Form 4: Q2 Holdings General Counsel Michael Kerr Sells Shares
SEC Form 4 Filing
Michael Kerr, General Counsel of Q2 Holdings, Inc., sold a total of 7,500 shares of common stock in two transactions on August 13 and 14, 2024.
Summary
- On August 13, 2024, Michael Kerr, the General Counsel of Q2 Holdings, Inc., sold 3,903 shares of common stock at a price of $69.52 per share.
- On August 14, 2024, Kerr sold an additional 3,597 shares of common stock at a price of $69.00 per share.
- Following these transactions, Kerr directly owns 61,647 shares of Q2 Holdings, Inc.
- The sales were executed under a pre-arranged 10b5-1 trading plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating stock sales by an executive. It doesn't inherently convey positive or negative sentiment, but rather reports a transaction.
Industry Context
Executive stock sales are a common occurrence and can be for various personal financial planning reasons. It's important to consider the overall context of insider transactions and company performance.
Stakeholder Impact
- Shareholders may interpret the stock sales in various ways, but it's essential to consider the context and the executive's overall holdings.
Key Dates
| Date | Description |
|---|---|
| 08/13/2024 | Michael Kerr sold 3,903 shares of Q2 Holdings common stock at $69.52 per share. |
| 08/14/2024 | Michael Kerr sold 3,597 shares of Q2 Holdings common stock at $69.00 per share. |
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