QuickLogic (QUIK) Director Kim Joyce Converts 5,246 RSUs

What Happened
Kim Joyce, a director of QuickLogic Corp., reported a derivative conversion on Sep 2, 2026 (transaction code M): 5,246 shares were acquired at $0.00 and an equal 5,246 shares were disposed at $0.00. The filing reports no cash exchanged (all entries show $0). Footnote F1 indicates these were restricted stock units (RSUs) that vest in full one year from the grant date. The matching acquisition and disposition suggest an administrative conversion/settlement of vested RSUs rather than an open‑market buy or sale; the Form 4 does not state the insider’s post-transaction share total.

Key Details

• Transaction date: 2026-09-02; Form 4 filed: 2026-09-04 (timely filing).
• Reported transactions: 5,246 shares acquired @ $0.00 (derivative conversion, code M); 5,246 shares disposed @ $0.00 (also code M).
• Reported values: $0 cash received/paid for both entries.
• Footnote: F1 — "Restricted Stock Unit shares vest in full 1 year from the grant date."
• Shares owned after transaction: not disclosed in the provided filing.
• No 10b5-1 plan, tax‑withholding, or sale‑for‑proceeds notation was provided in the items shown.

Context
Code M indicates exercise or conversion of a derivative — here, RSUs converting into common shares on vesting. Conversions like this are typically administrative (vesting and issuance) and do not necessarily signal bullish buying or routine selling in the market. For retail investors, outright purchases by insiders tend to be more informative about sentiment; this filing primarily documents the mechanics of RSU vesting/conversion.