Q2 Holdings (QTWO) General Counsel Michael S. Kerr Sells 636 Shares

What Happened Michael S. Kerr, General Counsel of Q2 Holdings (QTWO), disposed of 636 shares on 2026-09-11 at $60.96 per share, for a total transaction value of $38,771. The sale was an issuer‑mandated transaction to cover tax withholding related to the vesting and settlement of Restricted Stock Units (RSUs), not a discretionary trade.

Key Details

• Transaction date and price: 2026-09-11 — 636 shares sold @ $60.96 each.
• Total proceeds: $38,771 (gross).
• Shares owned after transaction: not disclosed in this Form 4.
• Footnote: Sale mandated by the issuer to satisfy tax withholding on RSU vesting; explicitly not a discretionary trade by the reporting person.
• Filing timeliness: Reported on 2026-09-11 (same date as the transaction), so appears timely.

Context Issuer‑mandated sales to cover tax withholding for RSU vesting are common and typically routine administrative transactions rather than directional bets on the stock. This was a stock sale associated with RSU settlement, not an option exercise or a gift.