Form 4: QuickLogic CFO Sells Shares for Tax Obligations

QuickLogic's CFO, Elias Nader, sold a total of 16,500 shares of common stock in early December 2025, primarily to cover tax obligations under a pre-arranged plan.

Summary

• Elias Nader, the Chief Financial Officer and Senior Vice President of Finance for QuickLogic Corp (QUIK), reported the sale of company common stock.
• On December 5, 2025, Nader sold 10,813 shares of common stock at a weighted average price of $6.3625 per share.
• On December 8, 2025, an additional 5,687 shares of common stock were sold at a price of $6.30 per share.
• The total number of shares sold across both transactions was 16,500.
• These sales were conducted pursuant to a Rule 10b5-1(c) pre-arranged trading plan.
• The primary reason stated for these sales was to cover withheld taxes.
• Following these transactions, Elias Nader beneficially owns 65,506 shares of QuickLogic common stock.
• The price range for the December 5th transaction was from $6.35 to $6.42 per share.

Sentiment

Score: 5

Explanation: The insider sales by the CFO were conducted under a pre-arranged 10b5-1 plan and explicitly stated to be for covering tax obligations, which is a common and generally neutral reason for such transactions. It does not indicate a significant positive or negative shift in company fundamentals or outlook.

Negatives

• While for tax purposes, insider selling can sometimes be perceived by some investors as a slight negative, potentially indicating a lack of immediate upside conviction, though this is largely mitigated by the stated reason and the 10b5-1 plan.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance.

Management Comments

• The sales were related to covering withheld taxes.

Industry Context

This Form 4 filing is a routine disclosure of an insider stock transaction, common across all industries for publicly traded companies. It reflects a personal financial event for a key executive rather than a direct reflection of broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: May observe the insider sale, but the stated reason (taxes) and 10b5-1 plan typically mitigate concerns about management's confidence in the company's future.

Key Dates

Keywords

QuickLogic, QUIK, Form 4, Insider Trading, Stock Sale, CFO, Elias Nader, 10b5-1 Plan, Tax Obligations