Kerr Michael S 4
4 · Q2 Holdings, Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Q2 Holdings (QTWO) General Counsel Michael S. Kerr Sells Shares
What Happened
Michael S. Kerr, General Counsel of Q2 Holdings (QTWO), reported two sales of Q2 common stock. On 2026-03-05 he sold 9,554 shares at a weighted average price of $51.66 for approximately $493,560. On 2026-03-09 he sold 2,821 shares at a weighted average price of $51.35 for approximately $144,858. Total proceeds across both reported sales were about $638,418. Both transactions are recorded as sales (S).
Key Details
- Transaction dates and prices:
- 2026-03-05: 9,554 shares sold, weighted avg $51.66 (prices in that lot ranged $50.76–$52.46). (Footnote F2)
- 2026-03-09: 2,821 shares sold, weighted avg $51.35 (prices in that lot ranged $51.34–$51.70). (Footnote F4)
- Aggregate shares sold: 12,375; aggregate proceeds ≈ $638,418.
- Notable footnotes:
- F1: The sale(s) were effected pursuant to a Rule 10b5‑1 trading plan adopted by Mr. Kerr on Sept 11, 2025.
- F3: One reported sale was an issuer‑mandated sale to cover tax withholding obligations related to RSU vesting and was not a discretionary trade by the reporting person.
- F2/F4: Reported prices are weighted averages; the filer will provide a breakdown of shares sold at each price on request.
- Shares owned after transaction: Not specified in the summary provided.
- Filing timeliness: Form filed 2026-03-09 reporting transactions on 2026-03-05; this was filed within the standard two-business-day window (timely).
Context
These are sales, which are routine for insiders and include a non‑discretionary withholding sale related to RSU settlement and a sale under a pre‑arranged 10b5‑1 plan. Sales do not necessarily indicate negative views on the company; purchases typically carry more weight for investors seeking insider conviction. If you need the exact per‑trade breakdown within the reported price ranges, the filer has offered to provide that detail on request.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-03-05$51.66/sh−9,554$493,560→ 50,048 total - Sale
Common Stock
[F3][F4]2026-03-09$51.35/sh−2,821$144,858→ 47,227 total
Footnotes (4)
- [F1]The sale reported was effected pursuant to a Rule 10b5-l trading plan adopted by the reporting person on September 11, 2025.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.76 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.