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AI brief of an SEC Form 8-K · Q2 Holdings (QTWO)

Q2 Holdings promotes CFO Jonathan Price to co-CEO and adds him to board

Neutral Impact 4 of 5 leadership

Effective October 29, 2026, Q2 Holdings named CFO Jonathan Price co-CEO alongside Matthew Flake, who remains president and chairman, and appointed Price to a board expanded from seven to eight members. Price will also keep the CFO role during the company's search for a new CFO, and his pay and severance terms were revised as part of the change.

Key points

  • Effective October 29, 2026, Price becomes co-CEO alongside Flake; the board increases from seven to eight members.
  • Price's annual base salary rises to $520,000, and he receives an RSU grant valued at $3 million vesting over four years.
  • Price remains chief financial officer during the search for a new CFO, with no date for that search given in the filing.
  • Severance is set at 200% of base salary plus a pro-rata bonus, or 250% as a lump sum if terminated within 60 days before to 24 months after a change in control.

The filing

CompanyQ2 Holdings (QTWO)
Form8-K, current report
Filed with the SECOct 28, 2026, 4:17 PM ET
Accession number0001410384-26-000063

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.