QUIK director granted 12,904 RSUs; one-year vesting
QuickLogic Corp (QUIK) director Michael J. Farese was granted 12,904 restricted stock units (RSUs) on 09/02/2025.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 12,904 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- F2. Restricted Stock Unit shares vest in full 1 year from the grant date.
FAQ
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What was reported on the Form 4 for QUICKLOGIC Corp (QUIK)?
What is the price and nature of the securities granted to Michael J. Farese?
When do the RSUs granted to the director vest?
Who signed and filed the Form 4 for this transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.