Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-23

Quicklogic (QUIK)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$1,196,495
Brian Faith total, FY2025
30th
CEO pay percentile vs peers
CEO-to-median pay ratio
98.84%
Say-on-pay support, latest vote
Companies that benchmark against QUIK
3 companies name QUIK as a compensation peer

Each company listed discloses QUIK in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named QUIK in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Brian Faith$468,000$351,000$377,495$0$0$0$0$1,196,495
President and Chief Executive Officer
Elias Nader370,000152,625219,4820000742,107
Senior Vice President and Chief Financial Officer
Timothy Saxe335,000125,625197,2540009,000666,879
Senior Vice President of Engineering and Chief Technology Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Brian Faith$1,196,495$1,471,241−274,746
Elias Nader742,107948,511−206,404
Timothy Saxe666,879886,290−219,411

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Michael R. FareseDirector2026-04-06D4,000$10$41,240CommonForm 4 ↗
Michael R. FareseDirector2026-04-14D4,8001256,208CommonForm 4 ↗
Gary H. TaussDirector2026-05-18D2,1951942,144CommonForm 4 ↗
Brian C. FaithDirector2026-05-20D41,48020848,092CommonForm 4 ↗
Joyce KimDirector2026-05-20D5,50020110,000CommonForm 4 ↗
Brian C. FaithDirector2026-05-20A41,48012500,000CommonForm 4 ↗
Brian C. FaithDirector2026-05-20D41,48000Derivative, Class A CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Timothy SaxeRSU2025-09-0278,843$385,542
Brian FaithRSU2025-09-02137,870674,184
Elias NaderRSU2025-09-0267,745331,273
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Timothy Saxe$385,542$0$00.0%
Brian Faith674,184000.0%
Elias Nader331,273000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Timothy SaxeRSU18,602$119,425
Timothy SaxeRSU60,241386,747
Elias NaderRSU48,191309,386
Brian FaithRSU32,529208,836
Brian FaithRSU105,341676,289
Elias NaderRSU14,88195,536
Elias NaderRSU4,67330,001
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company's philosophy in setting its compensation policies for executive officers is to maximize stockholder value over time. The executive compensation programs and practices of the Company also are designed to, among other things: attract and retain highly qualified executive officers by offering overall compensation that is competitive with that offered for comparable positions in comparable companies in the technology industry; motivate executive officers to achieve the Company's business objectives through the use of an annual cash incentive compensation plan based on performance metrics tied to those objectives; reward achievement of the Company's short-term and long-term goals; align the interests of executive officers with the long-term interests of stockholders through executive participation in equity-based compensation plans, and by making a significant amount of compensation dependent upon the achievement of business objectives; and set compensation that is fair and reasonable and that discourages executives from exposing the Company to excessive risk.

CEO STI target (% of salary)100%
CEO LTI target (% of salary)
Independent consultantCompensia
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-076,389,05975,108130,35098.84%Passed
20232023-05-184,497,57470,21447,02198.46%Passed
20202020-04-242,293,762191,57561,04890.08%Passed
20172017-04-2616,783,807423,546579,24194.36%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-0798.84%a
20232023-05-1898.46%b
20202020-04-2490.08%c

a. Approved under the standard stated in the filing — “An abstention will not be counted toward the approval of executive compensation, and the effect of an abstention is the same as a vote against the approval.”.

b. Approved under the standard stated in the filing — “An abstention will not be counted toward the approval of executive compensation, and the effect of an abstention is the same as a vote against the approval.”.

c. Approved under the standard stated in the filing — “Abstentions will have the effect of a vote against the proposal and broker non-votes will have no effect.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)
CEO total compensation
Median employee compensation
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Michael R. FareseIndependent · Board Chair · Audit · Nominating/Governance · Compensation$67,101$63,101$0$0$130,202
Gary H. TaussIndependent · Audit · Compensation (Chair)46,05625,6530071,709
Andrew J. PeaseIndependent · Nominating/Governance (Chair) · Compensation43,04625,6530068,699
Joyce KimIndependent · Audit · Nominating/Governance40,79625,6530066,449
Ron SheltonIndependent · Audit (Chair) · Nominating/Governance · Newly elected29,75025,6530055,403
Christine RussellIndependent · Audit · Departed during FY19,7680019,768
Brian C. FaithEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$40,000
Annual equity retainer$25,653
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)25,250 / 25,250
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$246,517
Equity awards (grant-date value)$165,713
All other compensation$0
Total cost of the board$412,230

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Quicklogic names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

SonoTek (SONO) Atomera (ATOM) Identiv (INVE) CVD Equipment (CVV) InTest (INTT) Network-1 Technologies (NTIP) Evolv Technologies Holdings (EVLV) Kopin (KOPN) Blaize Holdings (BZAI) AXT (AXTI)41 Everspin Technologies (MRAM) BK Technologies (BKTI) Pixelworks (PXLW) Turtlebeach (HEAR) NVE (NVEC) GSI Technologies (GSIT)42 AEHR Test Systems (AEHR) Skywater Technology (SKYT) Interlink Electronics (LINK)

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Quicklogic.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1SonoTek2025Tom Conrad$1,225,000$6,073,193$0$227,161$8,275,354
2Blaize Holdings2024Dinakar Munagala595,83303,798,42804,394,285
3AEHR Test Systems2025Gayn Erickson473,6542,655,0010245,6773,426,204
4Everspin Technologies2025Sanjeev Aggarwal450,0001,584,0000551,4542,586,384
5Kopin2025Michael Murray506,191600,692575,990463,3742,257,423
6Identiv2024Kirsten Newquist284,8721,674,000075,0002,101,455
7GSI Technologies2026Lee-Lean Shu302,33901,639,50047,9311,989,770
8Skywater Technology2025Thomas Sonderman559,128551,189551,19001,675,311
9AXT2025Morris Young479,000983,4820172,9001,673,404
10Quicklogic2025Brian Faith468,000377,495001,196,495
11InTest2025Richard Grant428,915400,003210,65554,6871,099,010
12Pixelworks2025Todd DeBonis473,025436,56200909,587
13Network-1 Technologies2025Corey Horowitz579,390000733,390
Atomeranot in coverage universe
CVD Equipmentnot in coverage universe
Evolv Technologies Holdingsnot in coverage universe
BK Technologiesnot in coverage universe
Turtlebeachnot in coverage universe
NVEnot in coverage universe
Interlink Electronicsnot in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Quicklogic75%RSU 100not disclosedCompensia
AEHR Test Systemsnot disclosedRSU 100Nonot disclosed
Atomeranot disclosednot disclosednot disclosednot disclosed
AXTnot disclosedRSU 100not disclosedCompensia
BK Technologiesnot disclosednot disclosednot disclosednot disclosed
Blaize Holdingsnot disclosednot disclosednot disclosednot disclosed
CVD Equipmentnot disclosednot disclosednot disclosednot disclosed
Everspin Technologies122.5%RSU 100not disclosednot disclosed
Evolv Technologies Holdingsnot disclosednot disclosednot disclosednot disclosed
GSI Technologies17.4%Options 100not disclosedCompensia, Inc.
Identivnot disclosednot disclosedNonot disclosed
Interlink Electronicsnot disclosednot disclosednot disclosednot disclosed
InTest15%not disclosedNoRadford
Kopinnot disclosednot disclosedNoAon plc (Human Capital Solutions practice)
Network-1 Technologiesnot disclosedRSU 100not disclosednot disclosed
NVEnot disclosednot disclosednot disclosednot disclosed
Pixelworksnot disclosednot disclosedYes — TSR relative to Peer Groupnot disclosed
Skywater Technologynot disclosedRSU 50 · Options 50not disclosedWillis Towers Watson
SonoTek91.4%PSU 50 · RSU 50Yes — Relative TSRCompensation Advisory Partners
Turtlebeachnot disclosednot disclosednot disclosednot disclosed

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Brian FaithDEF 14A2026-03-270001437749-26-010092Section “2025 Summary Compensation Table” · page 25. As printed: 1,196,495. Filing ↗machine: span 283569–283578
2Section 01, Elias NaderDEF 14A2026-03-270001437749-26-010092Section “2025 Summary Compensation Table” · page 25. As printed: 742,107. Filing ↗machine: span 297749–297756
3Section 01, Timothy SaxeDEF 14A2026-03-270001437749-26-010092Section “2025 Summary Compensation Table” · page 25. As printed: 666,879. Filing ↗machine: span 311681–311688
4Section 03, Timothy Saxe RSUDEF 14A2026-03-270001437749-26-010092Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t61 · r7 · c29 · span 356043–356049
5Section 03, Brian Faith RSUDEF 14A2026-03-270001437749-26-010092Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t61 · r3 · c29 · span 337447–337454
6Section 03, Elias Nader RSUDEF 14A2026-03-270001437749-26-010092Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t61 · r5 · c29 · span 346745–346751
7Section 07, pay ratio10-K2026-03-270001437749-26-010089Section “CEO Pay Ratio”. As printed: —. Filing ↗
8Section 08, Michael R. FareseDEF 14A2026-03-270001437749-26-010092Section “Director Compensation”. As printed: 130,202. Filing ↗machine: t91 · r1 · c15 · span 514526–514533
9Section 08, Gary H. TaussDEF 14A2026-03-270001437749-26-010092Section “Director Compensation”. As printed: 71,709. Filing ↗machine: t91 · r5 · c15 · span 524019–524025
10Section 08, Andrew J. PeaseDEF 14A2026-03-270001437749-26-010092Section “Director Compensation”. As printed: 68,699. Filing ↗machine: t91 · r3 · c15 · span 519267–519273
11Section 08, Joyce KimDEF 14A2026-03-270001437749-26-010092Section “Director Compensation”. As printed: 66,449. Filing ↗machine: t91 · r2 · c15 · span 516894–516900
12Section 08, Ron SheltonDEF 14A2026-03-270001437749-26-010092Section “Director Compensation”. As printed: 55,403. Filing ↗machine: t91 · r6 · c15 · span 526520–526526
13Section 08, Christine RussellDEF 14A2026-03-270001437749-26-010092Section “Director Compensation”. As printed: 19,768. Filing ↗machine: t91 · r4 · c3 · span 520105–520111
14Section 08, Brian C. FaithDEF 14A2026-03-270001437749-26-010092Section “Director Compensation”. As printed: 0. Filing ↗
15Section 02, Michael R. Farese 2026-04-06Form 42026-04-070001172508-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
16Section 02, Michael R. Farese 2026-04-14Form 42026-04-140001172508-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
17Section 02, Gary H. Tauss 2026-05-18Form 42026-05-180001261838-26-000001Insider equity transaction reported since the proxy statement. Filing ↗
18Section 02, Brian C. Faith 2026-05-20Form 42026-05-210001518884-26-000001Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, Joyce Kim 2026-05-20Form 42026-05-210001901839-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Brian C. Faith 2026-05-20Form 42026-05-210001518884-26-000001Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Brian C. Faith 2026-05-20Form 42026-05-210001518884-26-000001Insider equity transaction reported since the proxy statement. Filing ↗
22Section 06, 2026 voteForm 8-K2026-05-120001437749-26-016456Item 5.07 · say-on-pay result. As reported: 98.84% (votes for as printed: 6,389,059). Filing ↗
23Section 06, 2023 voteForm 8-K2023-05-180001437749-23-015143Item 5.07 · say-on-pay result. As reported: 98.46% (votes for as printed: 4,497,574). Filing ↗
24Section 06, 2020 voteForm 8-K2020-04-240001564590-20-018555Item 5.07 · say-on-pay result. As reported: 90.08%. Filing ↗
25Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
26Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
27Section 09b board cost (computed)ComputedcomputedCash 246,517 + equity 165,713 + all other 0 = 412,230, summed across the director compensation table rows.machine: formula: Σ = 412,230
28SonoTek, Section 10b CEO totalDEF 14A2026-01-220001314727-26-000021CEO total compensation as printed in SonoTek's own proxy. As printed: 8,275,354. Filing ↗machine: r2 · c48 · span 699019–699028
29Blaize Holdings, Section 10b CEO totalDEF 14A2025-10-200001193125-25-243771CEO total compensation as printed in Blaize Holdings's own proxy. As printed: 4,394,285. Filing ↗machine: r2 · c29 · span 203219–203228
30AEHR Test Systems, Section 10b CEO totalDEF 14A2025-09-100001654954-25-010620CEO total compensation as printed in AEHR Test Systems's own proxy. As printed: 3,426,204. Filing ↗machine: r3 · c24 · span 428708–428717
31Everspin Technologies, Section 10b CEO totalDEF 14A2026-04-070001628280-26-024076CEO total compensation as printed in Everspin Technologies's own proxy. As printed: 2,586,384. Filing ↗machine: span 337469–337478
32Kopin, Section 10b CEO totalDEF 14A2026-04-220001493152-26-018400CEO total compensation as printed in Kopin's own proxy. As printed: 2,257,423. Filing ↗machine: span 438656–438665
33Identiv, Section 10b CEO totalDEF 14A2025-04-300000950170-25-061183CEO total compensation as printed in Identiv's own proxy. As printed: 2,101,455. Filing ↗machine: r2 · c27 · span 593480–593489
34GSI Technologies, Section 10b CEO totalDEF 14A2026-07-160001104659-26-084241CEO total compensation as printed in GSI Technologies's own proxy. As printed: 1,989,770. Filing ↗machine: r1 · c35 · span 406094–406103
35Skywater Technology, Section 10b CEO totalDEF 14A2026-04-270001140361-26-016806CEO total compensation as printed in Skywater Technology's own proxy. As printed: 1,675,311. Filing ↗machine: r2 · c24 · span 268855–268864
36AXT, Section 10b CEO totalDEF 14A2026-03-310001437749-26-010661CEO total compensation as printed in AXT's own proxy. As printed: 1,673,404. Filing ↗machine: r6 · c28 · span 442207–442216
37Quicklogic (subject), Section 10b CEO totalDEF 14A2026-03-270001437749-26-010092CEO total compensation as printed in Quicklogic's own proxy. As printed: 1,196,495. Filing ↗machine: span 283569–283578
38InTest, Section 10b CEO totalDEF 14A2026-04-280001036262-26-000024CEO total compensation as printed in InTest's own proxy. As printed: 1,099,010. Filing ↗machine: t46 · r2 · c22 · span 384281–384290
39Pixelworks, Section 10b CEO totalDEF 14A2026-04-170001040161-26-000024CEO total compensation as printed in Pixelworks's own proxy. As printed: 909,587. Filing ↗machine: span 418195–418202
40Network-1 Technologies, Section 10b CEO totalDEF 14A2026-07-230001072613-26-000590CEO total compensation as printed in Network-1 Technologies's own proxy. As printed: 733,390. Filing ↗machine: t71 · r1 · c22 · span 192950–192957
41Section 10a, AXT reciprocityDEF 14A0001437749-26-010661AXT's most recent proxy was read; its disclosed peer group does not include Quicklogic. Filing ↗
42Section 10a, GSI Technologies reciprocityDEF 14A0001104659-26-084241GSI Technologies names Quicklogic in its own disclosed peer group (read from its most recent proxy). Filing ↗