QuickLogic (QUIK) CFO reports stock sales for tax withholding purposes
Rhea-AI Filing Summary
QuickLogic Corporation reported insider stock sales by its CFO and SVP Finance in December 2025 that were related to under-withheld taxes. On December 5, 2025, the officer sold 10,813 shares of common stock at a weighted average price of $6.3625, leaving 71,193 shares owned directly. On December 8, 2025, the officer sold 5,687 shares at $6.3, resulting in direct ownership of 65,506 shares after these transactions.
Positive
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FAQ
What insider transaction did QuickLogic (QUIK) disclose for its CFO?
The CFO and SVP Finance of QuickLogic Corporation reported selling shares of common stock in two transactions in December 2025, both recorded as open market sales of company stock.
How many QuickLogic (QUIK) shares did the CFO sell in December 2025?
The officer sold 10,813 shares of common stock on December 5, 2025, and 5,687 shares on December 8, 2025.
At what prices were the QuickLogic (QUIK) shares sold by the CFO?
On December 5, 2025, the shares were sold at a weighted average price of $6.3625, and on December 8, 2025, the shares were sold at $6.3 per share.
How many QuickLogic (QUIK) shares does the CFO own after these transactions?
After the December 5, 2025 sale, the officer directly owned 71,193 shares of common stock, and after the December 8, 2025 sale, direct ownership stood at 65,506 shares.
Why were the QuickLogic (QUIK) CFO’s share sales conducted?
The explanation notes that the transactions were related to sales for under-withheld taxes, indicating the sales were made to address tax obligations.
Were the QuickLogic (QUIK) CFO’s December 5, 2025 sales made in multiple trades?
Yes. The weighted average price of $6.3625 reflects multiple transactions at prices ranging from $6.35 to $6.42, and detailed trade data is available on request.