QUIK Sr. VP/CTO receives 16,408 RSUs; vesting over two years

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

Financial Analyst

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.

Corporate Governance Expert

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.

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

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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)
08/24/2025

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	08/24/2025		M		16,408	A	$0	125,237	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
Restricted Stock Unit	$0	08/24/2025		M			16,408	(1)	(1)	Common Stock	16,408	$0	0	D

Explanation of Responses:

1. 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.

	/s/ Harjit Lally, Attorney-in-Fact	08/25/2025
	** 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 08/24/2025?

He reported the acquisition of 16,408 restricted stock units (RSUs) that convert to common stock at $0.

How many shares does Timothy Saxe beneficially own after the reported transaction?

The Form 4 reports 125,237 shares beneficially owned following the transaction.

What is the vesting schedule for the RSUs reported by QUIK insider?

The RSUs vest 50% after one year and the remaining 50% after two years, subject to continued employment.

Was there any cash payment for the RSUs in the Form 4?

No; the RSUs are reported with a price of $0.

Who signed the Form 4 for the reporting person and when?

The Form 4 was signed by an attorney-in-fact, Harjit Lally, on 08/25/2025.