QuickLogic (QUIK) CFO sells stock to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QuickLogic Corporation’s CFO and SVP of Finance, Nader Elias, reported an open-market sale of company stock. On February 12, 2026, he sold 2,624 shares of common stock at $7.08 per share. According to the filing, these shares were sold to cover taxes from restricted stock units that vested on February 10, 2026.
After this tax-related sale, Elias beneficially owns 67,779 shares of QuickLogic common stock, held directly. This type of transaction is typically administrative, reflecting tax obligations tied to equity compensation rather than a discretionary reduction of ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,624 shares ($18,578)
Net Sell
1 txn
Insider
Nader Elias
Role
CFO, SVP FINANCE
Sold
2,624 shs ($19K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,624 | $7.08 | $19K |
Holdings After Transaction:
Common Stock — 67,779 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did QuickLogic (QUIK) report for its CFO?
QuickLogic’s CFO, Nader Elias, reported an open-market sale of 2,624 common shares. The shares were sold at $7.08 each to cover tax obligations arising from recently vested restricted stock units, and are characterized as an administrative, compensation-linked transaction.
Was the QuickLogic (QUIK) CFO’s February 2026 transaction a buy or a sell?
The transaction was a sale of QuickLogic common stock by the CFO. It is coded as an open-market sale, with 2,624 shares sold at $7.08 each, and explicitly described as done to cover tax liabilities from vested restricted stock units.
Does the QuickLogic (QUIK) Form 4 indicate any derivative security activity?
The Form 4 data provided only show a transaction in non-derivative common stock. It reports an open-market sale of 2,624 shares, with no accompanying acquisitions, exercises, or disposals of derivative securities such as options, warrants, or other convertible instruments.