Insider sale: GSI Technology (NASDAQ: GSIT) plans 36,517-share option sale
Rhea-AI Filing Summary
GSI Technology Inc. reported a planned sale of 36,517 shares of Common Stock on 03/17/2026 via a stock options exercise and sale. The filing also records a prior sale by Lee-Land Shu of 30,734 shares on 03/16/2026 with an amount shown as 308,034.00.
The Form 144 lists Citigroup Global Markets, Inc. as the broker and indicates cash as the transaction consideration. Timing and cash‑flow details beyond the dates and amounts shown are limited to the excerpt.
Positive
- None.
Negative
- None.
Insights
Routine Rule 144 sale following option exercise; disclosure-focused, not transformative.
The filing documents a planned sale of 36,517 shares on 03/17/2026
by way of a stock options exercise and sale, with a prior reported sale of 30,734 shares on 03/16/2026
Practical dependencies include broker involvement (Citigroup Global Markets) and cash consideration; timing and complete proceeds allocations are not provided in the excerpt. Subsequent filings may show settlement details and any tax‑withholding mechanics.
FAQ
What does GSI Technology's Form 144 filed for 03/17/2026 disclose?
Who sold shares on 03/16/2026 according to the excerpt?
What transaction method is listed for the 03/17/2026 sale in GSIT's filing?
Which broker is indicated in the Form 144 excerpt for these GSIT transactions?
Does the excerpt specify total proceeds the issuer will receive from the sale?