Valenti Douglas 4
4 · QUINSTREET, INC · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
QuinStreet (QNST) CEO Douglas Valenti Pays Taxes, Gifts 45,088 Shares
What Happened Douglas Valenti, CEO of QuinStreet, did not sell shares on the open market. On Feb 10, 2026, a total of 26,162 shares were relinquished to the company and cancelled to cover federal/state tax withholding arising from vested RSUs — these were reported as disposals at $11.74 per share for a total of $307,141. In the same set of transactions he disposed of (gifted) 45,088 shares to his children; the Form 4 shows the gift as a transfer with no cash proceeds. The shares surrendered to the issuer were used only to satisfy tax obligations, not sold for cash.
Key Details
- Transaction date: Feb 10, 2026; Form 4 filed Feb 12, 2026.
- Withheld/cancelled shares for taxes: 26,162 shares at $11.74 each = $307,141 reported.
- Gift: 45,088 shares transferred to Mr. Valenti’s children (reported as $0 proceeds). At the reported price ($11.74) those shares equal roughly $529,328 in market value.
- Footnotes: Transactions for tax withholding are exempt under Section 16b-3 (shares were relinquished to the issuer and cancelled in exchange for the issuer paying withholding). Footnote indicates the gifted shares are held by his children.
- Filing timeliness: Filed two days after the transfers; appears timely under Form 4 reporting rules.
Context These transactions reflect routine tax-withholding and a family gift rather than an open-market sale or purchase. Tax-withholding via share cancellation (or “net share settlement”) is common when RSUs vest — it reduces the insider’s share count but is not a direct market signal. Gifts likewise do not necessarily indicate the insider’s view of the company’s prospects.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-02-10$11.74/sh−4,261$50,024→ 731,995 total - Tax Payment
Common Stock
[F1]2026-02-10$11.74/sh−8,522$100,048→ 723,473 total - Tax Payment
Common Stock
[F1]2026-02-10$11.74/sh−4,261$50,024→ 719,212 total - Tax Payment
Common Stock
[F1]2026-02-10$11.74/sh−4,253$49,930→ 714,959 total - Tax Payment
Common Stock
[F1]2026-02-10$11.74/sh−4,865$57,115→ 710,094 total - Gift
Common Stock
2026-02-10−45,088→ 665,006 total - Gift
Common Stock
2026-02-10+45,088→ 1,712,912 total(indirect: By Trust)
- 6,903(indirect: By Son)
Common Stock
[F2]
Footnotes (2)
- [F1]Exempt transaction pursuant to Section 16b-3 for payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished to the Issuer by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs. The Reporting Person did not sell or otherwise dispose of any of the Shares in this Form 4 for any reason other than to cover required taxes.
- [F2]Shares held by Mr. Valenti's children.