QuickLogic (QUIK) Director Andrew Pease Receives 7,899 RSUs

What Happened Andrew J. Pease, a director of QuickLogic Corp (QUIK), received a grant of 7,899 restricted stock units (RSUs) on 2026-09-04. The Form 4 reports the acquisition as a derivative award (code A) at $0.00 per share (standard for RSU grants); no cash was paid at grant and no immediate shares were issued.

Key Details

• Transaction date: 2026-09-04; Form filed: 2026-09-11 (filing appears late vs. the typical 2-business-day Form 4 deadline).
• Reported transaction: 7,899 RSUs granted (derivative award), price reported $0.00.
• Vesting: RSU shares vest in full 1 year from the grant date (per filing footnote).
• Footnote: Each RSU represents a contingent right to receive one share of common stock upon vesting.
• Shares owned after transaction: not specified in the filing.

Context RSU grants are a common form of executive/director compensation and do not represent an immediate market purchase or sale. These RSUs convert to ordinary shares only upon vesting (here, after one year), at which point any value will depend on QUIK’s stock price. The later filing date may be a reporting timeliness issue but does not by itself indicate trading intent.