Nader Elias 4
Research Summary
AI-generated summary
QuickLogic (QUIK) CFO Nader Elias Sells 2,624 Shares
What Happened
Nader Elias, Chief Financial Officer (SVP Finance) of QuickLogic Corp (QUIK), sold 2,624 shares in an open-market/private sale on February 12, 2026 at $7.08 per share, generating proceeds of $18,578. This was a sale (code S) and the filing indicates the sale was to cover tax withholding on restricted stock units that vested on February 10, 2026.
Key Details
- Transaction date and price: 2026-02-12 at $7.08 per share.
- Shares sold and proceeds: 2,624 shares sold for $18,578 total.
- Transaction code: S (Sale).
- Footnote: Sale was to cover taxes from RSUs that vested on Feb 10, 2026 (per filing footnote).
- Filing timeliness: Report filed 2026-02-13 for a 2026-02-12 transaction — appears timely.
- Shares owned after transaction: not specified in the provided filing excerpt.
Context
Sales tied to tax withholding for vested equity awards are common and typically considered routine rather than a directional bet on the company. For retail investors, purchases or large, unexplained sales can be more informative; this transaction appears to be a routine tax-related sale following RSU vesting.