Form 4: QCR Holdings Inc. Executive Kurt Gibson Reports Stock Transactions
SEC Form 4 Filing
Kurt Gibson, President/CEO of CSB at QCR Holdings Inc., reports the acquisition and disposal of common stock and performance shares on March 1, 2024.
Summary
- On March 1, 2024, Kurt Gibson, President/CEO of CSB at QCR Holdings Inc., reported transactions involving QCR Holdings Inc. common stock and performance shares.
- Gibson acquired common stock through the exercise of performance shares at prices of $40, $43.61, and $53.87.
- He also acquired 823 performance shares at $56.79.
- Following these transactions, Gibson directly owns 5,187 shares of common stock and indirectly owns 702.41 shares through a managed account.
- He also directly owns 823 performance shares that vest beginning on March 1, 2025, and 444 performance shares that vest beginning on March 1, 2023, and 437 performance shares that vest beginning on March 1, 2024, and 289 performance shares that vested beginning on March 1, 2022.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard disclosure of stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key executives and their confidence in the company's prospects.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 03/02/2021 | Initial vesting date for a restricted stock unit grant. |
| 03/01/2022 | Initial vesting date for a restricted stock unit grant. |
| 03/01/2023 | Initial vesting date for a restricted stock unit grant. |
| 03/01/2024 | Transaction date for common stock and performance shares. |
| 03/01/2025 | Initial vesting date for a restricted stock unit grant. |
| 03/01/2026 | Expiration date for performance shares. |
| 03/01/2027 | Expiration date for performance shares. |
| 03/01/2028 | Expiration date for performance shares. |
| 03/05/2024 | Date of signature for the report. |
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