Q2 Holdings GC Kerr Sells Stock Under 10b5-1 Plan Near 52-Week High
Q2 Holdings general counsel Michael Kerr sold about $198,620 of QTWO stock under a pre-set 10b5-1 plan. Here is what the filing shows and what traders may watch.
In this article
Michael Kerr, general counsel at Q2 Holdings (NASDAQ: QTWO), has sold roughly $198,620 of the company's common stock, according to a report published by Investing.com on 13 November 2026. Insider sales are closely watched by stock traders, but the details of the plan behind a trade often matter more than the headline dollar figure.
Key takeaways
- Kerr's sale was worth approximately $198,620 and took place on 11 November 2026.
- The shares were sold at a weighted average price of $74.81, in several transactions between $74.24 and $75.31.
- The trade was made under a Rule 10b5-1 plan that Kerr adopted on 12 August 2026.
- After the sale, he directly holds 78,084 shares of Q2 Holdings common stock.
What the filing shows
Investing.com reports that Kerr sold shares of the company's common stock on November 11, 2026, and that the weighted average price was $74.81 per share, with individual fills ranging from $74.24 to $75.31.
The report also notes that the sale was executed under a Rule 10b5-1 trading plan, which Mr. Kerr adopted on August 12, 2026. These plans let company insiders schedule future sales in advance, so a trade is not necessarily a fresh signal about what the insider thinks of the stock on the day it happens. Following the transaction, Kerr directly holds 78,084 shares.
Context: where the stock stands
According to the same report, the sale came as Q2 Holdings stock trades near its 52-week high of $76.37, after a 65% rise over the past six months. It adds that InvestingPro analysis rates the stock as undervalued relative to its Fair Value, with a "GREAT" financial health score. These are third-party analytical views, not guarantees about future performance.
This is not Kerr's first reported sale this year. Earlier filings covered by Investing.com described smaller sales in issuer-mandated transactions to cover tax withholding on vesting restricted stock units. The November sale is described differently: it was made under a pre-arranged 10b5-1 plan, not as a tax-withholding sale.
Wider market backdrop
The story is company-specific and has no direct link to currencies or crypto, but risk appetite was uneven across markets at the time of writing (23:57 UTC on Friday). In large-cap US stocks, Meta Platforms was up 2.90% on the day, while Broadcom was down 4.76% and NVIDIA was down 2.01%. In crypto, Bitcoin was down 4.40% at 68,288.74, and Ethereum was down 4.50% at 1,928.22. In forex, EUR/USD stood at 1.10280, down 0.28% on the day.
What traders may watch next
- Whether further Form 4 filings show additional sales under the same plan, which would suggest a scheduled selling programme.
- How QTWO behaves around its 52-week high of $76.37.
- Whether other Q2 Holdings executives report similar transactions.
Insider selling is one data point among many. Executives sell for tax planning, diversification and personal reasons, so it rarely tells the full story on its own.
Markets are volatile and this article is for education only, not investment advice.
Frequently asked questions
How much did Q2 Holdings general counsel Michael Kerr sell?
Investing.com reported a sale worth approximately $198,620, executed on 11 November 2026 at a weighted average price of $74.81 per share.
What is a Rule 10b5-1 trading plan?
It is a pre-arranged plan that lets company insiders schedule share sales in advance. Kerr adopted his plan on 12 August 2026, so the sale was not necessarily decided on the day it happened.
Does insider selling mean a stock will fall?
Not necessarily. Insiders may sell for tax, diversification or personal reasons, and scheduled plan sales carry less information than discretionary trades. It is one factor among many for traders to consider.