QuickLogic director receives 5,246 RSU shares
QUICKLOGIC Corp (QUIK) director Gary H. Tauss reported the exercise and settlement of 5,246 Restricted Stock Units into 5,246 shares of Common Stock on September 2, 2026.
Rhea-AI Filing Summary
QUICKLOGIC Corp (QUIK) director Gary H. Tauss reported the exercise and settlement of 5,246 Restricted Stock Units into 5,246 shares of Common Stock on September 2, 2026. Following this vesting-related transaction, he holds 21,154 shares of Common Stock directly, and no RSUs remain from this grant.
No Rule 10b5-1 trading plan is indicated in connection with these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,246 shares exercised/converted
Exercise
2 txns
Insider
TAUSS GARY H
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 — 21,154 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 shares issued from RSUs: 5,246 shares
Post-transaction Common Stock holdings: 21,154 shares
+2 more
5 metrics
RSUs exercised
5,246 units
Restricted Stock Units exercised and converted on September 2, 2026
Common shares issued from RSUs
5,246 shares
Common Stock received upon RSU exercise on September 2, 2026
Post-transaction Common Stock holdings
21,154 shares
Shares of QUICKLOGIC Common Stock held directly after the RSU settlement
Exercise price per RSU share
$0.00 per share
Reported transaction price for the 5,246 RSUs converted to Common Stock
RSU derivative position remaining
0 units
Restricted Stock Unit balance from this grant after exercise
Key Terms
Restricted Stock Unit, derivative security, Rule 10b5-1, exercise or conversion
4 terms
Restricted Stock Unit financial
"The security title reported is “Restricted Stock Unit” that vests and converts"
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
"The RSUs are reported as a “derivative security” exercised or converted"
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
"No Rule 10b5-1 trading plan is indicated in connection with these transactions"
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.
exercise or conversion financial
"The transaction code description is “Exercise or conversion of derivative security”"
FAQ
What did QUICKLOGIC Corp (QUIK) director Gary H. Tauss report on this Form 4?
He reported exercising 5,246 Restricted Stock Units into 5,246 shares of Common Stock on September 2, 2026, leaving him with 21,154 COMMON shares held directly and no remaining RSUs from this grant.
What are the details of the Restricted Stock Units reported for QUICKLOGIC (QUIK)?
The filing shows 5,246 Restricted Stock Units that convert into an equal number of QUICKLOGIC Common shares. A footnote states these RSU shares vest in full one year from the grant date, and they were exercised and settled on September 2, 2026.
Was a Rule 10b5-1 trading plan used for Gary H. Tauss’s QUICKLOGIC (QUIK) transactions?
No. The document-level checkbox indicates no Rule 10b5-1 plan for these transactions, and the footnotes do not describe any pre-arranged trading plan in connection with the RSU exercise and share issuance.
AI-generated analysis. How Rhea-AI works. Not financial advice.