Form 4: QuickLogic CFO Elias Nader Reports Stock Transactions
SEC Filing
Elias Nader, CFO and SVP of Finance at QuickLogic Corp, reports the acquisition and disposal of common stock and restricted stock units on August 24, 2024.
Summary
- On August 24, 2024, Elias Nader, the CFO and SVP of Finance at QuickLogic Corp, reported transactions involving QuickLogic's common stock and restricted stock units.
- Nader acquired 13,126 shares of common stock at $0 and disposed of 13,126 restricted stock units.
- Following these transactions, Nader directly owns 61,929 shares of QuickLogic common stock and 13,126 derivative securities.
- The restricted stock units vest 50% after one year and the remaining 50% after two years from the date of issuance, contingent upon continued employment.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the trading activities of key personnel.
Stakeholder Impact
- Shareholders are informed about the stock transactions of a key executive, providing transparency.
Key Dates
| Date | Description |
|---|---|
| 08/24/2024 | Date of the stock transactions (acquisition and disposal of securities). |
| 08/26/2024 | Date of signature for the Form 4 filing. |
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