QUICKLOGIC (QUIK) director logs 1,729-share open-market sale under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QUICKLOGIC Corp director Michael J. Farese reported an open-market sale of 1,729 shares of common stock on March 10, 2026 at an average price of $9.61 per share. The sale was executed under his Rule 10b5-1 trading plan adopted on August 21, 2025, and he now directly holds 41,153 shares.
Positive
- None.
Negative
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Insider Trade Summary 10b5-1
Net Seller: 1,729 shares ($16,616)
Net Sell
1 txn
Insider
FARESE MICHAEL J.
Role
Director
Sold
1,729 shs ($17K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,729 | $9.61 | $17K |
Holdings After Transaction:
Common Stock — 41,153 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did QUICKLOGIC (QUIK) director Michael J. Farese report?
Michael J. Farese reported selling 1,729 shares of QUICKLOGIC common stock in an open-market transaction. The sale occurred on March 10, 2026 at an average price of $9.61 per share, as disclosed in his Form 4 filing.
Was the QUICKLOGIC (QUIK) insider sale made under a Rule 10b5-1 trading plan?
Yes. The Form 4 notes that the sales were effected pursuant to Michael J. Farese’s Rule 10b5-1 trading plan. That plan was adopted on August 21, 2025, indicating the trades were pre-arranged rather than discretionary.
What type of transaction is reported in the QUICKLOGIC (QUIK) Form 4 for Michael J. Farese?
The Form 4 reports an open-market sale of common stock, coded as “S.” This non-derivative transaction involved selling 1,729 QUICKLOGIC shares and is categorized as a sale in an open market or private transaction.