Douglas Valenti - 23 Aug 2023 Form 4 Insider Report for QUINSTREET, INC (QNST)

Signature
By: Gregory Wong For: Douglas Valenti
Issuer symbol
QNST
Transactions as of
23 Aug 2023
Net transactions value
+$24,850
Form type
4
Filing time
25 Aug 2023, 17:30:56 UTC
Previous filing
14 Aug 2023
Next filing
30 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QNST Common Stock Purchase $24,850 +2,500 +0.14% $9.94 1,847,279 23 Aug 2023 by Trust F1
holding QNST Common Stock 472,359 23 Aug 2023 Direct
holding QNST Common Stock 6,903 23 Aug 2023 by Son F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The shares were purchased at prices between $9.93 and $9.95. The reporting person will provide upon request to the SEC, the issuer, or security holder of the issuer, full information regarding the number of shares purchased at each price.
F2 Shares held by Mr. Valenti's children.