QuickLogic Director Andrew J. Pease Exercises 5,246 Shares

What Happened
Andrew J. Pease, a director of QuickLogic Corp (QUIK), recorded an exercise/conversion of a derivative on 2026-09-02 that resulted in 5,246 shares being acquired at $0.00. The filing also shows a corresponding disposition of a derivative interest for the same 5,246 shares at $0.00. No cash was reported as exchanged in these entries.

Key Details

• Transaction date: 2026-09-02 (reported on Form 4 filed 2026-09-04) — filing appears timely.
• Reported transactions: Acquired 5,246 shares @ $0.00; Disposed (derivative) 5,246 shares @ $0.00. Transaction code M = exercise or conversion of a derivative.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: F1 notes that Restricted Stock Unit (RSU) shares vest in full 1 year from the grant date.
• No open-market purchase or sale for cash was recorded.

Context
Derivative conversions/exercises like this typically reflect the conversion or settlement of equity awards (for example, vested RSUs or exercised options) rather than a standard market buy or sell. Because the filing shows an equal acquisition and derivative disposition at $0, this appears to be an internal conversion/settlement event; it should not be read as a market sentiment trade.