Q2 officer to sell 636 shares for tax withholding
An officer of Q2 Holdings, Inc. filed a Form 144 for a small, issuer-mandated share sale to cover taxes tied to vested performance stock units.
Rhea-AI Filing Summary
Q2 Holdings, Inc. (QTWO) received a Form 144 notice indicating that officer Scott Kerr plans to sell 636 shares of common stock through Morgan Stanley on September 11, 2026, with an aggregate market value of $38,770.56.
The sale is described as an issuer-mandated transaction to cover tax withholding obligations upon the vesting and settlement of Performance Stock Units, and not a discretionary trade by the reporting person.
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Key Figures
Shares proposed to be sold: 636 shares
Aggregate market value: $38,770.56
Planned sale date: September 11, 2026
+2 more
5 metrics
Shares proposed to be sold
636 shares
Common stock to be sold under Form 144 by officer Scott Kerr
Aggregate market value
$38,770.56
Estimated value of the 636 QTWO shares covered by the notice
Planned sale date
September 11, 2026
Date associated with the proposed sale and RSU transaction
Security type
Restricted Stock Units / Performance Stock Units
Underlying awards whose vesting and settlement trigger tax withholding
Form 144 notice date
September 11, 2026
Date on which the Form 144 notice was signed
Key Terms
Rule 144, Restricted Stock Units, Performance Stock Units, tax withholding obligations, +1 more
5 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Units financial
"Common | 09/11/2026 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Performance Stock Units financial
"in connection with the vesting and settlement of Performance Stock Units"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
tax withholding obligations financial
"sale ... to cover tax withholding obligations in connection with the vesting"
issuer mandated sale financial
"represents an Issuer mandated sale by the Reporting Person"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Q2 Holdings, Inc. (QTWO) disclose in this Form 144 filing?
The filing states that officer Scott Kerr filed a Form 144 to sell 636 shares of QTWO common stock through Morgan Stanley on September 11, 2026, with an aggregate market value of $38,770.56, subject to Rule 144 conditions.
Is the QTWO Form 144 sale by Scott Kerr a discretionary trade?
No. The remarks explain that the sale represents an issuer-mandated transaction by the reporting person to cover tax withholding obligations tied to the vesting and settlement of Performance Stock Units and does not represent a discretionary trade.
What type of equity awards are involved in this QTWO Form 144 filing?
The filing links the sale to Performance Stock Units, with the securities to be sold described as Restricted Stock Units that vest and settle, triggering tax withholding obligations that the issuer-mandated sale is intended to cover.
AI-generated analysis. How Rhea-AI works. Not financial advice.