QUIK Form 4: Gary Tauss awarded 3,240 RSUs with one-year vesting
Rhea-AI Filing Summary
Gary H. Tauss, a director of QuickLogic Corp (QUIK), was granted 3,240 restricted stock units (RSUs) on 09/13/2025 at a grant price of $0. The RSUs vest in full one year from the grant date according to the filing, and after the award his reported direct beneficial ownership is 19,103 common shares. The Form 4 was executed by an attorney-in-fact on 09/15/2025 and reflects a routine equity compensation award to a reporting person; the filing shows no sale or cash purchase associated with this transaction.
Positive
- 3,240 RSUs granted to align the director's incentives with shareholder value through equity compensation
- Vesting in one year provides a clear retention mechanism for the reporting person
Negative
- None.
Insights
TL;DR: Director received 3,240 RSUs that vest in one year, modestly increasing direct holdings to 19,103 shares.
The grant is recorded as a non-cash equity award with a $0 price, indicating typical restricted stock unit compensation rather than a market purchase. For investors, this is a routine executive/director compensation event and does not change outstanding share count immediately. The size of the award relative to reported direct holdings is modest, so the short-term market impact is likely minimal. The vesting schedule creates a one-year retention incentive.
TL;DR: A standard restricted stock unit grant to a director with one-year vesting, executed via attorney-in-fact.
From a governance perspective, the filing documents a transparent, time-based equity grant to a board member. The one-year cliff vesting suggests a retention purpose. The Form 4 was properly filed and signed by an authorized representative, which satisfies Section 16 reporting requirements. There are no indications of unusual related-party transactions or accelerated vesting disclosed in this form.