QUIK Form 4: Ron Shelton awarded 5,246 RSUs vesting in one year
Rhea-AI Filing Summary
QuickLogic Corp director Ron Shelton was awarded 5,246 Restricted Stock Units (RSUs) on 09/02/2025. Each RSU represents the contingent right to one share of QuickLogic common stock and vests in full one year from the grant date. The reported RSUs have a $0 per-unit conversion/exercise price and, following the grant, Shelton beneficially owns 5,246 shares directly. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 09/04/2025.
Positive
- 5,246 RSUs granted to a director, explicitly disclosed
- Vesting schedule provided: RSUs vest in full one year from grant date
- Post‑transaction beneficial ownership stated: 5,246 shares held directly
Negative
- None.
Insights
TL;DR: Director received time‑based equity award of 5,246 RSUs that vest in one year, a routine governance compensation event.
The filing documents a standard grant of 5,246 RSUs to Ron Shelton on 09/02/2025 with full vesting one year after grant. The award is reported with a $0 conversion price and recorded as direct beneficial ownership of 5,246 shares following the transaction. From a governance perspective, this is a typical time‑based retention/compensation vehicle for insiders; the disclosure is complete regarding vesting and quantity.
TL;DR: Form 4 correctly reports a single non‑derivative equity grant and signer authority; no compliance issues apparent from the filing.
The Form 4 lists the transaction date, grant amount, vesting schedule (one year), and that the reporting person is a director. The signature is by an attorney‑in‑fact dated 09/04/2025. The disclosure contains the required elements for a Rule 16 filing: title of security, date, amount, ownership after grant, and ownership form (direct). No missing fields are evident in the provided content.