QuickLogic (QUIK) CTO Timothy Saxe Sells 10,364 Shares

What Happened
Timothy Saxe, Senior Vice President and CTO of QuickLogic (QUIK), reported a sale of 10,364 shares on 2026-09-17. The weighted-average price was $10.21, for a total reported proceeds of $105,853. The filing indicates the shares were sold in multiple transactions to cover taxes from restricted stock units that vested on September 13, 2026.

Key Details

• Transaction type: Sale (S) — open market/private sale indicated; executed in multiple transactions.
• Date: 2026-09-17. Weighted-average price reported: $10.21; individual sale prices ranged from $9.73 to $10.57.
• Shares sold: 10,364. Proceeds: $105,853 (reported).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnotes: F1 — shares sold to cover taxes on vested RSUs (tax withholding). F2 — price is a weighted average; detailed per-price breakdown available on request.
• Filing timeliness: Filed 2026-09-18 for a 2026-09-17 transaction (appears timely; no late filing noted).

Context
This sale was explicitly to cover tax withholding on vested RSUs, a routine, non-investment-driven disposition common after vesting. Such tax-withholding sales are generally administrative and do not necessarily indicate the insider’s view on the company’s prospects. The filer offers to provide a detailed breakdown of the number of shares sold at each price within the reported range upon request.