Form 4: QuickLogic Director Andrew J. Pease Reports Stock Transaction

Director Andrew J. Pease of QuickLogic Corp. reports the vesting of restricted stock units and subsequent disposal of shares on August 24, 2024.

Summary

• On August 24, 2024, Andrew J. Pease, a director at QuickLogic Corporation, engaged in a transaction involving common stock.
• Pease acquired 4,171 shares of common stock through the vesting of restricted stock units.
• Simultaneously, Pease disposed of 4,171 shares of common stock at a price of $0.
• Following the reported transaction, Pease beneficially owns 28,311 shares of QuickLogic Corp.
• The restricted stock units vest in full one year from the grant date.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding the stock transactions of a company director.
• It helps stakeholders understand the alignment of interests between management and shareholders.

Key Dates