Form 4: Hillary B. Smith, QuinStreet Director, Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Hillary B. Smith reports acquisition of 6,904 shares of QuinStreet common stock through a Restricted Stock Unit (RSU) award.
Summary
- Hillary B. Smith, a director of QuinStreet, Inc. (QNST), filed a Form 4 on November 04, 2024, reporting a transaction on October 31, 2024.
- The transaction involved the acquisition of 6,904 shares of common stock through a Restricted Stock Unit (RSU) award.
- The shares were acquired at a price of $0.00.
- Following the transaction, Ms. Smith directly owns 54,021 shares of QuinStreet common stock.
- She also indirectly owns 3,350 shares through a trust.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing related to an RSU grant, indicating standard compensation practices.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.
Future Outlook
The RSU award vests daily over one year from October 31, 2024.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 10/31/2024 | Date of earliest transaction (acquisition of common stock via RSU) |
| 10/31/2024 | Vesting commencement date of the RSU award |
| 11/04/2024 | Date of Form 4 filing |
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