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QUIK Insider Sale: CFO Disposes 7,325 Shares at $5.80 Avg

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Nader Elias, Chief Financial Officer of QuickLogic Corp (QUIK), reported a sale of 7,325 shares of common stock on 09/19/2025 to cover taxes resulting from restricted stock units that vested on 09/13/2025. The weighted-average sale price was $5.8031, with individual trade prices ranging from $5.6314 to $5.8082. After the reported disposition, the reporting person beneficially owned 82,006 shares.

The Form 4 discloses the tax-cover nature of the sale and provides a price range and weighted average, indicating the transactions were standard clearance sales associated with RSU vesting rather than open-market purchases or strategic disposals.

Positive

  • Clear disclosure that the sale was to cover taxes from vested RSUs, reducing ambiguity about insider intent
  • Detailed pricing provided (weighted-average plus price range), allowing precise record of the transaction

Negative

  • None.

Insights

TL;DR: Routine tax-cover sale by a named officer; limited investor impact.

The reported sale of 7,325 shares at a weighted-average price of $5.8031 corresponds to shares sold to satisfy tax withholding on vested RSUs. This is a common post-vesting action that typically does not signal a change in insider conviction. The remaining beneficial ownership of 82,006 shares should be viewed in the context of total outstanding shares (not provided here); absent evidence of larger patterned selling, the event is informational rather than material.

TL;DR: Disclosure is complete and follows Section 16 norms; no governance red flags apparent.

The Form 4 clearly states the transaction code, number of shares sold, weighted-average price, and that the sale was to cover taxes on vested RSUs, which supports compliance with insider reporting obligations. The filing was executed via attorney-in-fact, which is standard practice. No indications of undisclosed tied-party transactions or unusual derivative activity are present in the submitted sections.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Nader Elias

(Last) (First) (Middle)
C/O QUICKLOGIC CORPORATION
2220 LUNDY DRIVE

(Street)
SAN JOSE CA 95131

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
QUICKLOGIC Corp [ QUIK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CFO, SVP FINANCE
3. Date of Earliest Transaction (Month/Day/Year)
09/19/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/19/2025 S 7,325(1) D $5.8031(2) 82,006 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares were sold to cover the taxes from restricted stock units that vested on September 13, 2025.
2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $5.6314 to $5.8082, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
/s/ Harjit Lally, Attorney-in-Fact 09/22/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did QUIK insider Nader Elias report on the Form 4?

The Form 4 reports a sale of 7,325 shares of QuickLogic common stock on 09/19/2025 to cover taxes from vested RSUs.

At what price were the QUIK shares sold according to the Form 4?

The weighted-average sale price was $5.8031, with individual sale prices ranging from $5.6314 to $5.8082.

How many QUIK shares does Nader Elias beneficially own after the reported transaction?

After the reported disposition, the Form 4 shows beneficial ownership of 82,006 shares.

Why were the QuickLogic (QUIK) shares sold according to the filing?

The filing states the shares were sold specifically to cover taxes arising from restricted stock units that vested on 09/13/2025.

Does the Form 4 show any derivative transactions for the reporting person?

No. Table II (derivative transactions) contains no reported derivative acquisitions or dispositions for the reporting person.
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