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QUIK insider sale: CFO disposes 7,016 shares at $5.39 for tax withholding

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

Rhea-AI Filing Summary

Nader Elias, CFO and SVP Finance of QuickLogic Corp (QUIK), sold 7,016 shares of common stock on 08/28/2025 at $5.3941 per share to cover taxes from restricted stock units that vested on 08/24/2025. After the sale, Mr. Elias beneficially owned 74,449 shares. The Form 4 was filed as a single reporting person disclosure and signed by an attorney-in-fact on 08/29/2025.

This is a routine, tax-related disposition tied to RSU vesting rather than an open-market investment decision or a new trading plan. The sale generated proceeds at the reported price to satisfy tax withholding obligations; no other derivative or related transactions are reported.

Positive

  • Timely disclosure of the transaction via Form 4, indicating compliance with Section 16 reporting requirements
  • Clear explanation that the sale was to cover taxes from vested RSUs, reducing ambiguity about insider intent
  • Reporting person retains 74,449 shares after the sale, maintaining insider ownership stake

Negative

  • Insider sale of 7,016 shares reduces the reporting person’s holdings, which some investors may view negatively

Insights

TL;DR: Routine tax-related insider sale disclosed promptly; indicates compliance with reporting requirements and no apparent governance red flag.

The filing documents a standard sale of 7,016 shares to cover tax obligations from RSU vesting, with post-transaction beneficial ownership of 74,449 shares. Timely Form 4 reporting and the clear explanation of proceeds used for tax withholding reflect appropriate insider disclosure practices. There is no evidence in this filing of opportunistic selling or of other compensatory changes.

TL;DR: Small, routine insider sale; unlikely to be material to valuation or signal a change in company outlook.

The transaction price of $5.3941 and the sold amount of 7,016 shares are explicitly tied to RSU tax withholding. With 74,449 shares retained by the reporting person after the sale, the disclosure suggests continuation of insider alignment with shareholders rather than a divestiture of substantial holdings. No derivative transactions were reported.

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).
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*
Nader Elias

(Last) (First) (Middle)
C/O QUICKLOGIC CORPORATION
2220 LUNDY DRIVE

(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)
CFO, SVP FINANCE
3. Date of Earliest Transaction (Month/Day/Year)
08/28/2025
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 08/28/2025 S 7,016(1) D $5.3941 74,449 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
Explanation of Responses:
1. Shares were sold to cover the taxes from restricted stock units that vested on August 24, 2025.
/s/ Harjit Lally, Attorney-in-Fact 08/29/2025
** 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 CFO Nader Elias report on Form 4 (QUIK)?

The Form 4 reports a sale of 7,016 shares of QuickLogic common stock on 08/28/2025 at $5.3941 per share.

Why were the 7,016 shares sold by the reporting person?

The filing states the shares were sold to cover taxes from restricted stock units that vested on 08/24/2025.

How many QuickLogic shares does the reporting person own after the transaction?

Following the reported sale, the reporting person beneficially owned 74,449 shares.

Was this Form 4 filed by more than one reporting person?

No. The filing indicates it was filed by one reporting person.

When was the Form 4 signed and who signed it?

The Form 4 was signed by Harjit Lally, Attorney-in-Fact on 08/29/2025.
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