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Insider Cluster (2 insiders) ·Filed Mar 3, 2026

QTWO

Q2 Holdings, Inc.
BEARISH
Impact 7/10
Horizondays Processed7mo ago
Insider cluster: 2 insiders, $271K total
Actionable Insight ▼ Bearish

Monitor for upcoming earnings releases or corporate updates — this level of coordinated C-suite selling may indicate lack of confidence in near-term prospects or preemptive liquidity actions ahead of potential downside catalysts.

DirectionBearish
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
QTWO ▼ -11.12% at T+60d
SHORT call ✓ call won +11.12% · α vs SPY +21.44% · entry $50.53 → $44.91
Entry = T+0 close
Mar 2, 2026
via day close
T+1d
-1.07%
call +1.07% · α +1.83%
$49.99
settled 8mo ago
T+5d
+1.44%
call -1.44% · α -1.92%
$51.26
settled 8mo ago
T+20d
-6.39%
call +6.39% · α +1.99%
$47.30
settled 7mo ago
T+60d
-11.12%
call +11.12% · α +21.44%
$44.91
settled 5mo ago

Price Chart

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Executive Summary

Two C-suite executives at Q2 Holdings — the General Counsel and Chief People Officer — sold a combined $1.6 million in stock over three days in early March 2026, while also receiving non-cash share awards. The open-market sales represent a coordinated insider selling cluster with material dollar value.

Key Financial Metrics

Direction
selling
Total Value
$1.6M
Insiders
2

Key Facts

  • General Counsel Michael S. Kerr sold 8,707 shares for $433,126.75 in open-market transactions.
  • Chief People Officer Kimberly Anne Rutledge sold 23,829 shares for $1.185 million in open-market transactions.
  • Total open-market sales by insiders: $1.618 million over 3 days.
  • Both executives also received non-cash share awards totaling $0 value on the same dates.
  • Total insider selling represents ~0.05% of Q2 Holdings' $3.1B market cap — modest in proportion but concentrated among C-suite executives.

Financial Impact

$1.618 million in net insider selling by two C-suite executives over three days

insider sentimentshareholder confidence

Risk Factors

  • Coordinated C-suite selling may signal negative sentiment on future performance.
  • Potential for negative market perception despite routine nature of some transactions.

Market Snapshot

Exchange
NYSE

Investment Themes

Software & IT

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (6 trades, 7d window)cluster-QTWO-1772673933134
6 reports for QTWO
Performance horizon
100% Hit rate @ T+20 3 of 3 directional calls Went positive at some point 3 of 3 best @ T+60▲ +12.50%Mar 9, 2026
Filters
Rows
Reports for QTWO — sortable, filterable
TypeNow
Oct 20, 2026
6d ago
Institutional Cluster
MIXED ★ 3/10
$66.41awaiting T+20—$69.82 (+5.13%)
Aug 14, 2026
10w ago
Insider Cluster
NEUTRAL ★ 4/10
$64.41 $60.08▼ −6.72%▼ −4.75%$69.82 (+8.40%)
Mar 9, 2026
32w ago
Insider Cluster
BEARISH ★ 6/10
$51.26 $48.22▲ +5.93%▲ +5.76%$69.82 (−36.21%)
Mar 4, 2026
33w ago
Insider Cluster
BEARISH ★ 7/10
$52.07 $47.74▲ +8.32%▲ +4.53%$69.82 (−34.09%)
Mar 4, 2026
33w ago
Insider Cluster
BEARISH ★ 6/10
$49.99 $47.40▲ +5.18%▲ +0.77%$69.82 (−39.67%)
Mar 3, 2026
33w ago
Insider Cluster
BEARISH ★ 7/10
$50.53 $47.30▲ +6.39%▲ +1.99%$69.82 (−38.18%)
Showing 6 of 6

US Market Status

Market Closed — Opens Tue (15h 56m)

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Report published Mar 4, 2026