Coleman Kirk L 4

What Happened Kirk L. Coleman, Chief Business Officer of Q2 Holdings (QTWO), was granted a total of 67,452 equity awards on March 11, 2026 via four separate grants (no cash exchanged). The awards break down as 33,726 time‑based restricted stock units (RSUs) and three performance‑based restricted stock unit (PSU) grants of 13,490, 13,490 and 6,746 target shares. Each grant is reported at $0.00 per share (transaction code A — award/grant).

Key Details

• Transaction date: March 11, 2026; Form 4 filed March 13, 2026 (timely filing).
• Grants and amounts: 33,726 (time‑based RSUs), 13,490 (PSU), 13,490 (PSU), 6,746 (PSU) — total 67,452 shares.
• Price: $0.00 per share (compensation award).
• Shares owned after transaction: not specified in the provided summary of the filing.
• Footnotes/vesting:
  • F1 (33,726): Time‑based RSUs — 25% vest starting March 3, 2027, then equal quarterly installments over the next three years (subject to continued employment).
  • F2 (13,490): PSU tied to Adjusted EBITDA as a % of Revenue for the 12 months ending Dec 31, 2027; target determination on the 2nd anniversary (up to 100% vests then; above‑target may vest on 3rd anniversary).
  • F3 (13,490): PSU tied to Subscription Revenue year‑over‑year growth for the 12 months ending Dec 31, 2027; same vesting/determination timing as F2.
  • F4 (6,746): PSU tied to Q2 common stock performance vs. the S&P Software & Services Select Index; vesting (0%–200% of target) determined on the 3rd anniversary.
• No 10b5‑1, tax‑withholding or sale information included in the provided notes.

Context These awards are compensation grants (not open‑market buys or sales). Time‑based RSUs vest over multiple years, while the PSUs only vest if specified performance targets are met (and are subject to continued employment). Such grants are common for senior executives as long‑term incentive compensation and do not by themselves indicate an insider buying or selling stock in the open market.