QuickLogic director acquires 5,246 shares
QUIK director Ron Shelton converted 5,246 vested RSUs into 5,246 common shares in a routine equity award exercise.
Rhea-AI Filing Summary
QUICKLOGIC Corp (QUIK) director Ron Shelton reported a routine equity award event on September 2, 2026. He exercised 5,246 Restricted Stock Units into 5,246 shares of Common Stock at a reported exercise price of $0.00 per share, leaving no RSUs and 5,246 Common shares held directly afterward.
The RSUs represented a grant that vests in full one year after the grant date, and no transactions were reported under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,246 shares exercised/converted
Exercise
2 txns
Insider
Shelton Ron
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1 | 5,246 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,246 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 0 contracts (Direct);
Common Stock — 5,246 shares (Direct)
Footnotes (1)
- F1. Restricted Stock Unit shares vest in full 1 year from the grant date.
Key Figures
RSUs exercised: 5,246 units
Common Stock acquired: 5,246 shares
Exercise price: $0.00 per share
+1 more
4 metrics
RSUs exercised
5,246 units
Restricted Stock Units converted on September 2, 2026
Common Stock acquired
5,246 shares
Shares received from RSU exercise on September 2, 2026
Exercise price
$0.00 per share
Reported for the RSU-to-Common Stock conversion
Holdings after transaction
5,246 shares
Common Stock directly owned by Ron Shelton after the Form 4 transactions
Key Terms
Restricted Stock Unit, derivative security, Rule 10b5-1
3 terms
Restricted Stock Unit financial
"security title is listed as Restricted Stock Unit for the derivative entry"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
derivative security financial
"described as Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Rule 10b5-1 regulatory
"document-level Rule 10b5-1 checkbox indicates plan status"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did QUIK director Ron Shelton report?
Ron Shelton reported exercising 5,246 Restricted Stock Units into 5,246 shares of Common Stock on September 2, 2026, at a reported exercise price of $0.00 per share, ending with 5,246 Common shares held directly.
Was Ron Shelton’s QUIK transaction under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked, and there is no footnote stating that the 5,246-share exercise and issuance occurred under a Rule 10b5-1 trading plan.
What does the footnote say about Ron Shelton’s QUIK RSUs?
The footnote explains that the Restricted Stock Unit shares vest in full one year from the grant date, indicating that the 5,246 RSUs exercised on September 2, 2026, came from a time-based vesting award.
AI-generated analysis. How Rhea-AI works. Not financial advice.
