QuickLogic (QUIK) Director Michael Farese Receives 7,899 RSU Award

What Happened
Michael J. Farese, a director of QuickLogic Corp (QUIK), received a grant of 7,899 restricted stock units (RSUs) on 2026-09-04. The Form 4 shows the acquisition as an award (A) at $0.00 per unit (no cash exchanged at grant). These RSUs represent a contingent right to receive one share each upon vesting.

Key Details

• Transaction date: 2026-09-04; Form 4 filed: 2026-09-11. (Filed 7 days after the grant; Form 4s are generally required within two business days, so this appears late.)
• Grant: 7,899 RSUs; reported price: $0.00 (award/derivative transaction).
• Shares owned after the transaction: not specified in the provided filing information.
• Footnotes: F1 — each RSU equals a contingent right to one common share; F2 — the RSUs vest in full one year from the grant date.
• Transaction type: Award/compensation (not an open-market purchase or sale).

Context
RSUs are a form of equity compensation: no shares are issued until vesting conditions are met (here, full vesting after one year). This is typically a retention/compensation grant rather than a direct market investment; it does not by itself indicate a personal purchase or sale of stock. The eventual value realized will depend on QuickLogic’s share price at vesting and any applicable tax or withholding rules.