Jonathan Price - 11 Mar 2026 Form 4 Insider Report for Q2 Holdings, Inc. (QTWO)

Role: Chief Financial Officer
Signature: /s/ M. Scott Kerr, attorney-in-fact
Issuer symbol: QTWO
Transactions as of: 11 Mar 2026
Net transactions value: $0
Form type: 4
Filing time: 13 Mar 2026, 16:13:05 UTC
Previous filing: 11 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Price Jonathan	Chief Financial Officer	10355 PECAN PARK BLVD., AUSTIN	/s/ M. Scott Kerr, attorney-in-fact	13 Mar 2026	0001806954

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QTWO	Common Stock	Award		+48,179	+26%	$0.000000^*	236,634	11 Mar 2026	Direct	F1
transaction	QTWO	Common Stock	Award		+19,272	+8.1%	$0.000000^*	255,906	11 Mar 2026	Direct	F2
transaction	QTWO	Common Stock	Award		+19,272	+7.5%	$0.000000^*	275,178	11 Mar 2026	Direct	F3
transaction	QTWO	Common Stock	Award		+9,635	+3.5%	$0.000000^*	284,813	11 Mar 2026	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The restricted stock units vest 25% starting March 3, 2027, with the remaining units vesting in equal quarterly installments over the subsequent three years.
F2	Represents the target number of shares that may be earned ("Target Amount") pursuant to performance-based restricted stock units ("Units") under the 2023 Equity Incentive Plan, with vesting dependent upon Q2's attainment relative to a target performance metric for Adjusted EBITDA as a percentage of Revenue for the 12 months ending December 31, 2027, as more specifically set forth in the grant agreement. Subject to continued employment, attainment will be determined on the second anniversary of the date of grant, with any earned shares up to 100% of the Target Amount vesting on such date, and any shares issuable pursuant to above-target attainment vesting on the third anniversary of the grant date.
F3	Represents the target number of shares that may be earned ("Target Amount") pursuant to performance-based restricted stock units ("Units") under the 2023 Equity Incentive Plan, with vesting dependent upon Q2's attainment relative to a target performance metric for Subscription Revenue Year over Year Growth Revenue for the 12 months ending December 31, 2027, as more specifically set forth in the grant agreement. Subject to continued employment, attainment will be determined on the second anniversary of the date of grant, with any earned shares up to 100% of the Target Amount vesting on such date, and any shares issuable pursuant to above-target attainment vesting on the third anniversary of the grant date.
F4	Represents the target number of shares that may be earned ("Target Amount") pursuant to performance-based restricted stock units ("Units") under the 2023 Equity Incentive Plan, with vesting dependent upon Q2's attainment relative to target performance of Q2's common stock price as compared to the S&P Software & Services Select Index, as more specifically set forth in the grant agreement. Subject to continued employment, attainment will be determined on the third anniversary of the date of grant, with 0% to 200% of the Target Amount vesting on such date depending on the level of attainment.