Form 4: Quicklogic Director Gary Tauss Sells 1,200 Shares
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
| Date | Description |
|---|---|
| 03/04/2024 | Date of adoption of Rule 10b5-1 trading plan |
| 03/03/2025 | Date of transaction: Sale of 1,200 shares |
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