QuickLogic director sells 4,000 shares under 10b5-1 plan
QuickLogic Corp director Michael J. Farese reported an open-market sale of 4,000 shares of Common Stock.
Rhea-AI Filing Summary
QuickLogic Corp director Michael J. Farese reported an open-market sale of 4,000 shares of Common Stock. The shares were sold at an average price of $10.31 per share. After this transaction, he directly holds 35,340 shares. The sale was executed under his Rule 10b5-1 trading plan adopted on August 21, 2025.
Positive
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Negative
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Insights
Director’s 4,000-share 10b5-1 sale looks routine relative to remaining holdings.
Director Michael J. Farese executed an open-market sale of 4,000 QuickLogic shares at $10.31 each. Following this trade, he still directly owns 35,340 shares of Common Stock, indicating a remaining position substantially larger than the amount sold.
The footnote states the transaction was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on August 21, 2025. Such plans are set up in advance and often signal routine diversification rather than a reaction to new information, which tends to limit the market significance of the timing.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,000 | $10.31 | $41K |
Footnotes (1)
- F1. The sales reported in this Form 4 were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan adopted on August 21, 2025.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
Form 4 regulatory
Common Stock financial
open-market sale financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did QuickLogic (QUIK) disclose in this Form 4?
Was the QuickLogic (QUIK) insider sale made under a Rule 10b5-1 plan?
Does the QuickLogic (QUIK) Form 4 show any option exercises or derivative trades?
AI-generated analysis. How Rhea-AI works. Not financial advice.