[Form 4] QUICKLOGIC Corp Insider Trading Activity
Timothy Saxe, identified as Senior Vice President and CTO of QuickLogic Corp (QUIK), reported equity awards on 09/13/2025. The filing shows an award of 18,603 restricted stock units (RSUs) granted with a reported price of $0. The RSUs vest 50% after one year and the remaining 50% after two years, subject to continued employment. After the transaction the filing lists 135,071 shares of common stock beneficially owned (direct) in Table I and shows RSU-related underlying common shares of 18,603 in Table II with 18,602 reported as beneficially owned following the derivative transaction. The form is signed by an attorney-in-fact on behalf of the reporting person on 09/15/2025.
- Time-based RSU grant with staged vesting (50%/50%) supports executive retention
- No cash cost reported for the RSUs (price reported as $0), indicating compensation issuance rather than purchase
- None.
Insights
TL;DR: Routine executive equity grant tied to multi-year vesting, consistent with retention incentives.
The Form 4 documents a time-based restricted stock unit award to a named executive officer, vesting 50% after one year and 50% after two years. Such grants are typical for aligning senior management with shareholder interests and for retention. The grant price is reported as $0, indicating these are compensation RSUs rather than open-market purchases. The reported direct beneficial ownership balances are disclosed, providing transparency on post-grant holdings. This disclosure is standard and does not itself indicate governance concerns.
TL;DR: Non-cash RSU award increases executive stake modestly; no immediate cash outflow or exercise required.
The filing shows an 18,603 RSU grant to the Sr. VP & CTO with a $0 price and staged vesting. For investors this means potential future dilution when RSUs vest and convert to shares, but the filing does not quantify dilution as a percentage of outstanding shares. The form also reports total direct beneficial ownership figures (135,071 shares), which helps assess insider alignment but requires the company share count to evaluate materiality. The disclosure is timely and conforms to Section 16 reporting requirements.