Form 4: QuickLogic Director Reports Stock Sale and RSU Grant

QuickLogic Corp Director Gary H. Tauss disclosed the sale of 1,400 common shares under a pre-arranged plan and the acquisition of 5,246 restricted stock units.

Summary

• Gary H. Tauss, a Director of QuickLogic Corp (QUIK), reported transactions involving the company's common stock and restricted stock units (RSUs).
• On September 3, 2025, Mr. Tauss sold 1,400 shares of common stock at a price of $4.86 per share.
• This sale was executed pursuant to a Rule 10b5-1 trading plan adopted on March 4, 2024.
• Following this transaction, Mr. Tauss directly beneficially owns 15,863 shares of common stock.
• On September 2, 2025, Mr. Tauss was granted 5,246 Restricted Stock Units (RSUs).
• Each RSU represents a contingent right to receive one share of QuickLogic's common stock.
• These RSUs are scheduled to vest in full one year from the grant date.
• Following the RSU grant, Mr. Tauss directly beneficially owns 5,246 RSUs.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While there was a sale of common stock, it was pre-planned under a 10b5-1 plan, which mitigates negative signaling. The grant of Restricted Stock Units is a positive, aligning the director's interests with long-term company performance.

Positives

• The grant of 5,246 Restricted Stock Units (RSUs) to Director Gary H. Tauss aligns his interests with long-term shareholder value, as these units vest over time.

Negatives

• Director Gary H. Tauss sold 1,400 shares of common stock, reducing his direct common stock holdings.

Future Outlook

The 5,246 Restricted Stock Units granted to Director Tauss are scheduled to vest in full one year from the grant date, indicating a future increase in his direct common stock holdings upon vesting.

Industry Context

NA

Stakeholder Impact

• Shareholders: The pre-planned sale of shares by a director might be viewed with slight caution, but the existence of a Rule 10b5-1 plan reduces concerns about opportunistic selling. The RSU grant aligns the director's long-term interests with shareholder value.

Next Steps

• The 5,246 Restricted Stock Units are expected to vest in full approximately one year from the grant date of September 2, 2025.

Key Dates

Keywords

QuickLogic Corp, QUIK, Form 4, insider trading, stock sale, restricted stock units, RSU, director, Gary H. Tauss, 10b5-1 plan