Form 4: QuickLogic CFO Elias Nader Sells Shares to Cover Taxes from Vested Stock Units

Elias Nader, CFO and SVP of Finance at QuickLogic Corp, sold 2,843 shares of common stock on February 12, 2025, to cover taxes from restricted stock units that vested on February 10, 2025.

Summary

• On February 12, 2025, Elias Nader, the CFO and SVP of Finance at QuickLogic Corp, sold 2,843 shares of the company's common stock.
• The sale was executed at a weighted average price of $6.7502 per share, with individual transactions ranging from $6.75 to $6.7697.
• This transaction was conducted to cover taxes resulting from the vesting of restricted stock units on February 10, 2025.
• Following the reported transaction, Nader directly owns 62,785 shares of QuickLogic Corp.
• The reporting person will provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote upon request.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (selling shares to cover taxes). It doesn't indicate positive or negative sentiment.

Industry Context

Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives.

Key Dates

Keywords

QuickLogic, Elias Nader, stock sale, Form 4, CFO, restricted stock units, taxes, QUIK