QCR Holdings Inc. Files Definitive Proxy Statement (DEF 14A)

TL;DR

<b>QCR Holdings Inc. has filed its Definitive Proxy Statement (DEF 14A) for the period ending May 16, 2024.</b>

AI Summary

QCR HOLDINGS INC (QCRH) filed a Proxy Statement (DEF 14A) with the SEC on April 8, 2024. QCR Holdings Inc. filed a DEF 14A form on April 8, 2024. The filing covers the period ending May 16, 2024. The company's fiscal year ends on December 31. QCR Holdings Inc. is incorporated in Delaware. The company's principal business address is in Moline, IL.

Why It Matters

For investors and stakeholders tracking QCR HOLDINGS INC, this filing contains several important signals. This filing is a routine requirement for publicly traded companies to provide shareholders with information regarding annual meetings, director nominations, and executive compensation. Shareholders can review details about the company's governance, executive pay, and voting matters before the upcoming annual meeting.

Risk Assessment

Risk Level: low — QCR HOLDINGS INC shows low risk based on this filing. The filing is a standard DEF 14A, indicating routine corporate governance disclosures rather than immediate financial distress or significant operational changes.

Analyst Insight

Monitor future filings for specific proposals or changes in executive compensation that may impact shareholder value.

Key Numbers

• 2024-04-08 — Filing Date (DEF 14A filing date)
• 2024-05-16 — Period of Report (DEF 14A period of report)
• 1231 — Fiscal Year End (Company fiscal year end)
• 6022 — SIC Code (Standard Industrial Classification)

Key Players & Entities

• QCR HOLDINGS INC (company) — Filer
• DEF 14A (filing) — Form Type
• 2024-04-08T00:00:00.000Z (date) — Filing Date
• 2024-05-16 (date) — Period of Report
• 3551 7TH STREET (address) — Business Address
• MOLINE (location) — Business Address City
• IL (location) — Business Address State
• DE (location) — State of Incorporation

FAQ

Industry Context

QCR Holdings Inc. operates within the commercial banking sector, as indicated by its SIC code 6022.

Regulatory Implications

As a publicly traded company, QCR Holdings Inc. is subject to SEC regulations and filing requirements, including the submission of DEF 14A forms.

What Investors Should Do

1. Review the full DEF 14A filing for detailed information on director nominees and proposals.
2. Analyze executive compensation packages and any changes proposed in the filing.
3. Note the date of the shareholder meeting for any relevant voting decisions.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a routine disclosure. No direct comparison to a previous filing's specific financial metrics is available from this data.

Filing Documents

• qcrh20240403_def14a.htm (DEF 14A) — 971KB
• boarddiversity.jpg (GRAPHIC) — 39KB
• boardofdirectors.jpg (GRAPHIC) — 43KB
• capvsadjustedgraf.jpg (GRAPHIC) — 33KB
• capvsnetgraf.jpg (GRAPHIC) — 30KB
• capvstsrgraf.jpg (GRAPHIC) — 31KB
• hellingsig.jpg (GRAPHIC) — 4KB
• neyernssig.jpg (GRAPHIC) — 3KB
• proxy_01.jpg (GRAPHIC) — 74KB
• proxy_02.jpg (GRAPHIC) — 52KB
• qcrfooter.jpg (GRAPHIC) — 9KB
• qcrheader.jpg (GRAPHIC) — 12KB
• zieglersig.jpg (GRAPHIC) — 3KB
• 0001171843-24-001880.txt (&nbsp;) — 2428KB
• qcrh-20231231.xsd (EX-101.SCH) — 6KB
• qcrh-20231231_def.xml (EX-101.DEF) — 8KB
• qcrh-20231231_lab.xml (EX-101.LAB) — 15KB
• qcrh-20231231_pre.xml (EX-101.PRE) — 8KB
• qcrh20240403_def14a_htm.xml (XML) — 105KB

Security Ownership of Certain Beneficial Owners

Security Ownership of Certain Beneficial Owners 20

Executive Compensation

Executive Compensation 22 Compensation Discussion and Analysis 22 Overview and Executive Summary 22 Objectives of Our Compensation Program 23 Elements of Compensation 24 Compensation Process 27 Analysis of 2023 Compensation 29 Regulatory Considerations 32 Insider Trading Policy 33 Anti-Hedging Policy 33 Anti-Pledging Policy 33 Clawback Policy 33 Share Ownership and Retention Guidelines 33 Compensation Committee Report 34 Summary Compensation Table 35 Grant of Plan-Based Awards 37 Outstanding Equity Awards at Fiscal Year-End 38 Option Exercises and Stock Vested in 2023 39 Pension Benefits 39 Potential Payments upon Termination or Change in Control 40 Compensation Committee Interlocks and Insider Participation 43 CEO Pay Ratio 44 Pay Versus Performance 44 Director Compensation 48 Cash Compensation 48 Equity Award Compensation 49 Proposal 2: Advisory (Non-Binding) Vote to Approve Executive Officer Compensation 50 Proposal 3: Advisory (Non-Binding) Vote Relating to the Frequency of Future Stockholder Votes on the Compensation of Certain Executive Officers 51 Proposal 4: Approval of the QCR Holdings, Inc. 2024 Equity Incentive Plan 52 Proposal 5: Ratification of Selection of Independent Registered Public Accounting Firm 59 Section 16(a) Beneficial Ownership Reporting Compliance 60 Transactions with Management and Directors 60 Audit Committee Report 60 1 PROXY STATEMENT QCR Holdings, Inc., a Delaware corporation ("QCR Holdings"), is the holding company for Quad City Bank and Trust Company, Cedar Rapids Bank and Trust Company, Community State Bank and Guaranty Bank. Quad City Bank and Trust is an Iowa state bank located in Bettendorf and Davenport, Iowa and in Moline, Illinois. Quad City Bank and Trust owns m2 Equipment Finance, LLC, a Wisconsin limited liability company based in Milwaukee, Wisconsin, which is engaged in the business of leasing machinery and equipment to b

View Full Filing

View this DEF 14A filing on SEC EDGAR