Price Jonathan 4
Research Summary
AI-generated summary
Q2 (QTWO) CFO Jonathan Price Sells 8,680 Shares
What Happened Jonathan Price, Chief Financial Officer of Q2 Holdings, sold 8,680 shares on 2026-03-09 in an open-market/private sale, reporting a weighted-average price of $51.35 for total proceeds of approximately $445,718. This was a sale (not a purchase), and per the filing it was an issuer‑mandated transaction to satisfy tax withholding tied to the vesting/settlement of restricted stock units (RSUs), not a discretionary trade.
Key Details
- Transaction date: 2026-03-09; Form 4 filed: 2026-03-11 (appears timely, within the two-business-day window).
- Shares sold: 8,680; weighted-average price reported: $51.35; total proceeds ≈ $445,718.
- Price range: shares were sold in multiple transactions at prices from $51.34 to $51.70; the $51.35 figure is a weighted average (filing offers to provide per-price breakdown on request).
- Footnotes: Sale was issuer‑mandated to cover tax withholding for RSU vesting (not discretionary).
- Shares owned after transaction: not specified in the provided filing extract.
Context Issuer‑mandated sales to cover tax withholding on vested awards are common and typically reflect routine administrative actions rather than an insider expressing a view on the company. Because this was a sale to satisfy tax obligations (F = tax withholding), it should be interpreted differently from an unsolicited open‑market sale or a planned sale under a 10b5‑1 program.