Q2 Holdings (QTWO) Form 4: Breeden sells 6,105 shares via 10b5-1
Rhea-AI Filing Summary
John E. Breeden, Chief Delivery Officer of Q2 Holdings, Inc. (QTWO), reported a sale of 6,105 shares of common stock on 08/18/2025. The shares were sold under a Rule 10b5-1 trading plan adopted on May 19, 2025, at a weighted average price of $75.27 per share, with transaction prices ranging from $74.79 to $75.76. After the sale, the reporting person beneficially owned 149,643 shares. The Form 4 was signed by attorney-in-fact M. Scott Kerr on 08/19/2025.
Positive
- Sale executed under a Rule 10b5-1 plan, indicating the transaction followed a pre-established, non-discretionary trading arrangement
- Detailed pricing disclosure provided: weighted average price $75.27 and explicit range $74.79–$75.76 with offer to provide per-trade details on request
Negative
- Disposition of 6,105 shares reduced beneficial holdings, leaving 149,643 shares reported after the transaction
Insights
TL;DR: Routine insider sale under a 10b5-1 plan; not an unscheduled disposition.
The reported disposition of 6,105 shares at a weighted average of $75.27 was executed pursuant to a pre-established Rule 10b5-1 plan adopted May 19, 2025, which typically signals a planned, non-discretionary sale rather than an opportunistic insider trade. The remaining beneficial ownership is 149,643 shares, which the filing explicitly states. No derivative transactions or option exercises are reported. From a trading-impact perspective, the filing documents a single non-derivative disposal with disclosure of price range and weighted average.
TL;DR: Governance disclosure is complete and shows reliance on a 10b5-1 plan for compliance.
The Form 4 clearly identifies the reporting person, role (Chief Delivery Officer), and the mechanics of the sale, including the Rule 10b5-1 plan adoption date and the weighted-average sale price range. The filing was executed by an attorney-in-fact and includes required explanatory footnotes about price range and availability of per-trade details upon request. This level of disclosure aligns with standard Section 16 reporting practices and provides shareholders and regulators with the necessary transactional detail.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,105 | $75.27 | $460K |
Footnotes (1)
- The sale reported was effected pursuant to a Rule 10b5-l trading plan adopted by the reporting person on May 19, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.79 to $75.76 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.