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

Director Jeffrey T. Diehl reports the sale of Q2 Holdings, Inc. shares held indirectly through various Adams Street funds.

Summary

• Jeffrey T. Diehl, a director of Q2 Holdings, Inc., reported the sale of common stock on June 4 and June 5, 2024.
• The sales were executed at a weighted average price of approximately $61 per share.
• The shares were sold indirectly through various Adams Street funds, including Adams Street 2006 Direct Fund, L.P., Adams Street 2007 Direct Fund, L.P., and others.
• On June 4, 1,015 shares were sold.
• On June 5, 13,932 shares were sold.
• Following these transactions, the total number of shares beneficially owned indirectly by Diehl through these funds is 707,252.
• Diehl disclaims beneficial ownership of the shares except to the extent of his pecuniary interest.
• Diehl is a partner of Adams Street Partners, LLC, which may be deemed to share voting and dispositive power over the shares held by the funds.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock sales by a director. It doesn't contain any information that would significantly impact sentiment positively or negatively.

Industry Context

This filing is a routine disclosure of stock sales by a company insider and doesn't necessarily indicate a change in the company's prospects or strategic direction. It is common for directors and officers to periodically sell shares for personal financial management reasons.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, but it is a common occurrence and doesn't necessarily reflect a negative outlook on the company.

Key Dates