QuickLogic CFO converts 24,096 RSUs to shares
QuickLogic’s CFO converted 24,096 RSUs into common shares, resulting in direct holdings of 94,407 shares after the September 2, 2026 transaction.
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Rhea-AI Filing Summary
QUICKLOGIC Corp (QUIK) reported that its Chief Financial Officer and Senior Vice President of Finance, Nader Elias, exercised 24,096 restricted stock units into an equal number of shares of common stock on September 2, 2026. This was an RSU vesting-related conversion at a stated price of $0.00 per share, not an open-market trade, and no Rule 10b5-1 plan is reported. Following the transaction, he directly holds 94,407 shares of common stock, which include 2,532 shares acquired through the Employee Stock Purchase Plan. The restricted stock units vest 50% after one year from issuance and 50% after two years, subject to continued employment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F2 | 24,096 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 24,096 | $0.00 | $0.00 |
Footnotes (2)
- F1. Includes 2,532 ESPP shares purchased in a non-reportable transaction on May 14, 2026.
- F2. Restricted stock units vest 50% after one year after date of issuance and the remaining 50% after two years from the date of issuance, subject to continued employment of the grantee.
Key Figures
Key Terms
Restricted stock units financial
derivative security financial
Employee Stock Purchase Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction did QUICKLOGIC Corp (QUIK) disclose for CFO Nader Elias on this Form 4?
Were the QUICKLOGIC Corp (QUIK) RSUs exercised under a Rule 10b5-1 trading plan?
What are the vesting terms of the QUICKLOGIC Corp (QUIK) restricted stock units held by the CFO?
Does this QUICKLOGIC Corp (QUIK) Form 4 show a net insider buy or sell by the CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.