4Filed Sep 3, 8:00 PM ET
QUICKLOGIC (QUIK) Director Gary H. Tauss Converts 5,246 RSUs
$QUIK · QUICKLOGIC CorpResearch Summary
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QUICKLOGIC (QUIK) Director Gary H. Tauss Converts 5,246 RSUs
What Happened
- Gary H. Tauss, a director of QUICKLOGIC Corp (QUIK), converted/exercised 5,246 derivative awards into 5,246 common shares on September 2, 2026. The transaction shows $0.00 per share (no cash paid) and a matching disposition entry for the derivative instrument, consistent with RSUs vesting and being settled for shares. The Form 4 was filed on September 4, 2026.
Key Details
- Transaction date: 2026-09-02; Form 4 filed: 2026-09-04 (timely filing).
- Reported transactions: 5,246 shares acquired via conversion/exercise (code M) at $0.00; a corresponding disposition of 5,246 derivative shares at $0.00.
- Shares owned after the transaction: not specified in the filing.
- Footnote: F1 — Restricted Stock Unit shares vest in full 1 year from the grant date (explains why conversion occurred).
- No 10b5-1 plan, tax withholding, or open-market sale was reported in this filing.
Context
- This was a conversion/settlement of restricted stock units (derivative to common shares), not an open-market purchase or sale. Because no shares were sold in this filing and no cash changed hands, the event reflects vesting/settlement rather than a market trade or liquidity event.