Q2 Holdings executive share sale for tax withholding
Q2 Holdings, Inc. Chief Business Officer Kirk L. Coleman reported an open-market sale of 10,849 shares of common stock at a weighted average price of $51.35 per share.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Q2 Holdings, Inc. Chief Business Officer Kirk L. Coleman reported an open-market sale of 10,849 shares of common stock at a weighted average price of $51.35 per share. According to the disclosure, this sale was mandated by the issuer solely to cover tax withholding obligations from vested restricted stock units and was not a discretionary trade. After the transaction, Coleman directly held 251,808 Q2 Holdings shares, indicating he retained a substantial equity position in the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,849 | $51.35 | $557K |
Footnotes (2)
- F1. 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.
- F2. 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.
FAQ
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What insider transaction did Q2 Holdings (QTWO) report for Kirk L. Coleman?
Was the QTWO insider stock sale by Kirk L. Coleman a discretionary trade?
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