1,082,174→ 88,078 total - Sale
Common Stock
[F3][F4]2026-03-09$51.35/sh−4,340$222,859→ 83,738 total
Footnotes (4)
- [F1]The sale reported was effected pursuant to a Rule 10b5-l trading plan adopted by the reporting person on September 12, 2025.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.61 to $52.46 inclusive. Reporting Person undertakes to provide to Q2 Holdings, Inc., any security holder of Q2 Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]The sale reported on this Form 4 represents an Issuer mandated sale by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units, and it does not represent a discretionary trade by the Reporting Person.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.34 to $51.70 inclusive. Reporting Person undertakes to provide to Q2 Holdings, Inc., any security holder of Q2 Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.