[Form 4] QuickLogic Corp Insider Trading Activity
QuickLogic Corp (QUIK) reporting person Timothy Saxe, identified as Senior Vice President and CTO, was granted 60,241 restricted stock units (RSUs) on 09/02/2025. Each RSU represents a contingent right to one share of common stock and the award was reported at a $0 price. The RSUs vest 50% after one year and the remaining 50% after two years, subject to continued employment. The Form 4 was filed as a single reporting person filing and signed by attorney-in-fact Harjit Lally on 09/04/2025. The disclosure shows the grant and vesting terms but contains no information about the grant’s dollar value, percentage of outstanding shares, or any sales/dispositions.
- Clear disclosure of RSU grant amount (60,241) and explicit time-based vesting terms (50% at one year, 50% at two years).
- Filing complies with Section 16 reporting requirements and is signed/dated by an attorney-in-fact, indicating formal submission.
- No information provided on the grant's fair value or its percentage of outstanding shares, limiting assessment of dilution.
- No performance conditions or rationale disclosed in the Form 4, so alignment with company performance is unclear.
Insights
TL;DR: Insider RSU grant to CTO of 60,241 shares with standard multi-year vesting; disclosure is routine for executive compensation.
The filing documents a non-derivative equity award in the form of restricted stock units granted to the company’s Senior VP and CTO. Vesting is time-based with a 50/50 split at one and two years, which aligns with common retention-focused compensation practices. The report does not disclose the grant date fair value or its proportion relative to total outstanding shares, limiting assessment of dilution or pay-for-performance alignment. No sales or exercises are reported, and the transaction is reported at a $0 price consistent with typical RSU accounting.
TL;DR: 60,241 RSUs awarded to CTO, time-vested, reported as acquisition on Form 4; materiality depends on company size not provided here.
The award size and vesting schedule are explicitly stated which allows investors to model potential future share issuance timing. The absence of exercise price and the $0 notation indicate this is a standard RSU grant rather than an option. The filing lacks information on grant rationale, performance conditions, or the grant’s impact on outstanding share count, so evaluating compensation alignment or dilution requires additional filings or company disclosures.