Planned share sale by QuickLogic (QUIK) director totals 2,328 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QuickLogic Corp director Michael J. Farese reported an open-market sale of 2,328 shares of common stock on March 4, 2026. The shares were sold at an average price of $9.41 per share. After this transaction, he directly owned 42,882 shares of QuickLogic common stock. The filing notes that the sale was effected under the reporting person's Rule 10b5-1 trading plan adopted on August 21, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,328 shares ($21,906)
Net Sell
1 txn
Insider
FARESE MICHAEL J.
Role
Director
Sold
2,328 shs ($22K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,328 | $9.41 | $22K |
Holdings After Transaction:
Common Stock — 42,882 shares (Direct)
Footnotes (1)
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FAQ
What did QuickLogic (QUIK) director Michael J. Farese report in this Form 4?
Director Michael J. Farese reported selling 2,328 shares of QuickLogic common stock on March 4, 2026 at $9.41 per share. The transaction was an open-market sale under a pre-established Rule 10b5-1 trading plan adopted on August 21, 2025.
Was the QuickLogic (QUIK) insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the sales were effected under the reporting person’s Rule 10b5-1 trading plan. That plan was adopted on August 21, 2025, allowing scheduled trades of QuickLogic common stock according to predetermined instructions.
What transaction code is used for this QuickLogic (QUIK) Form 4 sale?
The transaction is coded as “S”, indicating a sale in an open market or private transaction. It covers the disposal of 2,328 shares of QuickLogic common stock by director Michael J. Farese on March 4, 2026.