[Form 4] QuickLogic Corp Insider Trading Activity
QuickLogic Corp insider grant to CFO Nader Elias: The filing reports that on 08/24/2025 QuickLogic granted 13,126 restricted stock units (RSUs) to Nader Elias, who is listed as CFO and SVP Finance. The RSUs have an exercise/conversion price of $0 and vest 50% after one year and the remaining 50% after two years, subject to continued employment. After the reported transaction the filing lists 81,465 shares beneficially owned by the reporting person. The Form 4 was signed via attorney-in-fact on 08/25/2025.
- Grant aligns senior executive incentives with shareholders via equity-based compensation
- Time-based vesting (50%/50% over two years) supports retention of the CFO
- Potential dilution from 13,126 RSUs when they vest and convert to common shares
- No performance-based conditions are disclosed; vesting is solely time-based
Insights
TL;DR: A routine time-based RSU grant to a senior executive, standard vesting, limited immediate impact on control.
The grant of 13,126 RSUs to the CFO follows common compensation practice linking pay to retention and shareholder alignment through equity. The 50/50 time-based vesting over two years encourages retention but does not provide performance contingencies. The filing shows the reporting person holds 81,465 shares after the transaction, indicating the grant is modest relative to typical total outstanding shares for public issuers. No unusual transfer codes or sales are disclosed.
TL;DR: Grant is typical non-cash compensation; creates future possible dilution but is not immediately dilutive to economic value.
The RSUs are granted at $0 and convert to 13,126 common shares upon vesting, which will increase outstanding share count when settled. Vesting is entirely time-based (50%/50%), so there is no direct performance linkage disclosed. This structure is standard for retention-focused awards; investors should note timing of potential dilution and that continued employment is required for vesting. No cash transaction occurred.