Form 4: QUICKLOGIC CEO Granted 105,341 Restricted Stock Units

QUICKLOGIC's President and CEO, Brian C. Faith, received a grant of 105,341 Restricted Stock Units, which will vest over a two-year period.

Summary

• Brian C. Faith, President and CEO, and a Director of QUICKLOGIC Corp (QUIK), was granted 105,341 Restricted Stock Units (RSUs).
• The transaction date for this grant was September 2, 2025.
• Each RSU represents a contingent right to receive one share of QUICKLOGIC's common stock.
• The RSUs will vest 50% after one year from the date of issuance and the remaining 50% after two years from the date of issuance, contingent on continued employment.
• Following this transaction, Brian C. Faith beneficially owns 105,341 derivative securities (RSUs).

Sentiment

Score: 7

Explanation: The grant of Restricted Stock Units to the CEO is a positive for executive alignment and retention, reflecting standard compensation practices. It does not, however, indicate a significant change in the company's immediate operational or financial outlook.

Positives

• The grant of 105,341 Restricted Stock Units to the President and CEO, Brian C. Faith, aligns his long-term interests with those of shareholders.
• The vesting schedule over two years encourages executive retention and sustained performance.

Negatives

• No direct negative implications are present in this routine executive compensation filing.

Risks

• No specific risks are detailed in this Form 4 filing, which primarily reports an insider transaction.

Future Outlook

The grant of Restricted Stock Units with a two-year vesting schedule indicates a commitment to retaining key executive talent and aligning their incentives with the company's long-term performance. The future conversion of these RSUs into common stock will depend on the executive's continued employment and the company's performance.

Industry Context

The grant of Restricted Stock Units is a standard practice in executive compensation across the technology and semiconductor industries. It is a common mechanism used by publicly traded companies to attract, retain, and incentivize senior leadership by linking their compensation directly to the company's stock performance and long-term value creation.

Comparison to Industry Standards

• The use of Restricted Stock Units (RSUs) as a component of executive compensation is a widely adopted practice, comparable to compensation structures at companies like Lattice Semiconductor (LSCC) or Rambus (RMBS), which frequently utilize equity grants to align executive interests with shareholder value.
• The vesting schedule, typically over 2-4 years, is also standard, with QUICKLOGIC's two-year schedule falling within common industry norms for such grants.

Corporate Governance

Stakeholder Impact

• Shareholders: The grant aims to align the CEO's interests with long-term shareholder value creation.
• Employees: May signal stability in leadership and a commitment to executive retention.

Next Steps

• The Restricted Stock Units will vest in two tranches: 50% on September 2, 2026, and the remaining 50% on September 2, 2027, subject to continued employment.

Key Dates

Recommendation

This Form 4 filing reports a routine executive compensation grant and does not contain new information that would fundamentally alter the investment thesis for QUICKLOGIC Corp. It is a standard disclosure of an insider transaction, not an indicator of significant operational or financial changes.

Keywords

QUICKLOGIC, QUIK, Brian C. Faith, Restricted Stock Units, RSU, executive compensation, insider transaction, Form 4, equity grant, vesting