QuickLogic (QUIK) director sells 4,800 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QuickLogic Corp director Michael J. Farese reported an open-market sale of 4,800 shares of Common Stock at $11.71 per share. The filing states the sales were effected under his Rule 10b5-1 trading plan adopted on August 21, 2025. After this transaction, he directly holds 30,540 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,800 shares ($56,208)
Net Sell
1 txn
Insider
FARESE MICHAEL J.
Role
Director
Sold
4,800 shs ($56K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,800 | $11.71 | $56K |
Holdings After Transaction:
Common Stock — 30,540 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 4,800 shares
Sale price per share: $11.71 per share
Shares owned after sale: 30,540 shares
+1 more
4 metrics
Shares sold
4,800 shares
Common Stock sold in open-market transaction
Sale price per share
$11.71 per share
Price for the 4,800-share Common Stock sale
Shares owned after sale
30,540 shares
Direct Common Stock holdings following the transaction
Net shares sold
4,800 shares
Net-sell direction in transaction summary
Key Terms
Rule 10b5-1 trading plan, open-market sale, Form 4, Common Stock
4 terms
Rule 10b5-1 trading plan financial
"The sales reported in this Form 4 were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan adopted on August 21, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action: "open-market sale" for the Common Stock transaction."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"The sales reported in this Form 4 were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan..."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"security_title: "Common Stock" for the reported insider transaction."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did QuickLogic (QUIK) director Michael J. Farese report?
Director Michael J. Farese reported an open-market sale of 4,800 shares of QuickLogic Common Stock. The transaction was executed at a price of $11.71 per share, as disclosed in the Form 4 insider trading report.
Was the QuickLogic (QUIK) insider sale made under a Rule 10b5-1 trading plan?
Yes. The footnote explains the sales were effected pursuant to Michael J. Farese’s Rule 10b5-1 trading plan adopted on August 21, 2025. The filing specifically connects this pre-established plan to the reported Form 4 transactions.
What type of transaction did the QuickLogic (QUIK) Form 4 disclose?
The Form 4 discloses an open-market sale of Common Stock by director Michael J. Farese. It classifies the transaction with code “S,” described as a sale in open market or private transaction, and lists 4,800 shares sold at $11.71 per share.
Does the QuickLogic (QUIK) Form 4 show any derivative security exercises?
No derivative security exercises are listed in this Form 4. The derivativeSummary section is empty, and the transactionSummary shows zero exerciseCount and exerciseShares, indicating only a non-derivative open-market stock sale was reported.