QuinStreet (QNST) CFO sells 26,296 shares and surrenders 28,393 for RSU taxes
Rhea-AI Filing Summary
QuinStreet, Inc. CFO Gregory Wong reported multiple transactions in common stock. On August 7, 2026, he sold 26,296 shares at $20.09 per share in a transaction executed under a Rule 10b5-1 trading plan. On August 10, 2026, he relinquished 28,393 shares at $22.02 per share, which were cancelled by the company to cover federal and state tax withholding obligations arising from the vesting of RSUs, in exempt transactions under Section 16b-3.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 54,689 shares
Net Sell
8 txns
Insider
Wong Gregory
Role
CFO
Sold
26,296 shs ($528K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock F3 | 1,590 | $22.02 | $35K |
| Exercise Price or Tax Liability | Common Stock F3 | 2,166 | $22.02 | $48K |
| Exercise Price or Tax Liability | Common Stock F3 | 9,541 | $22.02 | $210K |
| Exercise Price or Tax Liability | Common Stock F3 | 9,541 | $22.02 | $210K |
| Exercise Price or Tax Liability | Common Stock F3 | 2,166 | $22.02 | $48K |
| Exercise Price or Tax Liability | Common Stock F3 | 1,683 | $22.02 | $37K |
| Exercise Price or Tax Liability | Common Stock F3 | 1,706 | $22.02 | $38K |
| Sale | Common Stock F1, F2 | 26,296 | $20.09 | $528K |
Holdings After Transaction:
Common Stock — 493,490 shares (Direct)
Footnotes (3)
- F1. The shares sold on August 7, 2026, and reported on this Form 4 were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 6, 2026.
- F2. The shares were sold at prices ranging from $20.00 to $20.30. The Reporting Person will provide upon request to the Securities and Exchange Commission, the issuer, or security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F3. 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.
Key Figures
Open market sale shares: 26,296 shares
Open market sale price: $20.09 per share
Sale price range: $20.00 to $20.30
+3 more
6 metrics
Open market sale shares
26,296 shares
Common stock sold by CFO Gregory Wong on August 7, 2026
Open market sale price
$20.09 per share
Reported sale price for 26,296 shares on August 7, 2026
Sale price range
$20.00 to $20.30
Range of prices at which the 26,296 shares were sold
Tax withholding shares
28,393 shares
Shares relinquished on August 10, 2026 for tax withholding from RSU vesting
Tax withholding reference price
$22.02 per share
Price used for shares relinquished and cancelled for tax obligations
Rule 10b5-1 adoption date
March 6, 2026
Adoption date of trading plan covering the August 7, 2026 sale
Key Terms
Rule 10b5-1 trading plan, Section 16b-3, RSUs, tax withholding obligations
4 terms
Rule 10b5-1 trading plan regulatory
"sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Section 16b-3 regulatory
"Exempt transaction pursuant to Section 16b-3 for payment of exercise price or tax liability"
RSUs financial
"resulting from the vesting of RSUs"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
tax withholding obligations financial
"in exchange for the Issuer's agreement to pay federal and state tax withholding obligations"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did QuinStreet (QNST) CFO Gregory Wong report?
CFO Gregory Wong reported a sale of 26,296 QuinStreet shares on August 7, 2026 and 28,393 shares relinquished on August 10, 2026 to cover tax obligations from RSU vesting, all involving common stock.
Were the QuinStreet (QNST) insider transactions under a Rule 10b5-1 plan?
Yes. The August 7, 2026 sale of 26,296 shares by CFO Gregory Wong was executed under a Rule 10b5-1 trading plan adopted on March 6, 2026, and the filing’s Rule 10b5-1 checkbox is marked true.