QCR Holdings (QCRH) HR chief exercises performance awards into common stock

Rhea-AI Filing Summary

QCR Holdings EVP and Chief HR Officer Nicole A. Lee reported exercising derivative awards tied to company stock. She acquired 234 shares of QCR Holdings common stock at $38.81 per share through an exercise classified as a non-derivative transaction, bringing her direct holdings to 3,249 shares.

In a related derivative entry, she exercised 322 performance shares convertible into QCR Holdings common stock at a conversion price of $38.81, with 322 derivative performance shares reported as held following the transaction. The filing shows compensation-related equity activity rather than open-market buying or selling.

Insights

Equity compensation analyst

Routine equity award exercise; no open-market trading signal.

EVP and Chief HR Officer Nicole A. Lee exercised performance-based equity awards tied to QCR Holdings common stock. The filing classifies both entries with code M, described as an exercise or conversion of a derivative security, not as open-market purchases or sales.

One line shows 234 common shares at $38.81 per share with 3,249 shares held directly afterward. Another records 322 performance shares with a $38.81 conversion price and a 2027-06-01 expiration. With no remaining derivative positions listed, this appears to be a standard compensation event.

Because the transactions are exercises rather than discretionary market trades and represent a relatively small direct holding, they carry limited information about management’s view of the stock. Future company filings may provide additional context on broader equity compensation trends.

Insider Trade Summary

Net Buyer: 234 shares

Net Buy 2 txns

Insider Lee Nicole A

Role EVP, Chief HR Officer

Type	Security	Shares	Price	Value
Exercise	Performance Shares	322	$0.00	$0.00
Exercise	Common Stock	234	$38.81	$9K

Holdings After Transaction: Performance Shares — 322 shares (Direct); Common Stock — 3,249 shares (Direct)

Key Figures

Common shares acquired: 234 shares at $38.81 Shares held after transaction: 3,249 shares Performance shares exercised: 322 performance shares +2 more

5 metrics

Common shares acquired 234 shares at $38.81 Non-derivative transaction on 2026-06-01

Shares held after transaction 3,249 shares Direct ownership following exercise

Performance shares exercised 322 performance shares Derivative transaction on 2026-06-01

Conversion price $38.81 per share Exercise/conversion price for performance shares

Derivative expiration 2027-06-01 Expiration date for performance share award

Key Terms

Performance Shares, derivative security, Exercise or conversion of derivative security, non-derivative

4 terms

Performance Shares financial

"The filing lists 322 "Performance Shares" as a derivative security."

Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.

derivative security financial

"Transaction code M is described as "Exercise or conversion of derivative security"."

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

Exercise or conversion of derivative security financial

"The transaction_code_description reads "Exercise or conversion of derivative security" for both entries."

non-derivative financial

"One line is classified as a "non-derivative" transaction in common stock."

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/03/2026 - 02:30 PM Accepted by SEC EDGAR 06/03/2026 - 02:29 PM Learn about SEC filing dates

FAQ

What insider transaction did QCRH executive Nicole A. Lee report?

Nicole A. Lee reported exercising equity awards rather than trading on the open market. She converted derivative-based compensation into QCR Holdings common stock, reflecting routine use of performance-related awards granted as part of her executive compensation package.

How many QCRH common shares does Nicole A. Lee hold after this Form 4?

After the reported transaction, Nicole A. Lee directly holds 3,249 QCR Holdings common shares. This figure comes from the non-derivative line in the filing, which lists 3,249 shares as her total direct ownership following the exercise activity.

What was the exercise or conversion price for Nicole A. Lee’s QCRH performance shares?

The performance shares carried an exercise or conversion price of $38.81 per share. This price is disclosed in the derivative section of the filing and represents the value at which the performance-based awards convert into QCR Holdings common stock.

How many QCRH performance shares did Nicole A. Lee exercise on this date?

She exercised 322 performance shares linked to QCR Holdings common stock. The derivative entry shows 322 performance shares with an equal number of underlying common shares, all associated with the same exercise price and expiration date disclosed in the filing.

Does this QCRH Form 4 show open-market buying or selling activity?

The Form 4 does not show open-market buying or selling. Both transactions are coded M, described as exercises or conversions of derivative securities, indicating compensation-related activity instead of discretionary purchases or sales on the public market.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lee Nicole A

(Last) (First) (Middle)

3551 SEVENTH STREET

SUITE 204

(Street)

MOLINE ILLINOIS 61265

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
QCR HOLDINGS INC [ QCRH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief HR Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/01/2026		M		234	A	$38.81	3,249	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Shares	$38.81	06/01/2026		M			322	06/01/2024	06/01/2027	Common Stock	322	$0.0	322	D

Explanation of Responses:

	By: Shellee Showalter For: Nicole Lee	06/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)