Matthew P. Flake - 11 Mar 2026 Form 4 Insider Report for Q2 Holdings, Inc. (QTWO)

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: QTWO
Reported as of: 11 Mar 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 13 Mar 2026, 16:15:58 UTC
Prior SEC filing: 11 Mar 2026
Source filing: View source filing
Reporting owner signature: /s/ M. Scott Kerr, attorney-in-fact

Key filing fact

Matthew P. Flake filed Form 4 for Q2 Holdings, Inc. (QTWO) on 13 Mar 2026.

Key facts

This page summarizes Matthew P. Flake's Form 4 filing for Q2 Holdings, Inc. (QTWO).
4 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 13 Mar 2026, 16:15.

Change

Previous filing in this sequence was filed on 11 Mar 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001597592 Primary reporting owner

Flake Matthew P

Relationship: Chief Executive Officer, Director
Address: 10355 PECAN PARK BLVD., AUSTIN
Signature: /s/ M. Scott Kerr, attorney-in-fact
Signature date: 13 Mar 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

QTWO transaction

Common Stock

Award

Transaction value
Shares: +96,358
Change %: +20%
Price: $0.000000^*
Shares after: 579,560
Date: 11 Mar 2026
Ownership: Direct
Footnotes: F1

QTWO transaction

Common Stock

Award

Transaction value
Shares: +38,542
Change %: +6.7%
Price: $0.000000^*
Shares after: 618,102
Date: 11 Mar 2026
Ownership: Direct
Footnotes: F2

QTWO transaction

Common Stock

Award

Transaction value
Shares: +38,542
Change %: +6.2%
Price: $0.000000^*
Shares after: 656,644
Date: 11 Mar 2026
Ownership: Direct
Footnotes: F3

QTWO transaction

Common Stock

Award

Transaction value
Shares: +19,274
Change %: +2.9%
Price: $0.000000^*
Shares after: 675,918
Date: 11 Mar 2026
Ownership: Direct
Footnotes: F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.