QUICKLOGIC Corp·4

Feb 13, 4:34 PM ET

Nader Elias 4

Research Summary

AI-generated summary

Updated

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.