QUICKLOGIC (QUIK) Director Ron Shelton Receives RSU Award

What Happened

• Ron Shelton, a director of QUICKLOGIC Corp (QUIK), received a grant of 7,946 restricted stock units (RSUs) on September 4, 2026. The RSUs are recorded as a derivative acquisition with an acquisition price of $0 (standard for RSU grants). The units are contingent rights to receive one share each and vest in full one year from the grant date.
• This filing is an amendment: the Form 4 was corrected because the original filing included an incorrect grant amount; the 7,946 RSUs reported here are the corrected total.

Key Details

• Transaction date: 2026-09-04; Amended Form 4 filed: 2026-09-30.
• Grant: 7,946 RSUs; reported acquisition price: $0. Classified as a derivative grant (restricted stock units).
• Vesting: RSU shares vest in full one year from the grant date (per footnote).
• Amendment reason: administrative error in the original Form 4; this filing corrects the grant amount.
• Shares owned after the transaction: not specified in the provided filing.

Context

• RSUs are compensation awards that convert to common shares only after vesting; they do not represent immediate proceeds or an open‑market purchase/sale. Because these RSUs vest in one year, Shelton cannot sell those underlying shares until they vest (except as permitted by company policy).
• Grants like this are routine director compensation and should not be interpreted alone as a buy or sell signal. The amendment corrects reporting accuracy but does not change the nature of the award.