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QuickLogic (QUIK) Director Executes 10b5-1 Sale and Receives RSUs

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

QuickLogic Corp director Gary H. Tauss reported a sale and a grant in this Form 4 filing. The filing shows a sale of 1,400 shares of common stock on 09/03/2025 at $4.86 per share under a Rule 10b5-1 trading plan adopted March 4, 2024, leaving the reporting person with 15,863 shares beneficially owned. Separately, 5,246 restricted stock units (RSUs) were acquired on 09/02/2025; each RSU converts into one share and they vest in full one year after the grant date.

The transactions were reported by an attorney-in-fact with a signature date of 09/04/2025.

Positive

  • Sale executed under Rule 10b5-1 plan, indicating the transaction followed a pre-established trading schedule
  • 5,246 RSUs granted that convert one-for-one to common stock, with clear one-year vesting
  • Accurate reporting shown by signed Form 4 filed and attorney-in-fact submission

Negative

  • Insider sold 1,400 shares at $4.86, reducing direct beneficial ownership to 15,863 shares
  • RSU grant will result in potential future share issuance when the units vest in one year

Insights

TL;DR: Director exercised a pre-established 10b5-1 plan to sell shares and received time‑vesting RSUs.

The sale of 1,400 shares at $4.86 was effected pursuant to an existing Rule 10b5-1 plan, which indicates the trade followed a pre-set schedule rather than opportunistic timing. Net beneficial ownership after the sale is 15,863 shares. The reporting person also received 5,246 RSUs that convert one-for-one to common stock and fully vest one year from grant, creating future potential share issuance on vesting.

TL;DR: Routine director disclosure showing compliance with trading-plan and grant vesting schedule.

The Form 4 documents a compliance-oriented disposal under a 10b5-1 plan and a standard RSU award with a one-year vesting condition. Both items are common director-level actions: a planned sale does not necessarily signal new company-specific information, and RSU grants are typical retention compensation. Reporting via attorney-in-fact appears procedural and properly dated.

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).
X
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*
TAUSS GARY H

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025
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 09/03/2025 S(1) 1,400 D $4.86 15,863 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(2) $0 09/02/2025 A 5,246 (3) (3) Common Stock 5,246 $0 5,246 D
Explanation of Responses:
1. The sales reported in this Form 4 were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan adopted on March 4, 2024.
2. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
3. Restricted Stock Unit shares vest in full 1 year from the grant date.
/s/ Harjit Lally, Attorney-in-Fact 09/04/2025
** 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 QUIK director Gary Tauss report on Form 4?

The Form 4 reports a sale of 1,400 common shares on 09/03/2025 at $4.86 per share under a Rule 10b5-1 plan and the acquisition of 5,246 RSUs on 09/02/2025 that vest in one year.

Was the sale by the director part of a 10b5-1 trading plan?

Yes. The filing states the sale was effected pursuant to the reporting person’s Rule 10b5-1 trading plan adopted on March 4, 2024.

How many shares does Gary Tauss beneficially own after the sale?

After the reported sale, the Form 4 shows 15,863 shares beneficially owned by the reporting person.

What are the terms of the RSUs reported on Form 4?

Each RSU represents a contingent right to one common share; 5,246 RSUs were granted and they vest in full one year from the grant date.

Who signed and reported the Form 4?

The Form 4 was submitted and signed by Harjit Lally, Attorney-in-Fact on 09/04/2025.
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