Form 4: Director David Pauldine Sells 300 Shares of QuinStreet (QNST)

David Pauldine, a director of QuinStreet, Inc., sold 300 shares of common stock at a price of $17.56 on August 21, 2024.

Summary

• On August 21, 2024, David Pauldine, a director of QuinStreet, Inc. (QNST), disposed of 300 shares of common stock.
• The transaction was a sale, with the shares being sold at a price of $17.56 per share.
• Following the transaction, Pauldine directly owns 14,471 shares and indirectly owns 166,152 shares through a trust.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale by a director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders (directors, officers, or those holding 10% or more of a company's shares) trade in their company's stock. These filings provide transparency to the market regarding insider activity.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, although the small number of shares sold may not have a significant impact.

Key Dates