Form 4: Q2 Holdings General Counsel Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Michael S. Kerr, General Counsel of Q2 Holdings, sold shares to cover tax withholding obligations related to the vesting and settlement of Restricted Stock Units.
Summary
- On March 4, 2025, Michael S. Kerr, General Counsel of Q2 Holdings, sold 4,389 shares of common stock at a weighted average price of $80.89.
- The sale was mandated by the issuer to cover tax withholding obligations related to the vesting and settlement of Restricted Stock Units.
- Following the transaction, Kerr directly owns 56,741 shares of Q2 Holdings common stock.
Sentiment
Score: 5
Explanation: The document describes a routine stock sale to cover tax obligations, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to provide transparency when company insiders trade their company's stock. This allows the public to see if people with inside information are buying or selling stock.
Key Dates
| Date | Description |
|---|---|
| 03/04/2025 | Date of the stock sale transaction. |
| 03/06/2025 | Date of the Form 4 filing. |
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