Form 4: QuickLogic CEO Brian C. Faith Acquires Shares in Open Market Transaction

QuickLogic's CEO, Brian C. Faith, purchased 1,250 shares of common stock on the open market at a price of $7.01 per share.

Summary

• Brian C. Faith, the President and CEO of QuickLogic Corp, acquired 1,250 shares of the company's common stock on November 18, 2024.
• The shares were purchased on the open market at a price of $7.01 per share.
• Following this transaction, Mr. Faith directly owns 171,954 shares of QuickLogic common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The CEO's purchase of shares is a positive sign, but it's a routine transaction and not a major event.

Positives

• The CEO's purchase of shares could be seen as a positive signal of confidence in the company's future prospects.

Industry Context

This type of transaction is common for executives and is often seen as a sign of confidence in the company's future performance. It is a routine disclosure required by the SEC.

Comparison to Industry Standards

• Insider trading activity is a common occurrence in publicly traded companies, and this transaction is within the normal range of such activities.
• Similar transactions are regularly reported by executives at comparable technology companies.

Stakeholder Impact

• The purchase may have a slightly positive impact on shareholder sentiment, as it indicates the CEO's confidence in the company.

Key Dates

Keywords

QuickLogic, insider trading, stock purchase, Brian C. Faith, CEO, common stock, open market