Form 4: Quinstreet Director Matthew Glickman Sells Shares in Multiple Transactions

Director Matthew Glickman sold a total of 30,000 shares of Quinstreet, Inc. stock in two separate transactions on November 12, 2024.

Summary

• Matthew Glickman, a director at Quinstreet, Inc., sold 25,036 shares of common stock on November 12, 2024, at an average price of $22.56.
• He also sold an additional 4,964 shares on the same day at an average price of $22.99.
• The total number of shares sold was 30,000.
• Following these transactions, Glickman directly owns 113,140 shares and indirectly owns 10,000 shares through a trust.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of stock sales by a director. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. These filings are closely watched by investors for insights into management's view of the company's prospects.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the US, and the information provided is consistent with what is expected in such filings.
• The level of detail provided, including the price ranges for the sales, is typical for these types of disclosures.
• There are no unusual or unexpected elements in this filing compared to similar filings from other companies.

Stakeholder Impact

• The stock sales by a director could be interpreted by shareholders as a lack of confidence in the company, although this is not necessarily the case.
• The transactions are unlikely to have a direct impact on employees, customers, or suppliers.

Key Dates

Keywords

Quinstreet, insider trading, stock sale, Matthew Glickman, director, QNST, share transaction