QUIK.NASDAQQuicklogic CORP

Form 4: Quicklogic Director Gary Tauss Sells 1,200 Shares

Sentiment:

SEC Filing


Director Gary Tauss of Quicklogic Corp. sold 1,200 shares of common stock at a price of $6.3 on March 3, 2025, according to a Form 4 filing with the SEC.

Summary

  • Gary Tauss, a director of Quicklogic Corp, sold 1,200 shares of common stock on March 3, 2025.
  • The sale was executed at a price of $6.3 per share.
  • Following the transaction, Tauss directly owns 18,263 shares of Quicklogic Corp.
  • The sale was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on March 4, 2024.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a routine transaction (stock sale by a director) under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment towards the company.

Industry Context

Form 4 filings are a routine part of the regulatory landscape, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

  • The sale of shares by a director could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates

DateDescription
03/04/2024Date of adoption of Rule 10b5-1 trading plan
03/03/2025Date of transaction: Sale of 1,200 shares

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.