Andrew T Sheehan, Board Member at QuinStreet (NASDAQ:QNST), reported a large exercise of company stock options on November 16, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Sheehan, Board Member at QuinStreet, a company in the Communication Services sector, just exercised stock options worth 50,000 shares of QNST stock with an exercise price of $3.4.
QuinStreet shares are trading down 0.0% at $11.21 at the time of this writing on Friday morning. Since the current price is $11.21, this makes Sheehan's 50,000 shares worth $560,500.
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