Quicklogic SEC Filings

QuickLogic Corp (QUIK) director and President & CEO Brian C. Faith received a grant of restricted stock units (RSUs) on 08/24/2025. The filing reports 34,456 RSUs granted with a price of $0 and shows total beneficial ownership of 228,040 shares after the transaction. The RSUs vest 50% after one year and the remaining 50% after two years, subject to continued employment.

The Form 4 was filed by one reporting person and signed by an attorney-in-fact on 08/25/2025. The entry indicates these awards are non-derivative equity awards that will convert into common stock upon vesting.

Timothy Saxe, Sr. VP and CTO of QuickLogic Corporation (QUIK), reported the acquisition of 16,408 restricted stock units on 08/24/2025. The RSUs have an exercise/issue price of $0 and, once vested, convert into common stock; following the transaction his beneficial ownership is reported as 125,237 shares held directly. The RSUs vest 50% after one year and the remaining 50% after two years, contingent on continued employment. The Form 4 was signed by an attorney-in-fact on 08/25/2025. This filing discloses a standard equity grant to an executive with a time-based vesting schedule.

QuickLogic Corp insider grant to CFO Nader Elias: The filing reports that on 08/24/2025 QuickLogic granted 13,126 restricted stock units (RSUs) to Nader Elias, who is listed as CFO and SVP Finance. The RSUs have an exercise/conversion price of $0 and vest 50% after one year and the remaining 50% after two years, subject to continued employment. After the reported transaction the filing lists 81,465 shares beneficially owned by the reporting person. The Form 4 was signed via attorney-in-fact on 08/25/2025.

Nader Elias, Chief Financial Officer and Senior Vice President Finance of QuickLogic Corporation (QUIK), reported a sale of 2,479 shares of Common Stock on 08/13/2025 at a weighted average price of $5.6512 per share to cover taxes related to restricted stock units that vested on 02/10/2025. After the reported transaction, the filing shows 68,339 shares beneficially owned by the reporting person. The Form 4 was signed by an attorney-in-fact on 08/14/2025. The filer discloses that the sale occurred in multiple transactions at prices ranging from $5.65 to $5.6983, and offers to provide detailed per-transaction pricing on request.

QuickLogic reported weaker second-quarter results with declining revenue and widening losses while preserving short-term liquidity through equity raises and a committed credit facility. Revenue from continuing operations was $3.7 million, down 10% year-over-year and 15% sequentially, driven by lower sales of both new and mature products. Gross profit fell to $0.95 million (26% margin) as cost of revenue rose sharply to 74% of sales, producing a quarterly net loss from continuing operations of $2.66 million and a six-month loss of $4.75 million.

The company ended the period with $19.2 million of cash, $15.0 million outstanding on a revolving credit facility (8.0% interest) with maturity extended through the end of 2026, and net equity proceeds of approximately $5.6 million from registered offerings year-to-date. QuickLogic discontinued its SensiML subsidiary and is actively pursuing a sale of SensiML or its assets, which is being held for sale and expected to complete within 12 months.

QuickLogic Corporation appointed Ron Shelton to its Board effective August 7, 2025, naming him a Class III director and the Chair of the Audit Committee. His initial term expires at the company’s 2026 annual meeting of stockholders.

Mr. Shelton is a finance executive with more than 25 years of financial and operational leadership, currently serving as Chief Financial Officer of Syntiant Corp. He previously held CFO roles at Navitas Semiconductor, Adesto Technologies, GigOptix, and Cirrus Logic and holds a BA in Economics from Stanford University. The Board determined he is independent, he will enter the company’s standard indemnification agreement, and he will be paid under the standard non-employee director compensation policy. The company furnished a press release about the appointment as Exhibit 99.1 on August 13, 2025.

QuickLogic Corporation announced its fiscal second quarter results for the period ended June 29, 2025 by issuing a press release and holding a conference call. The press release is furnished as Exhibit 99.1 and the filing notes that it contains non-GAAP financial information with a reconciliation to GAAP provided in the exhibit.

The Current Report states the information, including Exhibit 99.1, is furnished (not filed) for purposes of the Exchange Act and the press release includes standard "safe harbor" language for forward-looking statements. No specific revenue, profit, or other financial figures are included in this Form 8-K; readers must consult Exhibit 99.1 for the detailed results and reconciliations.

Nader Elias, CFO and SVP Finance of QuickLogic Corp (QUIK), reported receipt of 4,673 restricted stock units (RSUs) on 08/10/2025, which represent contingent rights to receive one share of common stock each. After this reported activity, Mr. Elias's direct beneficial ownership is 70,818 shares, a total that the form notes includes 3,360 ESPP shares purchased on May 14, 2025 in a non‑reportable transaction. The RSUs vest 25% on the one‑year anniversary of the grant date and then one‑eighth every six months, subject to continued employment. The Form 4 shows transaction code "M" for the reported grant.