Form 4: QCR Holdings Executive Exercises Stock Options, Sells Shares to Cover Costs

Todd Gipple, President & CFO of QCR Holdings, exercised stock options and sold shares to cover the exercise price and tax obligations.

Summary

• Todd Gipple, the President and CFO of QCR Holdings, exercised 8,857 stock options at a price of $17.49 per share on January 27, 2025.
• Following the exercise, 3,998 shares were sold at $78.93 per share to cover the exercise price and tax withholding obligations.
• After these transactions, Mr. Gipple directly owns 44,902 shares of QCR Holdings common stock.
• He also has indirect ownership of 1,199 shares through an IRA, 15,604.27 shares through a managed account, 2,000 shares through his spouse, and 702 shares through a trust.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, which is neither positive nor negative for the company's overall performance. It is a standard part of executive compensation.

Industry Context

This is a routine transaction for executives who are granted stock options as part of their compensation. It is common for executives to sell a portion of the shares acquired through option exercises to cover the costs and taxes associated with the exercise.

Comparison to Industry Standards

• Stock option exercises and subsequent sales to cover costs are a standard practice among publicly traded companies.
• The prices at which the options were exercised and the shares were sold are consistent with market prices at the time of the transactions.
• Similar transactions are regularly reported by executives at comparable financial institutions.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine executive stock option exercise and sale.

Key Dates

Keywords

stock options, insider trading, executive compensation, QCR Holdings, stock sale, beneficial ownership