RSU grant gives QuickLogic (QUIK) director 5,246 shares at $0
QuickLogic (QUIK) director Kim Joyce converted 5,246 RSUs into common shares at $0.00 per share on September 2, 2026, increasing direct holdings to 7,386 shares. The RSUs vested in full one year from their grant date, and no Rule 10b5-1 trading plan was involved.
How this was made
The 30-second read
Why it matters
The conversion adds 5,246 shares to the director's stake, raising total to 7,386 shares, with no cash exchanged.
Market read
Low relevance; typical insider vesting with minimal market impact.
What to watch
Potential future dilution if more RSUs vest; current conversion does not affect cash flow.
Background
Form 4 filing discloses insider transactions; this is a routine RSU vesting by a director.
Ticker impact
Director Kim Joyce exercised 5,246 RSUs into common shares on Sep 2, 2026, increasing holdings to 7,386 shares.
No significant impact expected.
The transaction is small relative to float and was at $0 price, typical vesting activity.
Market effects
None
None
None
Counterpoint
Even small insider purchases can signal confidence, but size is negligible here.
Key entities
- DirectorKim Joyce
QuickLogic director who converted RSUs.
- CompanyQuickLogic Corp
Provider of low-power FPGA and ASIC solutions.
