Wong Gregory 4
4 · QUINSTREET, INC · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
QuinStreet (QNST) CFO Gregory Wong Sells 8,187 Shares to Cover Taxes
What Happened
QuinStreet CFO Gregory Wong relinquished a total of 8,187 shares on Feb 10, 2026 to satisfy tax withholding obligations related to vested RSUs. Each share was valued at $11.74, for an aggregate value of approximately $96,116. These were not open-market sales for cash gain; the shares were delivered back to the issuer and cancelled in exchange for the company paying the reporting person’s federal and state tax withholding obligations (transaction code F).
Key Details
- Transaction date: 2026-02-10; Filing date: 2026-02-12 (filed within typical 2-business-day window).
- Price per share: $11.74.
- Shares relinquished (by lot): 1,280; 1,931; 1,517; 1,528; 1,931 — total 8,187 shares.
- Total value relinquished: ~$96,116 (sum of reported amounts).
- Footnote: Exempt transaction under Rule 16b-3 — shares were surrendered to the issuer and cancelled so the issuer would pay applicable tax withholding (F1).
- Shares owned after transaction: not specified in the provided filing.
Context
This was a tax-withholding/cashless settlement of vested RSUs, a routine administrative transaction that does not necessarily reflect the insider’s view of the company’s prospects. For investors tracking insider activity, purchases are typically more informative than share-withholdings like this.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-02-10$11.74/sh−1,280$15,027→ 437,187 total - Tax Payment
Common Stock
[F1]2026-02-10$11.74/sh−1,931$22,670→ 435,256 total - Tax Payment
Common Stock
[F1]2026-02-10$11.74/sh−1,517$17,810→ 433,739 total - Tax Payment
Common Stock
[F1]2026-02-10$11.74/sh−1,528$17,939→ 432,211 total - Tax Payment
Common Stock
[F1]2026-02-10$11.74/sh−1,931$22,670→ 430,280 total
Footnotes (1)
- [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.