Form 4: QuickLogic Corp CEO Brian C. Faith Reports Stock Transaction
SEC Form 4 Filing
Brian C. Faith, President and CEO of QuickLogic Corp, reports the disposition of 34,457 shares of common stock and restricted stock units on August 24, 2024.
Summary
- On August 24, 2024, Brian C. Faith, the President and CEO of QuickLogic Corp, reported a transaction involving the company's stock.
- The transaction involved the disposition of 34,457 shares of common stock.
- Additionally, 34,457 restricted stock units were also disposed of.
- Following the reported transactions, Mr. Faith directly owns 226,850 shares of QuickLogic Corp.
- He also owns 34,456 derivative securities.
Sentiment
Score: 5
Explanation: This is a standard regulatory filing related to stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's a standard practice and doesn't necessarily indicate a change in the company's prospects.
Stakeholder Impact
- Shareholders may be interested in insider transactions as an indicator of management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 08/24/2024 | Date of stock and restricted stock unit transaction |
| 08/26/2024 | Date of signature by Attorney-in-Fact |
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