FARESE MICHAEL J. 4
Research Summary
AI-generated summary
QuickLogic (QUIK) Director Michael J. Farese Sells 1,813 Shares
What Happened
- Michael J. Farese, a director of QuickLogic Corp (QUIK), sold 1,813 shares on March 17, 2026 in an open-market transaction at $9.91 per share, generating proceeds of $17,967. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date and price: March 17, 2026 — 1,813 shares sold at $9.91 each.
- Total proceeds: $17,967.
- Filing date: Form 4 filed March 19, 2026.
- Shares owned after the transaction: not specified in the summary provided (see the full Form 4 for post-transaction holdings).
- Footnote: The sale was made pursuant to Mr. Farese’s Rule 10b5-1 trading plan adopted August 21, 2025.
- Timeliness: Filed March 19, 2026; no late filing noted in the provided information.
Context
- This was a routine sale executed under a pre-established 10b5-1 plan, which generally means the trades were pre-scheduled and may not reflect the insider’s current view of the company. Sales like this are common and not necessarily a negative signal on their own.