Form 4: Q2 Holdings Director Jeffrey T. Diehl Reports Sale of Shares
SEC Form 4 Filing
Director Jeffrey T. Diehl reported the sale of 1,843 shares of Q2 Holdings, Inc. common stock at a weighted average price of $61.05 on May 31, 2024.
Summary
- On May 31, 2024, Jeffrey T. Diehl, a director of Q2 Holdings, Inc., reported the sale of 1,843 shares of common stock.
- The shares were sold at a weighted average price of $61.05.
- The sale was executed in multiple transactions with prices ranging from $61.00 to $61.15.
- Following the transaction, Diehl indirectly owns 722,199 shares through various Adams Street funds and directly owns 40,662 shares.
- Diehl disclaims beneficial ownership of the indirectly held shares 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 about the company's performance or future prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings to gauge management's sentiment about the company's prospects.
Stakeholder Impact
- The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction.
Key Dates
| Date | Description |
|---|---|
| 05/31/2024 | Date of the transaction (sale of shares) |
| 06/04/2024 | Date of signature on the Form 4 filing |
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