Form 4: Quinstreet Director Sells 10,000 Shares in Open Market Transaction

Andrew T Sheehan, a director at Quinstreet, Inc., sold 10,000 shares of common stock at an average price of $21.50.

Summary

• Andrew T Sheehan, a director of Quinstreet, Inc., sold 10,000 shares of the company's common stock on November 20, 2024.
• The shares were sold at prices ranging from $21.50 to $21.51 per share.
• Following the transaction, Sheehan directly owns 55,018 shares of Quinstreet common stock.
• Sheehan also has indirect ownership of 15,623 shares through a limited partnership and 200 shares through a trust, but disclaims beneficial ownership except for his pecuniary interest.
• The sale was an open market transaction.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of a stock sale by a director, with no indication of positive or negative sentiment.

Risks

• Sales by company directors can sometimes be perceived negatively by the market, potentially impacting the stock price.

Industry Context

This is a routine disclosure of a stock sale by a company director, which is common in the corporate world. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Director share sales are a common occurrence in publicly traded companies.
• The sale of 10,000 shares is not unusual for a director's transaction.
• The price range of $21.50 to $21.51 is within the normal range for open market transactions.

Stakeholder Impact

• The sale may have a minor impact on shareholder sentiment, but is unlikely to have a significant effect on other stakeholders.

Key Dates

Keywords

Quinstreet, Director, Share Sale, Andrew T Sheehan, QNST, Stock Transaction, Beneficial Ownership