QUIK.NASDAQQuicklogic CORP

Form 4: QuickLogic CFO Sells Shares for Tax Obligations

Sentiment:

Insider Transaction Report

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QuickLogic's CFO, Elias Nader, sold 2,479 shares of common stock to cover tax liabilities from vested restricted stock units.

Summary

  • Elias Nader, CFO and SVP of Finance at QuickLogic Corp (QUIK), sold 2,479 shares of common stock.
  • The transaction occurred on August 13, 2025, at a weighted average price of $5.6512 per share.
  • The shares were sold to cover taxes associated with restricted stock units that vested on February 10, 2025.
  • Following the sale, Elias Nader directly beneficially owns 68,339 shares of QuickLogic common stock.

Sentiment

Score: 5

Explanation: The filing reports a routine insider stock sale for tax purposes, which is a neutral event. It does not indicate any positive or negative operational or financial developments for the company.

Future Outlook

No forward-looking statements or guidance are provided in this filing, as it is a report of an insider transaction.

Industry Context

This filing reports a routine insider transaction for tax purposes and does not provide broader industry context or trends. It reflects a standard compensation-related stock sale by a corporate officer.

Stakeholder Impact

  • Shareholders: Minimal direct impact, as this is a small, tax-related sale by an insider and not indicative of a change in company fundamentals or management's long-term view.

Key Dates

DateDescription
02/10/2025Restricted stock units vested, triggering tax obligations.
08/13/2025Date of common stock transaction (sale).
08/14/2025Date the Form 4 was signed and filed.

Keywords

QuickLogic, QUIK, SEC Form 4, Insider Trading, Stock Sale, CFO, Restricted Stock Units, Tax Obligations

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