QuickLogic (QUIK) grants 12,904 RSUs to director Michael Farese
Rhea-AI Filing Summary
QuickLogic Corp (QUIK) director Michael J. Farese was granted 12,904 restricted stock units (RSUs) on 09/02/2025. Each RSU represents a contingent right to receive one share of common stock and the award has a $0 purchase price. The RSUs vest in full one year from the grant date, and following the grant Mr. Farese is shown as beneficially owning 12,904 shares directly. The Form 4 was executed by an attorney-in-fact and filed on 09/04/2025.
Positive
- 12,904 RSUs granted to a director, aligning interests with shareholders
- One-year vesting encourages continued service and retention
Negative
- None.
Insights
TL;DR: A routine director equity award: 12,904 RSUs granted, vesting in one year, increases direct beneficial ownership.
This grant is recorded as an acquisition at a $0 price with vesting in full one year from grant. For a public company, director RSU awards are common compensation to align long-term interests with shareholders. The transaction does not disclose any cash consideration, market sale, or derivative exercise activity. Absent additional context about prior holdings or company-wide compensation practices, this filing appears procedural rather than a material corporate event.
TL;DR: Governance practice shows standard equity-based director compensation with a one-year vesting schedule.
Details: the RSUs are structured to convert into common stock and vest in full one year after grant, a straightforward retention incentive. The filing identifies the reporting person as a director and indicates direct ownership following the grant. The Form 4 is signed by an attorney-in-fact, which is typical for administrative filings. No governance red flags or departures from common practice are evident within the document's content.