Form 4: Q2 Holdings Director Jeffrey T. Diehl Reports Sale of Shares

Sentiment:

SEC Form 4 Filing


Director Jeffrey T. Diehl reports the sale of 36,254 shares of Q2 Holdings, Inc. common stock at an average price of $74.10 on August 30, 2024.

Summary

  • On August 30, 2024, Jeffrey T. Diehl, a director of Q2 Holdings, Inc., sold 36,254 shares of common stock.
  • The shares were sold at a weighted average price of $74.10, with individual transaction prices ranging from $73.26 to $74.43.
  • The sale was executed on behalf of several Adams Street funds.
  • Following the transaction, Diehl indirectly owns 280,209 shares through various Adams Street funds and directly owns 44,519 shares.
  • Diehl disclaims beneficial ownership of the shares held by the Adams Street funds, except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment, but the sale of shares by a director could be interpreted neutrally to slightly negatively depending on the context.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders of a company (such as directors or officers) buy or sell the company's securities. This provides transparency to the market regarding insider transactions.

Stakeholder Impact

  • The sale of shares by a director could have a minor impact on shareholder confidence, depending on the size of the sale and the overall market perception of the company.

Key Dates

DateDescription
08/30/2024Date of the transaction (sale of shares)
09/04/2024Date of signature on the Form 4 filing

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