QuickLogic insider exercises 12,904 restricted stock units
A QUICKLOGIC Corp director exercised 12,904 RSUs into common stock, bringing his direct holdings to 43,444 shares.
Rhea-AI Filing Summary
QUICKLOGIC Corp (QUIK) director Michael J. Farese reported an exercise and conversion of equity awards. On September 2, 2026, he exercised 12,904 Restricted Stock Units, disposing of the derivative security and acquiring 12,904 shares of Common Stock at an exercise price of $0.00 per share. Following this transaction, he holds 43,444 shares of Common Stock directly. The Restricted Stock Unit shares vest in full one year from the grant date, and no Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
12,904 shares exercised/converted
Exercise
2 txns
Insider
FARESE MICHAEL J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1 | 12,904 | $0.00 | $0.00 |
| Exercise | Common Stock | 12,904 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 0 contracts (Direct);
Common Stock — 43,444 shares (Direct)
Footnotes (1)
- F1. Restricted Stock Unit shares vest in full 1 year from the grant date.
Key Figures
RSUs exercised: 12,904 units
Common Stock acquired: 12,904 shares
Shares held after transaction: 43,444 shares
+2 more
5 metrics
RSUs exercised
12,904 units
Restricted Stock Units exercised on September 2, 2026
Common Stock acquired
12,904 shares
Shares received upon RSU exercise on September 2, 2026
Shares held after transaction
43,444 shares
Direct Common Stock ownership following the September 2, 2026 transaction
Exercise price per share
$0.00 per share
Conversion of 12,904 RSUs into Common Stock
RSU vesting schedule
1 year
Restricted Stock Unit shares vest in full one year from grant date
Key Terms
Restricted Stock Unit, derivative security, Rule 10b5-1 trading plan
3 terms
Restricted Stock Unit financial
"12,904 Restricted Stock Units exercised and converted into Common Stock"
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
"Exercise or conversion of derivative security reported for the RSUs"
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 trading plan regulatory
"No Rule 10b5-1 trading plan is reported for these transactions"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
FAQ
What insider transaction did QUICKLOGIC Corp (QUIK) report for Michael J. Farese?
Michael J. Farese exercised 12,904 Restricted Stock Units on September 2, 2026, converting them into 12,904 shares of Common Stock at $0.00 per share and increasing his direct common stock holdings.
What type of security did Michael J. Farese exercise in the QUICKLOGIC (QUIK) Form 4?
He exercised Restricted Stock Units representing 12,904 underlying shares of Common Stock, which fully vested one year from the grant date before being converted.
Was the QUICKLOGIC (QUIK) Form 4 transaction under a Rule 10b5-1 trading plan?
No. The filing indicates that no Rule 10b5-1 trading plan is reported for the transactions disclosed for Michael J. Farese.
AI-generated analysis. How Rhea-AI works. Not financial advice.
