[Form 4] QuickLogic Corp Insider Trading Activity
Nader Elias, Chief Financial Officer and Senior Vice President Finance of QuickLogic Corporation (QUIK), reported a sale of 2,479 shares of Common Stock on 08/13/2025 at a weighted average price of $5.6512 per share to cover taxes related to restricted stock units that vested on 02/10/2025. After the reported transaction, the filing shows 68,339 shares beneficially owned by the reporting person. The Form 4 was signed by an attorney-in-fact on 08/14/2025. The filer discloses that the sale occurred in multiple transactions at prices ranging from $5.65 to $5.6983, and offers to provide detailed per-transaction pricing on request.
- Transparent disclosure of the purpose for the sale (tax withholding) and detailed price range for the transactions
- Post-transaction ownership is explicitly reported (68,339 shares), providing clarity on remaining insider stake
- Offer to provide per-transaction pricing on request enhances transparency for regulators and shareholders
- Insider sale reduces the reporting person's holdings by 2,479 shares (transaction reported as a sale)
- Weighted-average pricing obscures exact per-trade pricing unless the filer provides further details on request
Insights
TL;DR: Insider sold a small block to satisfy tax obligations; transaction appears routine and disclosed transparently.
The sale of 2,479 shares appears to be a tax-withholding disposition tied to RSU vesting rather than a discretionary sale to reposition holdings. The filer provides a weighted-average price and a disclosed price range, which helps transparency. The ownership post-transaction is 68,339 shares, establishing the remaining stake size in absolute terms. From a materiality perspective, the filing does not indicate a large-scale exit or change in control and reads as a standard compliance disclosure.
TL;DR: Proper Form 4 compliance with explanatory footnotes; transaction consistent with routine insider tax-withholding practice.
The Form 4 includes an explicit explanation that shares were sold to cover taxes from vested RSUs and provides granular price-range disclosure along with an offer to supply exact per-trade prices, which aligns with good governance and SEC disclosure norms. The form is signed by an attorney-in-fact, indicating procedural handling. No indications of undisclosed arrangements or unusual timing are present in the filing text.