STOCK TITAN

[Form 4] QuickLogic Corp Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Timothy Saxe, Sr. VP and CTO of QuickLogic Corp (QUIK), reported a sale of 8,769 shares of common stock on 08/28/2025 at a price of $5.3941 per share. The filing states the shares were sold to cover taxes from restricted stock units that vested on August 24, 2025. After the transaction, Mr. Saxe beneficially owned 116,468 shares, held directly. The Form 4 was filed by one reporting person and signed by an attorney-in-fact on 08/29/2025.

Timothy Saxe, vicepresidente senior e CTO di QuickLogic Corp (QUIK), ha venduto 8.769 azioni ordinarie il 28/08/2025 al prezzo di $5,3941 per azione. La comunicazione dichiara che le azioni sono state cedute per coprire le imposte relative a unità di azioni vincolate che sono maturate il 24 agosto 2025. Dopo l'operazione, il sig. Saxe possedeva direttamente beneficiariamente 116.468 azioni. Il Modulo 4 è stato presentato da un unico soggetto dichiarante e firmato da un procuratore il 29/08/2025.

Timothy Saxe, vicepresidente sénior y CTO de QuickLogic Corp (QUIK), vendió 8.769 acciones ordinarias el 28/08/2025 a $5,3941 por acción. El informe indica que las acciones se vendieron para cubrir impuestos derivados de unidades de acciones restringidas que vencieron el 24 de agosto de 2025. Tras la operación, el Sr. Saxe poseía beneficiariamente de forma directa 116.468 acciones. El Formulario 4 fue presentado por una sola persona informante y firmado por un apoderado el 29/08/2025.

Timothy Saxe는 QuickLogic Corp (QUIK)의 수석 부사장 겸 CTO로서 2025-08-28에 보통주 8,769주를 주당 $5.3941에 매도했습니다. 제출서류에는 해당 주식이 2025년 8월 24일에 베스팅된 제한주식 단위(RSU)의 세금을 충당하기 위해 처분되었다고 기재되어 있습니다. 거래 후 Saxe 씨는 직접적으로 총 116,468주를 실질적으로 보유하고 있었습니다. Form 4는 한 명의 보고자가 제출했으며 2025-08-29에 대리인이 서명했습니다.

Timothy Saxe, vice-président principal et CTO de QuickLogic Corp (QUIK), a déclaré la vente de 8 769 actions ordinaires le 28/08/2025 au prix de 5,3941 $ par action. Le dépôt précise que ces actions ont été cédées pour couvrir les impôts liés à des unités d'actions restreintes devenues acquises le 24 août 2025. Après la transaction, M. Saxe détenait directement à titre bénéficiaire 116 468 actions. Le formulaire 4 a été déposé par une seule personne déclarante et signé par un mandataire le 29/08/2025.

Timothy Saxe, Senior VP und CTO von QuickLogic Corp (QUIK), meldete den Verkauf von 8.769 Stammaktien am 28.08.2025 zu einem Kurs von $5,3941 je Aktie. In der Meldung heißt es, die Aktien seien verkauft worden, um die Steuern auf Restricted Stock Units, die am 24. August 2025 fällig wurden, zu begleichen. Nach der Transaktion hielt Herr Saxe direkt wirtschaftlich 116.468 Aktien. Das Formular 4 wurde von einer meldenden Person eingereicht und am 29.08.2025 von einem Bevollmächtigten unterschrieben.

Positive
  • Timely and specific disclosure of the sale, including date, price, and the stated reason (taxes on vested RSUs)
  • Reporting shows ongoing direct ownership of 116,468 shares after the transaction
Negative
  • Insider sale of 8,769 shares reduces the reporting person’s holdings, though sale is stated to be for tax purposes

Insights

TL;DR: Routine insider tax-sale of vested RSUs; small reduction in direct holdings, no new grants or purchases reported.

The filing documents a sale of 8,769 shares at $5.3941 to satisfy tax obligations from RSUs vested four days earlier. This is a common administrative sale and does not indicate an acquisition or exercise activity. The report shows 116,468 shares remain beneficially owned directly by the reporting person, so the sale reduced holdings but did not eliminate a material stake. No derivative transactions or additional compensatory grants are disclosed in this Form 4.

TL;DR: Disclosure complies with Section 16 timing; transaction was executed to cover tax withholding on vested RSUs.

The Form 4 clearly states the transaction code and the reason for the sale as tax withholding on vested restricted stock units, which aligns with standard insider practice. Filing was made by a single reporting person and signed via attorney-in-fact. There is no indication of Rule 10b5-1 plan usage in the form, and no amendments or additional material governance actions are recorded.

Timothy Saxe, vicepresidente senior e CTO di QuickLogic Corp (QUIK), ha venduto 8.769 azioni ordinarie il 28/08/2025 al prezzo di $5,3941 per azione. La comunicazione dichiara che le azioni sono state cedute per coprire le imposte relative a unità di azioni vincolate che sono maturate il 24 agosto 2025. Dopo l'operazione, il sig. Saxe possedeva direttamente beneficiariamente 116.468 azioni. Il Modulo 4 è stato presentato da un unico soggetto dichiarante e firmato da un procuratore il 29/08/2025.

Timothy Saxe, vicepresidente sénior y CTO de QuickLogic Corp (QUIK), vendió 8.769 acciones ordinarias el 28/08/2025 a $5,3941 por acción. El informe indica que las acciones se vendieron para cubrir impuestos derivados de unidades de acciones restringidas que vencieron el 24 de agosto de 2025. Tras la operación, el Sr. Saxe poseía beneficiariamente de forma directa 116.468 acciones. El Formulario 4 fue presentado por una sola persona informante y firmado por un apoderado el 29/08/2025.

Timothy Saxe는 QuickLogic Corp (QUIK)의 수석 부사장 겸 CTO로서 2025-08-28에 보통주 8,769주를 주당 $5.3941에 매도했습니다. 제출서류에는 해당 주식이 2025년 8월 24일에 베스팅된 제한주식 단위(RSU)의 세금을 충당하기 위해 처분되었다고 기재되어 있습니다. 거래 후 Saxe 씨는 직접적으로 총 116,468주를 실질적으로 보유하고 있었습니다. Form 4는 한 명의 보고자가 제출했으며 2025-08-29에 대리인이 서명했습니다.

Timothy Saxe, vice-président principal et CTO de QuickLogic Corp (QUIK), a déclaré la vente de 8 769 actions ordinaires le 28/08/2025 au prix de 5,3941 $ par action. Le dépôt précise que ces actions ont été cédées pour couvrir les impôts liés à des unités d'actions restreintes devenues acquises le 24 août 2025. Après la transaction, M. Saxe détenait directement à titre bénéficiaire 116 468 actions. Le formulaire 4 a été déposé par une seule personne déclarante et signé par un mandataire le 29/08/2025.

Timothy Saxe, Senior VP und CTO von QuickLogic Corp (QUIK), meldete den Verkauf von 8.769 Stammaktien am 28.08.2025 zu einem Kurs von $5,3941 je Aktie. In der Meldung heißt es, die Aktien seien verkauft worden, um die Steuern auf Restricted Stock Units, die am 24. August 2025 fällig wurden, zu begleichen. Nach der Transaktion hielt Herr Saxe direkt wirtschaftlich 116.468 Aktien. Das Formular 4 wurde von einer meldenden Person eingereicht und am 29.08.2025 von einem Bevollmächtigten unterschrieben.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
SAXE TIMOTHY

(Last) (First) (Middle)
2220 LUNDY AVENUE

(Street)
SAN JOSE CA 95131

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
QUICKLOGIC Corp [ QUIK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SR. VP AND CTO
3. Date of Earliest Transaction (Month/Day/Year)
08/28/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/28/2025 S 8,769(1) D $5.3941 116,468 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares were sold to cover the taxes from restricted stock units that vested on August 24, 2025.
/s/ Harjit Lally, Attorney-in-Fact 08/29/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did QuickLogic (QUIK) insider Timothy Saxe report on Form 4?

The Form 4 reports a sale of 8,769 common shares on 08/28/2025 at $5.3941 per share to cover taxes from RSUs vested on August 24, 2025.

How many QuickLogic shares does Timothy Saxe own after the sale?

After the reported transaction, Mr. Saxe beneficially owned 116,468 shares, held directly.

Was the sale related to an RSU vesting event?

Yes. The filing explicitly states the shares were sold to cover taxes from restricted stock units that vested on August 24, 2025.

When was the Form 4 filed and who signed it?

The filing was signed by an attorney-in-fact, Harjit Lally, on 08/29/2025 and indicates the form was filed by one reporting person.

Did the Form 4 disclose any derivative transactions or purchases?

No. The Form 4 shows a non-derivative sale only and does not disclose any derivative transactions or purchases.
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