Form 4: Q2 Holdings President Kirk L. Coleman Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Kirk L. Coleman, President of Q2 Holdings, Inc., sold 45,215 shares of common stock at an average price of $88.75 on February 21, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On February 21, 2025, Kirk L. Coleman, President of Q2 Holdings, Inc., sold 45,215 shares of Q2 Holdings common stock.
- The sale was executed at a weighted average price of $88.75 per share.
- The transactions occurred at prices ranging from $87.38 to $91.44.
- The sale was conducted under a Rule 10b5-1 trading plan adopted on November 22, 2024.
- Following the transaction, Coleman directly owns 292,428 shares of Q2 Holdings common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine stock sale under a pre-arranged trading plan. There is no indication of positive or negative implications for the company.
Industry Context
This filing is a routine disclosure of insider trading activity. It is common for executives to use 10b5-1 plans to sell shares over time to avoid accusations of trading on inside information.
Stakeholder Impact
- The sale of shares by a company president could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 2024-11-22 | Date of adoption of Rule 10b5-1 trading plan |
| 2025-02-21 | Date of stock sale transaction |
| 2025-02-24 | Date of signature on the Form 4 filing |
Keywords
Q2 Holdings, Kirk L. Coleman, Form 4, Stock Sale, Rule 10b5-1, Insider Trading, QTWO
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