Monitor Q2's search for a new CFO, as Price's dual role as Co-CEO and interim CFO may create workload concerns. The co-CEO structure and enhanced severance terms suggest succession planning and retention focus, but no financial results or guidance were provided in this filing.
Price Chart
Executive Summary
Q2 Holdings promoted CFO Jonathan Price to Co-CEO alongside Matt Flake, effective October 29, 2026. Price also joined the Board and will continue as CFO during a search for his successor. His base salary was increased to $520,000, he received a $3,000,000 RSU grant, and his severance terms were aligned with Flake's existing agreement.
Key Facts
- Jonathan Price promoted to Co-CEO, effective October 29, 2026, serving alongside Matt Flake
- Price appointed to the Board, increasing board size from seven to eight
- Price continues as CFO during search for a new CFO
- Annual base salary increased to $520,000
- Grant of RSUs valued at $3,000,000, vesting over four years (25% at one year, then quarterly)
- Severance terms aligned with Flake's agreement: 200% base salary plus pro-rata target bonus on non-CIC termination, 250% base salary plus pro-rata bonus on CIC termination
- No changes to Flake's compensation arrangements
Financial Impact
Base salary increase to $520,000 per year; RSU grant valued at $3,000,000; severance obligations up to 250% of base salary plus bonus in change-of-control scenarios
Risk Factors
- Co-CEO structure may create governance complexity or unclear decision-making authority
- Price serving as both Co-CEO and CFO during CFO search could strain bandwidth
- Enhanced severance terms increase potential cash obligations in a termination scenario
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001410384-26-000063 |
| Document: qtwo-20261028.htm | 0001410384-26-000063 |
| Document: a20281028exhibit991.htm | 0001410384-26-000063 |
| Document: 0001410384-26-000063-index-headers.html | 0001410384-26-000063 |
| Document: 0001410384-26-000063-index.html | 0001410384-26-000063 |
| Document: 0001410384-26-000063.txt | 0001410384-26-000063 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 28, 2026 2d ago | 8-K | $65.28 | awaiting T+20 | awaiting T+20 | $65.28 (−0.00%) |
Oct 28, 2026 2d ago | 8-K | $65.28 | awaiting T+20 | awaiting T+20 | $65.28 (−0.00%) |
Oct 20, 2026 10d ago | Institutional Cluster | $66.41 | awaiting T+20 | awaiting T+20 | $65.28 (−1.70%) |
Aug 14, 2026 10w ago | Insider Cluster | $64.41 $60.08 | ▼ −6.72% | ▼ −4.75% | $65.28 (+1.35%) |
Mar 9, 2026 33w ago | Insider Cluster | $51.26 $48.22 | ▲ +5.93% | ▲ +5.76% | $65.28 (−27.35%) |
Mar 4, 2026 34w ago | Insider Cluster | $52.07 $47.74 | ▲ +8.32% | ▲ +4.53% | $65.28 (−25.37%) |
Mar 4, 2026 34w ago | Insider Cluster | $49.99 $47.40 | ▲ +5.18% | ▲ +0.77% | $65.28 (−30.59%) |
Mar 3, 2026 34w ago | Insider Cluster | $50.53 $47.30 | ▲ +6.39% | ▲ +1.99% | $65.28 (−29.19%) |
US Market Status
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