Coleman Kirk L 4
Research Summary
AI-generated summary
Q2 Holdings (QTWO) Chief Business Officer Coleman Kirk Sells Shares
What Happened
Coleman Kirk, Chief Business Officer of Q2 Holdings (QTWO), disposed of 10,849 shares on March 9, 2026, for a weighted-average price of $51.35 per share, totaling approximately $557,096. This was a sale (not a purchase) and was carried out to satisfy withholding taxes related to the vesting/settlement of Restricted Stock Units.
Key Details
- Transaction date: 2026-03-09; Form filed: 2026-03-11 (filed promptly after the transaction).
- Price: weighted average $51.35; shares sold in multiple executions at prices ranging $51.34–$51.70.
- Total proceeds: ~$557,096.
- Shares owned after transaction: not specified in the information provided in this summary.
- Footnote F1: Sale was issuer-mandated to cover tax withholding for RSU vesting and was not a discretionary trade by the reporting person.
- Footnote F2: Price shown is a weighted average; reporting person will provide a per-trade price breakdown on request.
Context
This was a routine, tax-withholding sale tied to RSU settlement rather than an independent decision to cash out stock; such sales are common and do not necessarily signal the insider’s view of the company’s prospects. There is no indication of option exercise, gift, or a 10% owner transaction in this filing.