Form 4: Q2 Holdings Director Jeffrey T. Diehl Reports Sale of Shares
SEC Form 4 Filing
Director Jeffrey T. Diehl reports the sale of Q2 Holdings, Inc. shares held indirectly through various Adams Street funds.
Summary
- On May 29, 2024, Jeffrey T. Diehl, a director of Q2 Holdings, Inc., reported the sale of 27,248 shares of common stock at a weighted average price of $62.51.
- These shares were sold indirectly through various Adams Street funds, including Adams Street 2006 Direct Fund, L.P., and others.
- On May 30, 2024, Diehl reported the sale of an additional 26,272 shares at a weighted average price of $61.4.
- Following these transactions, Diehl indirectly holds 724,042 shares through these funds.
- Diehl disclaims beneficial ownership of the shares except to the extent of his pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock sales, indicating a neutral sentiment.
Management Comments
- Jeffrey T. Diehl disclaims beneficial ownership of the Shares except to the extent of his pecuniary interest therein.
Industry Context
This filing is a routine disclosure of stock sales by a company insider and provides transparency to the market regarding the transactions.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/29/2024 | Sale of 27,248 shares of Q2 Holdings, Inc. common stock. |
| 05/30/2024 | Sale of 26,272 shares of Q2 Holdings, Inc. common stock. |
| 05/31/2024 | Date of signature for the Form 4 filing. |
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