STOCK TITAN

Q2 Holdings (QTWO) COO sells 1,793 shares to cover tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Q2 Holdings, Inc. Chief Operating Officer Mukkamala Himagiri K reported an issuer-mandated sale of 1,793 shares of common stock to cover tax withholding tied to vesting of restricted stock units. The weighted average sale price was about $49.75 per share, leaving him with 94,253 shares of directly held common stock.

Positive

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Negative

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Insider Mukkamala Himagiri K
Role Chief Operating Officer
Sold 1,793 shs ($89K)
Type Security Shares Price Value
Sale Common Stock 1,793 $49.75 $89K
Holdings After Transaction: Common Stock — 94,253 shares (Direct)
Footnotes (1)
  1. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.75 to $50.05 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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Mukkamala Himagiri K

(Last) (First) (Middle)
10355 PECAN PARK BLVD

(Street)
AUSTIN TX 78729

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Q2 Holdings, Inc. [ QTWO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/04/2026 S(1) 1,793 D $49.75(2) 94,253 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.75 to $50.05 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.
Remarks:
/s/ M. Scott Kerr, attorney-in-fact 03/04/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Q2 Holdings (QTWO) report for its COO?

Q2 Holdings reported that its Chief Operating Officer, Mukkamala Himagiri K, sold 1,793 shares of common stock. The sale was issuer-mandated solely to cover tax withholding obligations arising from the vesting and settlement of restricted stock units.

Was the QTWO COO’s recent stock sale a discretionary trade?

No, the sale was not discretionary. It was an issuer-mandated transaction executed to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units, rather than a voluntary open-market decision by the executive.

At what prices were the Q2 Holdings COO’s shares sold in this Form 4?

The weighted average price reported was $49.75 per share. The shares were sold in multiple transactions at prices ranging from $49.75 to $50.05, with exact breakdowns available upon request from the company or the reporting person.

How many Q2 Holdings (QTWO) shares does the COO hold after this transaction?

After the issuer-mandated sale, the Chief Operating Officer directly holds 94,253 shares of Q2 Holdings common stock. This figure reflects his remaining direct ownership position following the 1,793-share sale to satisfy tax withholding obligations.

What is the purpose of the share sale disclosed in this Q2 Holdings Form 4?

The sale’s purpose was to cover tax withholding obligations related to the vesting and settlement of restricted stock units. It represents an issuer-mandated transaction, not a voluntary decision by the executive to liquidate or reduce his investment stake.