QuickLogic Corporation awarded 51,502 restricted stock units (RSUs) to its new Senior Vice President of Finance and CFO, James Sullivan, as an incentive for joining the company. These RSUs were granted outside the company's 2019 Equity Incentive Plan and will vest over three years, starting with one-third vesting after one year and the remainder vesting in six-month intervals, contingent on Sullivan's continued employment. This move aligns with Nasdaq rules and aims to retain key executive talent. QuickLogic specializes in embedded FPGA and programmable logic solutions for various industries including aerospace and defense.
QuickLogic's inducement grant news is presented with Technology-sector market data from Pluang as of Oct 07, 2026 03:03 WIB. Among 150 priced Technology-sector US stocks, 93 rose and 56 fell today. Notable movers include AEHR at USD 92.81 with a 1-day change of -11.10%, STX at USD 806.00 with a 1-day change of -9.14%, and FRSH at USD 13.79 with a 1-day change of +7.90%.
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