QuinStreet (QNST) CFO uses company shares to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QuinStreet CFO Gregory Wong reported multiple exempt share dispositions related to equity compensation taxes. On February 10, 2026, he surrendered QuinStreet common stock in several transactions coded “F” at $11.74 per share to satisfy federal and state tax withholding triggered by vesting RSUs.
The shares were relinquished to, and cancelled by, the company in exchange for paying his tax obligations, and were not sold on the open market. After these transactions, Wong directly beneficially owned 430,280 shares of QuinStreet common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Wong Gregory
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,280 | $11.74 | $15K |
| Tax Withholding | Common Stock | 1,931 | $11.74 | $23K |
| Tax Withholding | Common Stock | 1,517 | $11.74 | $18K |
| Tax Withholding | Common Stock | 1,528 | $11.74 | $18K |
| Tax Withholding | Common Stock | 1,931 | $11.74 | $23K |
Holdings After Transaction:
Common Stock — 437,187 shares (Direct)
Footnotes (1)
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FAQ
What did QuinStreet (QNST) CFO Gregory Wong report in this Form 4?
QuinStreet CFO Gregory Wong reported multiple exempt share disposals used to cover tax withholding on vested RSUs. The company cancelled the surrendered shares and paid his federal and state tax obligations instead of an open-market sale.
What does transaction code “F” mean in the QuinStreet (QNST) Form 4?
Transaction code “F” indicates shares used to pay an exercise price or tax liability by delivering or withholding securities. In this case, Wong’s QuinStreet shares were relinquished and cancelled so the company could pay tax withholding from vested RSUs.
Why are Gregory Wong’s QuinStreet (QNST) transactions described as exempt?
They are exempt under Section 16b-3 because they involve share withholding or delivery for tax or exercise costs related to equity awards. The filing states all disposed shares were used solely to cover required taxes from RSU vesting, not discretionary selling.