Price Jonathan 4

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.