QuickLogic CEO sells 25K shares, vests RSUs
QuickLogic’s CEO had 32,529 RSUs vest and convert to shares and sold 25,292 shares mainly to cover tax obligations tied to recent vesting.
Rhea-AI Filing Summary
QUICKLOGIC Corp (QUIK) reported insider equity activity by President and CEO Brian C. Faith. On September 13, 2026, 32,529 restricted stock units were exercised into an equal number of shares of common stock at a conversion price of $0.00 per share, reflecting vesting-based equity compensation.
On September 10, 2026, Faith sold 25,292 shares of common stock at a weighted average price of $10.798 per share in multiple transactions. According to the disclosure, these shares were sold to cover taxes from restricted stock units that vested on September 2, 2026. No Rule 10b5-1 trading plan is reported.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Faith Brian C
Role
PRESIDENT AND CEO
Sold
25,292 shs ($273K)
Approx. gross sale proceeds
$273K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F3 | 32,529 | $0.00 | $0.00 |
| Exercise | Common Stock | 32,529 | $0.00 | $0.00 |
| Sale | Common Stock F1, F2 | 25,292 | $10.798 | $273K |
Holdings After Transaction:
Restricted Stock Unit — 0 contracts (Direct);
Common Stock — 288,320 shares (Direct)
Footnotes (3)
- F1. Shares were sold to cover the taxes from restricted stock units that vested on September 2, 2026.
- F2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $10.485 to $11.212, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F3. Restricted stock units vest 50% after one year after date of issuance and the remaining 50% after two years from the date of issuance, subject to continued employment of the grantee.
Key Figures
RSUs converted to common stock: 32,529 shares
Common shares sold: 25,292 shares
Weighted average sale price: $10.798 per share
+2 more
5 metrics
RSUs converted to common stock
32,529 shares
Restricted stock units exercised into common stock on September 13, 2026
Common shares sold
25,292 shares
Shares of common stock sold on September 10, 2026
Weighted average sale price
$10.798 per share
Average price for 25,292 shares sold on September 10, 2026
Sale price range
$10.485–$11.212 per share
Price range of multiple transactions making up the September 10, 2026 sale
RSU vesting schedule
50% after 1 year, remaining 50% after 2 years
Vesting pattern for the restricted stock units, subject to continued employment
Key Terms
Restricted stock units, weighted average price, vest, continued employment
4 terms
Restricted stock units financial
"Shares were sold to cover the taxes from restricted stock units that vested"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
vest financial
"Restricted stock units vest 50% after one year after date of issuance"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
continued employment financial
"remaining 50% after two years from the date of issuance, subject to continued employment"
Continued employment means that an individual remains in their current job without interruption. For investors, it signals stability and ongoing work that can affect company performance and future prospects. Like a steady heartbeat for a business, sustained employment helps ensure consistent operations and financial health.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did QUICKLOGIC (QUIK) report for Brian C. Faith?
QUICKLOGIC reported that CEO Brian C. Faith had 32,529 restricted stock units convert into common shares on September 13, 2026 and sold 25,292 shares of common stock on September 10, 2026 in open-market transactions.
What equity did the QUICKLOGIC (QUIK) CEO acquire through RSU vesting?
On September 13, 2026, 32,529 restricted stock units held by the CEO converted into 32,529 shares of common stock at a conversion price of $0.00 per share, reflecting the vesting of stock-based compensation.
Were the QUICKLOGIC (QUIK) insider sales under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and no footnote states that the 25,292-share sale was made under a Rule 10b5-1 trading plan.
How do QUICKLOGIC (QUIK) CEO’s restricted stock units vest?
According to the disclosure, the CEO’s restricted stock units vest 50% one year after the issuance date and the remaining 50% two years after issuance, subject to continued employment of the grantee.
AI-generated analysis. How Rhea-AI works. Not financial advice.
