QNST CEO Valenti reports tax-withholding entries and trust reclassification
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QuinStreet (QNST) CEO and director Douglas Valenti reported insider transactions on 11/10/2025. Multiple Code F entries show shares were withheld at $14.42 per share to cover taxes from RSU vesting under an exempt transaction, with shares relinquished to the issuer for withholding obligations and no open‑market sales.
The filing also records a Code G reclassification of 35,065 shares at $0.00, moving them from direct ownership to a trust. Following these transactions, beneficial holdings were 736,256 shares direct and 1,985,574 shares indirect by trust, plus 6,903 shares indirectly held by a son.
Positive
- None.
Negative
- None.
Insider Trade Summary
70,130 shares gifted
Mixed
8 txns
Insider
Valenti Douglas
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 6,031 | $14.42 | $87K |
| Tax Withholding | Common Stock | 12,061 | $14.42 | $174K |
| Tax Withholding | Common Stock | 6,031 | $14.42 | $87K |
| Tax Withholding | Common Stock | 6,031 | $14.42 | $87K |
| Tax Withholding | Common Stock | 6,031 | $14.42 | $87K |
| Gift | Common Stock | 35,065 | $0.00 | -- |
| Gift | Common Stock | 35,065 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 801,475 shares (Direct);
Common Stock — 1,985,574 shares (Indirect, by Trust)
Footnotes (1)
- Exempt transaction pursuant to Section 16b-3 for payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished to the Issuer by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs. The Reporting Person did not sell or otherwise dispose of any of the shares in this Form 4 for any reason other than to cover required taxes. Shares held by Mr. Valenti's children.
FAQ
What did QNST’s CEO report in this Form 4?
Douglas Valenti reported multiple Code F withholdings at $14.42 per share to cover RSU-related taxes and a Code G reclassification of 35,065 shares to a trust.
Were any open-market sales disclosed for QNST?
No. The shares in the Code F entries were relinquished to the issuer to satisfy tax withholding from RSU vesting, not sold on the open market.
What is the significance of Transaction Code F at $14.42 for QNST?
Code F indicates the issuer withheld shares at $14.42 per share to cover tax obligations from RSU vesting, an exempt transaction under Section 16b-3.
What does the Code G transaction mean for QNST’s CEO?
A Code G reclassification moved 35,065 shares from direct ownership to a trust at $0.00, shifting how those shares are held.
What relationship does the reporting person have to QNST?
Douglas Valenti is a Director and Chief Executive Officer of QuinStreet, Inc.