| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | QNST | Common Stock | Sale | -$250K | -10K | -0.54% | $25.02 | 1.84M | Feb 5, 2025 | by Trust | F1, F2 |
| transaction | QNST | Common Stock | Sale | -$464K | -18.4K | -1% | $25.28 | 1.82M | Feb 6, 2025 | by Trust | F1, F3 |
| holding | QNST | Common Stock | 684K | Feb 5, 2025 | Direct | ||||||
| holding | QNST | Common Stock | 6.9K | Feb 5, 2025 | by Son | F4 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | These sales were effected pursuant to a Rule 10b5-1 trading plan that was adopted by the reporting person on September 6th, 2024. The plan was implemented to meet long-term estate planning and diversification objectives of the reporting person and extended over a multi-year period. |
| F2 | The shares were sold at prices between $25.00 to $25.10. The reporting person will provide upon request to the SEC, the issuer, or security holder of the issuer, full information regarding the number of shares sold at each price. |
| F3 | The shares were sold at prices between $25.25 to $25.50. The reporting person will provide upon request to the SEC, the issuer, or security holder of the issuer, full information regarding the number of shares sold at each price. |
| F4 | Shares held by Mr. Valenti's children. |