[Form 4] QuickLogic Corp Insider Trading Activity
QuickLogic Corp (QUIK) insider reported a routine stock sale to cover taxes after restricted stock units vested. The reporting person, listed as Faith Brian C, identified as a director and President and CEO, sold 17,202 shares on 08/28/2025 at an average price of $5.3941 per share to cover taxes resulting from RSUs that vested on 08/24/2025. After the sale the reporting person beneficially owns 210,838 shares. The Form 4 was signed by attorney-in-fact Harjit Lally on 08/29/2025. The reporting persons address is shown as San Jose, CA.
- Disclosure explicitly states the sale was to cover taxes from RSU vesting, indicating transparency and compliance with reporting rules
- Reporting person retains substantial ownership after the sale: 210,838 shares remain beneficially owned
- None.
Insights
TL;DR: Routine tax-related disposition of insider shares; not a company-performance signal.
The sale of 17,202 shares at $5.3941 to cover taxes on vested RSUs is a common, non-discretionary transaction and typically does not reflect a change in the executives view of the companys prospects. Post-transaction beneficial ownership remains 210,838 shares, which retains alignment with shareholders. No derivative or additional compensatory transactions are reported. Impact on float and market liquidity is immaterial for most public-company contexts unless the issuer has a very small market cap, which is not stated in this filing.
TL;DR: Disclosure is standard and transparent; sale tied explicitly to tax obligations from RSU vesting.
The Form 4 clearly states the sale was executed to cover taxes on RSUs that vested on August 24, 2025, which supports the filings compliance and transparency. The reporting person is identified as a director and the companys President and CEO, so timely reporting is important for governance; this filing meets Section 16 disclosure requirements. There are no indications of Rule 10b5-1 plan use or other coordinated transactions in this filing.