Form 4: QuickLogic Director Converts RSUs to Common Stock
Insider Transaction Report
Andrew J. Pease, a director at QuickLogic Corp., converted 3,240 Restricted Stock Units into common stock, increasing his direct beneficial ownership.
Summary
- Director Andrew J. Pease acquired 3,240 shares of QuickLogic Corp. common stock.
- This acquisition resulted from the vesting and conversion of 3,240 Restricted Stock Units (RSUs).
- The transaction occurred on September 13, 2025.
- Following this transaction, Mr. Pease directly beneficially owns 31,551 shares of QuickLogic Corp. common stock.
- The Restricted Stock Units vest in full one year from their grant date.
Sentiment
Score: 6
Explanation: The filing reports a routine insider transaction (RSU vesting) which is generally neutral but slightly positive as it increases insider ownership, aligning interests with shareholders. No significant positive or negative news is conveyed.
Positives
- Director Andrew J. Pease increased his direct beneficial ownership of QuickLogic Corp. common stock by 3,240 shares.
- The conversion of Restricted Stock Units (RSUs) into common stock indicates a planned and expected event, often tied to long-term incentive compensation, aligning management interests with shareholders.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Increased direct ownership by a director may signal confidence and better align management interests with shareholder value.
Key Dates
| Date | Description |
|---|---|
| 09/13/2025 | Date of transaction where 3,240 Restricted Stock Units vested and converted into common stock. |
| 09/15/2025 | Date the Statement of Changes in Beneficial Ownership (Form 4) was signed and filed. |
Keywords
QuickLogic Corp, QUIK, Insider Transaction, Form 4, Andrew J. Pease, Restricted Stock Units, RSU, Common Stock, Director Ownership, Equity Compensation
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