QuickLogic (QUIK) director Kim Joyce sells 5,500 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QuickLogic Corp director Kim Joyce reported an open-market sale of 5,500 shares of Common Stock at $20.00 per share. After this transaction, Joyce directly holds 2,140 shares of QuickLogic stock, indicating a remaining equity stake following the sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,500 shares ($110,000)
Net Sell
1 txn
Insider
Kim Joyce
Role
null
Sold
5,500 shs ($110K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,500 | $20.00 | $110K |
Holdings After Transaction:
Common Stock — 2,140 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 5,500 shares
Sale price: $20.00 per share
Shares owned after: 2,140 shares
3 metrics
Shares sold
5,500 shares
Open-market sale of Common Stock
Sale price
$20.00 per share
Price for the 5,500 shares sold
Shares owned after
2,140 shares
Direct holdings following the transaction
Key Terms
Form 4, open-market sale, Common Stock
3 terms
Form 4 regulatory
"This was reported on a Form 4 insider ownership filing."
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.
open-market sale financial
"The filing describes the transaction as an open-market sale."
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.
Common Stock financial
"The transaction involved QuickLogic Common Stock."
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 Kim Joyce report?
Director Kim Joyce reported an open-market sale of 5,500 QuickLogic Common Stock shares at $20.00 per share. The transaction is disclosed on a Form 4, which details changes in insider ownership.
Was the QuickLogic (QUIK) transaction by Kim Joyce a purchase or a sale?
The transaction was a sale. Kim Joyce executed an open-market sale of 5,500 QuickLogic Common Stock shares, as indicated by the Form 4 transaction code "S" and the description of an open-market or private transaction.
Does the Form 4 for QuickLogic (QUIK) show any option exercises by Kim Joyce?
No option exercises are shown in this Form 4. The filing reports only a non-derivative transaction, specifically an open-market sale of Common Stock, with no derivative exercises or holdings listed in the derivative summary.