Form 4: QuickLogic Director Joyce Kim Reports Stock Transactions
SEC Form 4 Filing
Director Joyce Kim of QuickLogic Corp reports acquisition and disposal of common stock and restricted stock units on August 24, 2024.
Summary
- On August 24, 2024, Joyce Kim, a director of QuickLogic Corp, reported transactions involving the company's stock.
- Kim acquired 2,858 shares of common stock through the vesting of restricted stock units.
- Simultaneously, Kim disposed of 9,900 shares of common stock.
- Following these transactions, Kim beneficially owns 9,900 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 SEC filing reporting 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 filing provides transparency to shareholders regarding the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 08/24/2024 | Date of stock acquisition and disposal, and vesting of restricted stock units. |
| 08/27/2024 | Date of signature by Attorney-in-Fact. |
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