QuinStreet (QNST) CEO Douglas Valenti Receives RSU/PSU Awards
$QNST · QUINSTREET, INCResearch Summary
AI-generated summary of this SEC filing
QuinStreet (QNST) CEO Douglas Valenti Receives RSU/PSU Awards
What Happened
Douglas Valenti, CEO of QuinStreet, received three equity awards on July 29, 2026, totaling 393,802 shares (13,802 + 190,000 + 190,000) at $0.00 per share. These were award/grant transactions (not open-market buys or sales): one performance-based RSU/PSU award that was earned and two time-based RSU awards, each subject to different vesting schedules.
Key Details
- Transaction date: July 29, 2026. Form 4 filed July 31, 2026 (filed within the usual two-business-day window).
- Awards and vesting (per filing footnotes):
- 13,802 shares — performance-based RSU/PSU earned for FY ending June 30, 2026; 25% vests Aug 10, 2026, remainder vests quarterly over 3 years (Footnote F3).
- 190,000 shares — RSU that vests 100% on August 10, 2027 (Footnote F1).
- 190,000 shares — RSU with vesting commencement Aug 10, 2026; vests 25% after one year and then quarterly over 3 years (initial vest Aug 10, 2027; final Aug 10, 2030) (Footnote F2).
- Acquisition price: $0.00 per share (compensatory grant). Total immediate cash paid: $0.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Additional note: Footnote F4 indicates some shares are held by Mr. Valenti’s children (reported holdings may include family-held shares).
Context
RSUs are time-based compensation that convert to shares as they vest; PSUs are performance-based and were earned based on company metrics for the prior fiscal year. These grants are standard executive compensation and do not represent open-market buying or selling by the insider. For retail investors, such awards mainly reflect pay structure and potential future insider-held shares once vesting occurs, rather than an immediate trading signal.