QuinStreet (QNST) Director Ahmed Asmau Sells Shares

What Happened

• Director Ahmed Asmau sold a total of 15,000 QuinStreet (QNST) shares in two open-market transactions. On 2026-08-11 he sold 5,000 shares at $20.79 (proceeds ~$103,950) and on 2026-08-12 he sold 10,000 shares at $20.43 (proceeds ~$204,300), for combined proceeds of about $308,250. These were outright sales (code S), which are typically routine dispositions rather than purchases that signal increased insider conviction.

Key Details

• Transaction dates and reported prices:
  • 2026-08-11: 5,000 shares sold at $20.79 (footnote indicates some shares in this tranche sold between $20.79–$20.83)
  • 2026-08-12: 10,000 shares sold at $20.43 (footnote indicates some shares in this tranche sold between $20.40–$20.46)
• Total shares sold: 15,000; approximate total proceeds: $308,250.
• Post-transaction holdings: not provided in the details you supplied (the Form 4 would show holdings if reported).
• Footnotes: F1 and F2 state that subsets of each tranche were sold at prices within small ranges and that the reporting person will provide, upon request, the number of shares sold at each separate price.
• Filing timeliness: Form filed 2026-08-13 for transactions on Aug 11–12 — within the typical 2-business-day Form 4 reporting window.

Context

• Sales by directors are common for diversification, tax, or liquidity reasons; they do not by themselves indicate company performance. Because these were sales (not purchases or option exercises), they are less informative about insider confidence than purchases would be. If you want exact per-share prices for each lot, the footnotes say the filer will provide that breakdown on request.