4Accepted Sep 18, 4:05 PM ET
QuickLogic (QUIK) CEO Brian C. Faith Sells 17,255 Shares
Accepted (ET)
4:05 PM
Sep 18, 2026
Filed
Sep 18, 2026
Documents
1
Size
5.4 KB
Summary
QuickLogic (QUIK) CEO Brian C. Faith Sells 17,255 Shares
What Happened
Brian C. Faith, President, CEO and a director of QuickLogic Corp (QUIK), sold 17,255 shares in an open-market transaction on September 17, 2026. The reported weighted-average price was $10.21, for a total proceeds value of approximately $176,234. This sale was to cover taxes associated with restricted stock units that vested on September 13, 2026, so it appears routine rather than a directional bet on the stock.
Key Details
- Transaction date: 2026-09-17 (reported on Form 4 filed 2026-09-18) — filing appears timely.
- Transaction type: Sale (open market) to satisfy tax withholding for vested RSUs.
- Shares sold: 17,255; weighted-average price reported as $10.21; prices in the sale range from $9.73 to $10.57.
- Reported proceeds: ~ $176,234.
- Shares owned after the transaction: Not specified in the information provided in this summary.
- Footnotes: F1 confirms sale was to cover taxes from RSUs vested 2026-09-13. F2 notes the $10.21 is a weighted average and the filer can provide per-price breakdown on request.
Context
Sales to cover tax withholding on vested awards are common and generally considered routine liquidity events rather than a signal of negative insider sentiment. Purchases are usually more informative about an insider’s confidence; this filing documents a tax-related disposition.