QuickLogic director gets 5,246 RSU shares
Director Andrew J Pease increased his direct QUIK common stock holdings by 5,246 shares through RSU vesting and conversion.
Rhea-AI Filing Summary
QUICKLOGIC Corp (QUIK) director Andrew J Pease reported an equity award event on September 2, 2026. He converted 5,246 Restricted Stock Units into 5,246 shares of Common Stock at an exercise price of $0.00 per share, and after this conversion he directly held 36,797 Common shares. The Restricted Stock Units were described as vesting in full one year from the grant date, and no Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,246 shares exercised/converted
Exercise
2 txns
Insider
PEASE ANDREW J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1 | 5,246 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,246 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 0 contracts (Direct);
Common Stock — 36,797 shares (Direct)
Footnotes (1)
- F1. Restricted Stock Unit shares vest in full 1 year from the grant date.
Key Figures
RSUs converted: 5,246 units
Common shares received: 5,246 shares
Holdings after transaction: 36,797 shares
+2 more
5 metrics
RSUs converted
5,246 units
Restricted Stock Units converted into Common Stock on September 2, 2026
Common shares received
5,246 shares
Shares of QUICKLOGIC Corp Common Stock issued upon RSU conversion on September 2, 2026
Holdings after transaction
36,797 shares
Directly held QUICKLOGIC Corp Common Stock by Andrew J Pease after the conversion
Conversion price
$0.00 per share
Exercise or conversion price for the 5,246 Restricted Stock Units settled into Common Stock
Transaction date
September 2, 2026
Date of RSU conversion and resulting Common Stock acquisition
Key Terms
Restricted Stock Unit, vest
2 terms
Restricted Stock Unit financial
"Restricted Stock Unit shares vest in full 1 year from the grant date."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
vest financial
"Restricted Stock Unit shares vest in full 1 year from the grant date."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did QUIK director Andrew J Pease report on September 2, 2026?
He converted 5,246 Restricted Stock Units into 5,246 shares of Common Stock on September 2, 2026, reflecting an equity award vesting and settlement into QUIK common shares.
Are Andrew J Pease’s QUIK transactions under a Rule 10b5-1 trading plan?
The filing indicates that no Rule 10b5-1 trading plan applies to these transactions; the affirmation checkbox for such a plan is not marked.
What vesting terms are disclosed for the Restricted Stock Units reported by QUIK’s director?
The footnote states that the Restricted Stock Unit shares vest in full one year from the grant date, after which they can be settled into common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.