Form 4: Q2 Holdings General Counsel Michael Kerr Sells Shares to Cover Tax Obligations

Michael S. Kerr, General Counsel of Q2 Holdings, Inc., sold 397 shares of common stock on May 14, 2025, to cover tax withholding obligations related to the vesting of Restricted Stock Units.

Summary

• On May 14, 2025, Michael S. Kerr, the General Counsel of Q2 Holdings, Inc., sold 397 shares of common stock at a price of $92.9 per share.
• The sale was mandated by the issuer to cover tax withholding obligations associated with the vesting and settlement of Restricted Stock Units.
• Following the transaction, Kerr directly owns 58,441 shares of Q2 Holdings, Inc.
• The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.

Sentiment

Score: 6

Explanation: The document describes a routine transaction (sale of shares to cover taxes). It's neutral in tone and doesn't indicate any significant positive or negative sentiment.

Management Comments

• The sale reported on this Form 4 represents an Issuer mandated sale by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units, and it does not represent a discretionary trade by the Reporting Person.

Industry Context

Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives.

Key Dates

Keywords

Q2 Holdings, Michael S. Kerr, Form 4, Stock Sale, Tax Withholding, Restricted Stock Units, QTWO, General Counsel