4Filed Sep 17, 8:00 PM ET

QUICKLOGIC (QUIK) CFO Nader Elias Sells 8,291 Shares

$QUIK · QUICKLOGIC Corp

Research Summary

AI-generated summary of this SEC filing

Updated

QUICKLOGIC (QUIK) CFO Nader Elias Sells 8,291 Shares

What Happened

  • Nader Elias, CFO and SVP Finance of QUICKLOGIC (QUIK), sold 8,291 shares on 2026-09-17 in an open-market/private sale. The filing reports a weighted-average price of $10.21, for gross proceeds of about $84,680. The sale was done to cover taxes from restricted stock units that vested on September 13, 2026.

Key Details

  • Transaction date: 2026-09-17; filing date: 2026-09-18 (timely filing).
  • Reported price: weighted average $10.21; individual trade prices ranged from $9.73 to $10.57.
  • Shares sold: 8,291 (transaction code S = Sale).
  • Shares owned after transaction: not disclosed in the provided filing excerpt.
  • Footnotes: F1 — sale to cover taxes on vested RSUs; F2 — weighted-average price with multiple trade prices in the $9.73–$10.57 range (reporting person can provide per-price breakdown on request).
  • No 10b5-1 plan or late-filing flag indicated in the provided details.

Context

  • This was a tax-withholding sale following RSU vesting, which is a common, routine reason insiders sell shares and not necessarily a signal about company prospects. The transaction size (~$84.7k) is modest for an executive-level insider and should be viewed accordingly.