FARESE MICHAEL J. 4

What Happened

• Michael J. Farese, a director of QuickLogic Corp (QUIK), sold 4,000 shares on April 6, 2026. The shares were disposed at $10.31 each, for a total transaction value of $41,240. This was a sale (not a purchase) and therefore generally not a bullish signal.

Key Details

• Transaction date: 2026-04-06; Filing date: 2026-04-07 (Form 4 accession 0001172508-26-000004).
• Trade: Sale of 4,000 shares at $10.31 per share — proceeds $41,240.
• Shares owned after the transaction: not specified in the excerpt provided.
• Footnote: Sale was effected under a Rule 10b5‑1 trading plan adopted August 21, 2025 (F1).
• Timing: Filing appears timely (no late-filing indicator in provided data).

Context

• A Rule 10b5‑1 plan means the sale was executed according to a pre-established trading arrangement, which is commonly used to avoid accusations of trading on inside information. Such planned sales are often considered routine.
• For retail investors, purchases typically carry more weight as signals of insider confidence; planned sales like this are less informative about near-term company prospects.