[Form 5] QuinStreet, Inc. Annual Statement of Beneficial Ownership

Rhea-AI Filing Summary

QuinStreet director Andrew T. Sheehan reported changes in beneficial ownership for the fiscal year ended 06/30/2025. The Form 5 lists common stock transactions dated 11/22/2024 with transaction code G and shows numbers including 47,286, 47,486, 15,623 and 7,732 shares. The table differentiates direct and indirect holdings and provides per-line amounts for each class.

The filer discloses that certain shares are held by a trust for which he is trustee and by a limited partnership for which he is the managing director, and the reporting person expressly disclaims beneficial ownership of those shares except for his pecuniary interest. The Form identifies Sheehan as a Director of QuinStreet and reports the transaction details without additional earnings, valuation, or forward-looking information.

Positive

• Director identified: Reporting person is Andrew T. Sheehan, listed as a Director of QuinStreet.
• Transaction transparency: The Form reports common stock activity dated 11/22/2024 and uses transaction code G (gift) in the schedule.
• Indirect holdings disclosed: Footnotes explicitly state shares held by a trust and a limited partnership with accompanying disclaimers of beneficial ownership.
• Specific share amounts reported: The filing lists amounts including 47,286, 47,486, 15,623, and 7,732 shares.

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine director ownership disclosure showing gift transactions and mixed direct/indirect holdings; no operational metrics provided.

The Form 5 documents common stock activity dated 11/22/2024 using transaction code G, indicating gift transfers, and reports both direct and indirect positions. Key figures in the filing include 47,286 and 47,486 shares as well as 15,623 and 7,732 shares noted in the schedule. For investors this clarifies the director's legal ownership structure but contains no revenue, earnings, or debt data that would change valuation models.

Corporate Governance Expert

TL;DR: The filing provides transparent attribution of trust and partnership holdings and appropriate disclaimers of beneficial ownership.

The explanatory footnotes state that some shares are held by a trust (trustee relationship) and a limited partnership (managing director of general partner), with explicit disclaimers of beneficial ownership except for pecuniary interest. This is standard governance disclosure that helps stakeholders understand voting and economic interests, without indicating any change in corporate control or governance arrangements.

SEC Form 5

FORM 5

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

ANNUAL 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:			3235-0362
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hours per response:			1.0

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

Form 3 Holdings Reported.

Form 4 Transactions Reported.

1. Name and Address of Reporting Person^*

SHEEHAN ANDREW T

(Last) (First) (Middle)

950 TOWER LANE, 12TH FLOOR

(Street)

FOSTER CITY CA 94404

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
QUINSTREET, INC [ QNST ]

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
06/30/2025

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

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

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

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 at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
				Amount	(A) or (D)	Price
Common Stock	11/22/2024		G	47,286	D	$0.0	7,732	D
Common Stock	11/22/2024		G	47,286	A	$0.0	47,486	I	by Trust(1)
Common Stock							15,623	I	by Partnership(2)

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)
					(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares held by a trust of which the reporting person is a trustee. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.

2. Shares held by a limited partnership of which the reporting person is the managing director of its general partner. The reporting person disclaims beneficial ownership of these shares except as to the reporting person's pecuniary interest therein.

	By: Gregory Wong For: Andrew T. Sheehan	08/13/2025
	** 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.

FAQ

Who filed the Form 5 for QuinStreet (QNST)?

The Form 5 was filed for Andrew T. Sheehan, identified in the filing as a Director.

What transactions are reported on the Form 5 for QNST?

The schedule lists common stock transactions dated 11/22/2024 and shows transaction code G, indicating gifts, with share amounts shown in the table.

Does the filing show indirect holdings or trusts for Andrew T. Sheehan?

Yes. The explanatory notes state some shares are held by a trust (trustee relationship) and by a limited partnership (managing director), with disclaimers of beneficial ownership except for pecuniary interest.

What fiscal year does this Form 5 cover for QNST?

The statement is for the issuer's fiscal year ended 06/30/2025.

What specific share amounts appear on the Form 5?

The form lists share figures including 47,286, 47,486, 15,623, and 7,732 in the transaction and ownership columns.