QuickLogic CEO sells 17K shares at $10.21
QUICKLOGIC’s CEO sold 17,255 shares mainly to cover taxes from recently vested RSUs, retaining 271,065 shares afterward.
Rhea-AI Filing Summary
QUICKLOGIC Corp (QUIK) reported that its president and CEO, Brian C. Faith, sold 17,255 shares of common stock on September 17, 2026 in a sale reported as an open-market or private transaction at a weighted average price of $10.21 per share. According to the disclosure, the shares were sold to cover taxes arising from restricted stock units that vested on September 13, 2026. Following this tax-related sale, Faith directly holds 271,065 shares of QUICKLOGIC common stock, and no Rule 10b5-1 trading plan is reported for this transaction.
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 17,255 | $10.2135 | $176K |
Footnotes (2)
- F1. Shares were sold to cover the taxes from restricted stock units that vested on September 13, 2026.
- F2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $9.73 to $10.57, 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.
Key Figures
Key Terms
restricted stock units financial
weighted average price financial
open market or private transaction financial
FAQ
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What insider transaction did QUICKLOGIC Corp (QUIK) disclose for its CEO?
Was the QUICKLOGIC (QUIK) CEO’s stock sale under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.