FARESE MICHAEL J. 4

What Happened

• Michael J. Farese, a director of QuickLogic Corp (QUIK), sold 1,729 shares in an open-market transaction on March 10, 2026.
• The shares were sold at $9.61 per share for total proceeds of $16,616. This was a sale (not a purchase), which is often routine insider liquidity rather than a directional endorsement of the stock.

Key Details

• Transaction date and price: 2026-03-10 — 1,729 shares sold at $9.61 each (total $16,616).
• Transaction type/code: Open-market sale (S).
• Shares owned after transaction: Not disclosed in the provided Form 4 summary.
• Footnote: Sale was effected pursuant to the reporting person’s Rule 10b5-1 trading plan adopted August 21, 2025.
• Timeliness: Report filed March 12, 2026 for a March 10, 2026 trade — appears timely (no late filing flag).

Context

• Sales made under a 10b5-1 plan are pre-scheduled transactions and can be routine portfolio-management activity; they do not necessarily reflect the insider’s current view of the company.
• For retail investors, purchases typically signal stronger insider conviction than routine sales; treat this as disclosed insider liquidity rather than a clear bullish or bearish signal.