QuickLogic (QUIK) Director Michael J. Farese Receives RSU Award

What Happened

Michael J. Farese, a director of QuickLogic Corp. (QUIK), was granted 7,946 restricted stock units (RSUs) on September 4, 2026. The award is reported as a derivative acquisition with a reported price of $0 and total reported value of $0. The Form 4 filed for this transaction is an AMENDED filing correcting the originally reported grant amount.

Key Details

• Transaction date: 2026-09-04; Form 4 filed (amended) on 2026-09-30.
• Transaction type: Grant / Award (Derivative RSUs), 7,946 RSUs @ $0.00.
• Shares owned after transaction: Not specified in the filing.
• Footnotes of note:
  • F1: Each RSU is a contingent right to receive one share of common stock.
  • F2: This is an amended filing to correct an incorrect grant amount on the original Form 4.
  • F3: The RSUs vest in full one year from the grant date.
• Timeliness: The Form 4 was filed 26 days after the transaction date and is labeled AMENDED; original reporting and timeliness are not detailed in the filing.

Context

RSUs are compensation grants that convert to actual shares only upon vesting (here, fully vesting one year after grant). Because this was an award (not an open‑market purchase or sale), it reflects compensation rather than a direct buy or sell signal. Amended filings like this correct prior reporting errors; they do not by themselves indicate change in insider sentiment.