CEO Brian C Faith sold 41,480 shares of QUIK at $20.45 for $848,091.78, reducing holdings by 15.4% as stock rises 64.6% in 30 days amid -31.5% revenue decline.
CEO Brian C Faith sold 41,480 shares (41.5K shares) at $20.45 on 2026-05-20 for total value $848,091.78 ($848.1K), reducing his holdings from 269,892 shares to 228,412 shares, a -15.4% net reduction. This sale occurs as QUIK stock has surged 64.6% over the prior 30 days and 148.7% over 90 days, yet remains 11.1% below its 52-week high of $22.69. The underlying fundamentals present a contrasting picture: the company reported quarterly revenue of $5,051,000.00 ($5.1M) alongside net income of $-2,206,000.00 ($-2.2M), with annual revenue declining 31.5% year-over-year and the company unprofitable over its most recent full fiscal year. Faith's cross-ticker track record shows only 1 prior buy with no measurable timing outcomes at this ticker, limiting visibility into his historical pattern of execution on sales. The sale's significance is elevated by the magnitude of the reduction (15.4% of pre-transaction holdings) and the apparent disconnect between strong recent price momentum and deteriorating business fundamentals.