Form 4: QuinStreet CFO Gregory Wong Sells Shares
SEC Form 4
Gregory Wong, CFO of QuinStreet, Inc., sold 41,855 shares of common stock on September 12, 2024.
Summary
- Gregory Wong, the CFO of QuinStreet, Inc. (QNST), sold 40,000 shares of common stock at a price of $18.66 on September 12, 2024.
- He also sold 1,855 shares of common stock at a price of $18.56 on the same day.
- Following these transactions, Wong directly owns 383,352 shares of QuinStreet common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating insider trading activity. It's neutral in sentiment as it simply reports facts.
Industry Context
Insider sales are a common occurrence and can be for various reasons, including diversification or personal financial planning. It's important to consider the context of the sale, such as the overall trading volume and the company's performance.
Stakeholder Impact
- The stock sale could potentially influence investor sentiment, although the impact is likely to be minimal given the relatively small number of shares sold compared to the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 09/12/2024 | Date of stock sale transactions |
| 09/16/2024 | Date of signature on the Form 4 filing |
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