Form 4: QuickLogic CFO Elias Nader Reports Stock Transactions
SEC Form 4 Filing
Elias Nader, CFO and SVP of Finance at QuickLogic Corp, reports the vesting of restricted stock units and subsequent disposal of common stock on February 10, 2025.
Summary
- On February 10, 2025, Elias Nader, the CFO and SVP of Finance at QuickLogic Corp, reported transactions involving QuickLogic's common stock.
- Nader acquired 4,673 shares of common stock through the vesting of restricted stock units (RSUs).
- Simultaneously, Nader disposed of 4,673 shares of common stock.
- Following these transactions, Nader directly owns 65,628 shares of QuickLogic common stock.
- Nader also holds 9,346 derivative securities in the form of Restricted Stock Units (RSUs).
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing; sentiment is neither positive nor negative.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their trading activities and ownership positions in their companies.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of stock transaction: vesting of RSUs and disposal of common stock. |
| 02/12/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, QuickLogic, QUIK, Elias Nader, CFO, Stock Transaction, Restricted Stock Units, RSU, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.