STOCK TITAN

Nader Elias Boosts QuickLogic Stake with 4,673 RSUs, Vesting Over Time

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

Rhea-AI Filing Summary

Nader Elias, CFO and SVP Finance of QuickLogic Corp (QUIK), reported receipt of 4,673 restricted stock units (RSUs) on 08/10/2025, which represent contingent rights to receive one share of common stock each. After this reported activity, Mr. Elias's direct beneficial ownership is 70,818 shares, a total that the form notes includes 3,360 ESPP shares purchased on May 14, 2025 in a non‑reportable transaction. The RSUs vest 25% on the one‑year anniversary of the grant date and then one‑eighth every six months, subject to continued employment. The Form 4 shows transaction code "M" for the reported grant.

Positive

  • Direct beneficial ownership increased to 70,818 shares, demonstrating additional executive equity holdings
  • 4,673 RSUs granted with a clear vesting schedule, aligning executive compensation with continued employment
  • Includes 3,360 ESPP shares purchased by the officer, indicating participation in company stock purchase plan

Negative

  • None.

Insights

TL;DR Insider RSU grant increases direct holdings to 70,818 shares; vesting ties value to continued service; immediate market impact appears limited.

The reported grant of 4,673 RSUs raises Mr. Elias's direct beneficial ownership to 70,818 shares, combining outstanding stock and prior ESPP purchases. Each RSU converts to one share subject to a time‑based vesting schedule (25% after one year, then one‑eighth every six months). Without information on total shares outstanding or Mr. Elias's prior percentage ownership, the material market impact cannot be quantified from this filing alone. The grant is explicitly contingent on continued employment per the form.

TL;DR Time‑based RSUs link executive pay to tenure, reinforcing retention incentives; disclosure is routine and governance‑aligned.

The Form 4 documents a time‑based equity award rather than an immediate stock sale or transfer. Vesting provisions are clearly stated and tied to continued employment, which is a common retention mechanism. The filing also discloses inclusion of 3,360 ESPP shares in the total beneficial ownership. The entry shows transaction code "M" but provides no additional administrative detail; the disclosure otherwise follows standard Section 16 reporting conventions.

Insider Nader Elias
Role CFO, SVP FINANCE
Type Security Shares Price Value
Exercise Restricted Stock Unit 4,673 $0.00 --
Exercise Common Stock 4,673 $0.00 --
Holdings After Transaction: Restricted Stock Unit — 4,673 shares (Direct); Common Stock — 70,818 shares (Direct)
Footnotes (1)
  1. Includes 3,360 ESPP shares purchased in a non-reportable transaction on May 14, 2025. Each RSU represents a contingent right to receive one share of the Issuer's common stock. 25% of the RSUs shall vest on the one-year anniversary of the Grant Date and one eighth of the RSUs shall vest every six months thereafter subject to the continued employment of Mr.Nader with the Company.
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)
08/10/2025
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 08/10/2025 M 4,673 A $0 70,818(1) 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 08/10/2025 M 4,673 (3) (3) Common Stock 4,673 $0 4,673 D
Explanation of Responses:
1. Includes 3,360 ESPP shares purchased in a non-reportable transaction on May 14, 2025.
2. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
3. 25% of the RSUs shall vest on the one-year anniversary of the Grant Date and one eighth of the RSUs shall vest every six months thereafter subject to the continued employment of Mr.Nader with the Company.
/s/ Harjit Lally, Attorney-in-Fact 08/12/2025
** 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) CFO Nader Elias report on the Form 4?

He reported receipt of 4,673 RSUs on 08/10/2025, increasing his direct beneficial ownership to 70,818 shares.

How many shares does Nader Elias beneficially own after the reported transaction?

The Form 4 shows 70,818 shares beneficially owned following the reported activity.

What are the vesting terms of the RSUs reported by Nader Elias?

Each RSU converts to one share; 25% vests on the one‑year anniversary of the grant date and then one‑eighth every six months, subject to continued employment.

Does the Form 4 indicate any ESPP purchases by the reporting person?

Yes. The total beneficial ownership includes 3,360 ESPP shares purchased on May 14, 2025 in a non‑reportable transaction.

What transaction code is listed on the Form 4 for the reported activity?

The filing lists transaction code "M" for the reported grant.