QuinStreet (QNST) CFO Gregory Wong sells 22,057 shares in open market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QuinStreet, Inc. Chief Financial Officer Gregory Wong reported an open-market sale of Common Stock. He sold 22,057 shares at an average price of $12.19 per share. After this sale, he continues to hold 400,682 shares directly, indicating he retains a substantial equity position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 22,057 shares ($268,875)
Net Sell
1 txn
Insider
Wong Gregory
Role
CFO
Sold
22,057 shs ($269K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 22,057 | $12.19 | $269K |
Holdings After Transaction:
Common Stock — 400,682 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 22,057 shares
Sale price: $12.19 per share
Shares held after: 400,682 shares
+2 more
5 metrics
Shares sold
22,057 shares
Open-market sale of Common Stock
Sale price
$12.19 per share
Average price for the reported sale
Shares held after
400,682 shares
Direct ownership after the transaction
Net share change
-22,057 shares
Net buy/sell shares in transactionSummary
Sell transactions count
1 transaction
Single reported sale on Form 4
Key Terms
Form 4, open-market sale, Common Stock, transaction code "S"
4 terms
Form 4 regulatory
"This open-market sale was disclosed on a Form 4 insider trading report."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
open-market sale financial
"It is classified as an open-market sale of Common Stock."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"He sold 22,057 shares of Common Stock at an average price of $12.19 per share."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
transaction code "S" regulatory
"The filing shows transaction code "S," indicating a sale in open market or private transaction."
FAQ
What insider transaction did QuinStreet (QNST) report for CFO Gregory Wong?
QuinStreet reported that CFO Gregory Wong sold 22,057 shares of Common Stock in an open-market transaction. The shares were sold at an average price of $12.19 each, and the transaction was disclosed on a Form 4 insider trading report.
Was the QuinStreet (QNST) CFO transaction a buy or a sell?
The transaction was a sale. Form 4 data classify it as an open-market sale of 22,057 QuinStreet Common Stock shares, with a transaction code "S" and transaction direction labeled as "sell" in the filing summary.
Does the QuinStreet (QNST) Form 4 show any option exercises or derivatives for the CFO?
No derivative transactions are listed for this Form 4. The derivativeSummary section is empty, and the transactionSummary shows zero option exercises, indicating only a common stock sale was reported for this event.