4/A: Quinstreet Director David Pauldine Corrects Transaction Code in Amended SEC Filing

Director David Pauldine of Quinstreet, Inc. files an amended Form 4 to correct a transaction code error related to an open market sale of 300 shares of common stock.

Summary

• David Pauldine, a director at Quinstreet, Inc., filed an amended Form 4 with the SEC.
• The amendment corrects a transaction code error from 'D' to 'S' for an open market sale of 300 shares of common stock.
• The sale occurred on August 21, 2024, at a price of $17.56 per share.
• Following the transaction, Pauldine beneficially owns 166,152 shares indirectly through a trust.

Sentiment

Score: 5

Explanation: The document is a routine correction of a transaction code and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity and is common for publicly traded companies. It does not indicate any significant change in the company's operations or outlook.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The transaction is a relatively small sale of 300 shares, which is not unusual for directors of public companies.
• Other directors and officers of similar companies regularly file Form 4s for similar transactions.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a small sale by a director.

Key Dates

Keywords

SEC Filing, Form 4, Quinstreet, David Pauldine, Stock Sale, Open Market Sale, Transaction Code, Beneficial Ownership