Price Jonathan 4
4 · Q2 Holdings, Inc. · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Q2 Holdings (QTWO) CFO Jonathan Price Receives Equity Award
What Happened
- Jonathan Price, Chief Financial Officer of Q2 Holdings, was granted four equity awards on March 11, 2026 totaling 96,358 units. The awards are reported as acquisitions (grant/award) at $0.00 per share on the Form 4.
- Breakdown of grants: 48,179 RSUs (F1), 19,272 performance RSU target (F2), 19,272 performance RSU target (F3), and 9,635 performance RSU target (F4). These are grants (A on Form 4), not open-market purchases or sales.
Key Details
- Transaction date: March 11, 2026; Form 4 filed March 13, 2026 (timely filing).
- Price: $0.00 per share (standard for restricted stock unit/performance awards); total reported cash paid = $0.
- Shares owned after transaction: not disclosed in the filing.
- Footnotes (summary):
- F1: Time-based RSUs — 25% vest March 3, 2027, then equal quarterly installments over the next three years (subject to continued employment).
- F2: Performance RSUs — target tied to Adjusted EBITDA as % of Revenue for the 12 months ending Dec 31, 2027; attainment measured on the second anniversary; up to 100% vests then, above-target may vest on the third anniversary.
- F3: Performance RSUs — target tied to Subscription Revenue year-over-year growth for the 12 months ending Dec 31, 2027; same timing/structure as F2.
- F4: Performance RSUs — target tied to Q2 share-price performance vs. the S&P Software & Services Select Index; vesting (0%–200%) determined on the third anniversary.
- These grants include both time-based and performance-based units and are subject to continued employment and attainment of performance metrics.
Context
- These awards are part of executive compensation and are not open-market trades; they do not represent an immediate purchase or sale of stock. Performance-based units may never convert to shares if targets are not met, or may convert at higher or lower percentages depending on achievement.
- For retail investors, such grants indicate standard long-term incentive compensation rather than a direct insider buy/sell signal.
Insider Transaction Report
Form 4
Price Jonathan
Chief Financial Officer
Transactions
- Award
Common Stock
[F1]2026-03-11+48,179→ 236,634 total - Award
Common Stock
[F2]2026-03-11+19,272→ 255,906 total - Award
Common Stock
[F3]2026-03-11+19,272→ 275,178 total - Award
Common Stock
[F4]2026-03-11+9,635→ 284,813 total
Footnotes (4)
- [F1]The restricted stock units vest 25% starting March 3, 2027, with the remaining units vesting in equal quarterly installments over the subsequent three years.
- [F2]Represents the target number of shares that may be earned ("Target Amount") pursuant to performance-based restricted stock units ("Units") under the 2023 Equity Incentive Plan, with vesting dependent upon Q2's attainment relative to a target performance metric for Adjusted EBITDA as a percentage of Revenue for the 12 months ending December 31, 2027, as more specifically set forth in the grant agreement. Subject to continued employment, attainment will be determined on the second anniversary of the date of grant, with any earned shares up to 100% of the Target Amount vesting on such date, and any shares issuable pursuant to above-target attainment vesting on the third anniversary of the grant date.
- [F3]Represents the target number of shares that may be earned ("Target Amount") pursuant to performance-based restricted stock units ("Units") under the 2023 Equity Incentive Plan, with vesting dependent upon Q2's attainment relative to a target performance metric for Subscription Revenue Year over Year Growth Revenue for the 12 months ending December 31, 2027, as more specifically set forth in the grant agreement. Subject to continued employment, attainment will be determined on the second anniversary of the date of grant, with any earned shares up to 100% of the Target Amount vesting on such date, and any shares issuable pursuant to above-target attainment vesting on the third anniversary of the grant date.
- [F4]Represents the target number of shares that may be earned ("Target Amount") pursuant to performance-based restricted stock units ("Units") under the 2023 Equity Incentive Plan, with vesting dependent upon Q2's attainment relative to target performance of Q2's common stock price as compared to the S&P Software & Services Select Index, as more specifically set forth in the grant agreement. Subject to continued employment, attainment will be determined on the third anniversary of the date of grant, with 0% to 200% of the Target Amount vesting on such date depending on the level of attainment.
Signature
/s/ M. Scott Kerr, attorney-in-fact|2026-03-13