QuickLogic (QUIK) insider granted 16,408 RSUs, ownership 125,237
Rhea-AI Filing Summary
Timothy Saxe, Sr. VP and CTO of QuickLogic Corporation (QUIK), reported the acquisition of 16,408 restricted stock units on 08/24/2025. The RSUs have an exercise/issue price of $0 and, once vested, convert into common stock; following the transaction his beneficial ownership is reported as 125,237 shares held directly. The RSUs vest 50% after one year and the remaining 50% after two years, contingent on continued employment. The Form 4 was signed by an attorney-in-fact on 08/25/2025. This filing discloses a standard equity grant to an executive with a time-based vesting schedule.
Positive
- Reporting person increased direct beneficial ownership to 125,237 shares
- RSUs include a time-based vesting schedule (50% after one year, 50% after two years)
Negative
- RSUs are not immediately vested; only vest over two years subject to continued employment
Insights
TL;DR: Routine, time‑based executive equity grant increasing insider direct holdings to 125,237 shares.
The filing documents a non-cash equity award (16,408 RSUs) granted to the Sr. VP & CTO, recorded as an acquisition at $0 and increasing reported direct beneficial ownership to 125,237 shares. The award is subject to a two-step vesting schedule (50% at one year, 50% at two years), which ties compensation to tenure and future performance but does not provide immediate liquidity or voting power for the full amount. For investors, this is a standard retention/compensation action rather than a transaction signaling immediate disposition or diversification by the executive.
TL;DR: Standard grant with time-based vesting; reflects executive compensation practice rather than a material corporate event.
The Form 4 shows a grant of restricted stock units under usual terms: zero purchase price, conversion into common shares, and staged vesting contingent on continued employment. The filing is routine disclosure under Section 16 and was executed via attorney-in-fact. From a governance perspective, this aligns the executive's interests with shareholders over a multi-year horizon but contains no indication of acceleration, change-in-control provisions, or immediate insider selling in the record provided.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 16,408 | $0.00 | $0.00 |
| Exercise | Common Stock | 16,408 | $0.00 | $0.00 |
Footnotes (1)
- F1. Restricted stock units vest 50% after one year after date of issuance and the remaining 50% after two years from the date of issuance, subject to continued employment of the grantee.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did QuickLogic (QUIK) insider Timothy Saxe report on 08/24/2025?
What is the vesting schedule for the RSUs reported by QUIK insider?
Was there any cash payment for the RSUs in the Form 4?
Who signed the Form 4 for the reporting person and when?
AI-generated analysis. How Rhea-AI works. Not financial advice.