STOCK TITAN

GSI Technology (GSIT) files for sale of 40,000 shares via option exercise

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

GSI Technology, Inc. filed a notice under Rule 144 to sell 40,000 shares of Common Stock.

The filing states the method as Option Exercise & Sale on 05/12/2026 with Citigroup Global Markets, Inc. listed as the broker. The excerpt also shows prior dispositions by Patrick T. Chuang of 20,000 shares on 03/02/2026 for $67,310 and 40,000 shares on 03/13/2026 for $342,440.

Positive

  • None.

Negative

  • None.

Insights

Rule 144 notice for an option exercise and sale of 40,000 shares.

The filing lists an Option Exercise & Sale on 05/12/2026 with Citigroup Global Markets, Inc. as the intermediary. This is a regulatory notice of proposed resale under Rule 144 rather than a completed disclosure of proceeds treatment.

Timing and cash‑flow specifics beyond the broker name are not provided in the excerpt; subsequent SEC filings or broker confirmations would show settlement details.

Proposed sale 40,000 shares Option Exercise & Sale on <date>05/12/2026</date>
Aggregate amount listed $480,000.00 Amount shown alongside 40,000 in securities table (05/12/2026)
Shares outstanding (context) 36,186,203 shares Listed with date <date>05/12/2026</date>
Prior disposition 20,000 shares Sold on <date>03/02/2026</date> for <money>$67,310</money>
Prior disposition 40,000 shares Sold on <date>03/13/2026</date> for <money>$342,440</money>
Form 144 regulatory
"144: Securities To Be Sold | Common Stock | 05/12/2026"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Rule 144 regulatory
"filed a notice under Rule 144 to sell 40,000 shares"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Option Exercise & Sale market
"Securities To Be Sold ... Option Exercise & Sale | GSI Technology, Inc."
Citigroup Global Markets, Inc. other
"Citigroup Global Markets, Inc. 390 Greenwich St. New York NY 10013"

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does GSI Technology's (GSIT) Form 144 report show?

It reports a proposed sale of 40,000 shares via an Option Exercise & Sale on 05/12/2026. The filing names Citigroup Global Markets, Inc. as the broker and lists prior March dispositions by Patrick T. Chuang.

Who is the broker named in the GSIT Form 144?

The broker listed is Citigroup Global Markets, Inc. at 390 Greenwich St., New York. The broker is identified in the transaction line tied to the 05/12/2026 option exercise and sale.

How many shares did Patrick T. Chuang sell earlier in 2026 according to the excerpt?

The excerpt shows Patrick T. Chuang disposed of 20,000 shares on 03/02/2026 and 40,000 shares on 03/13/2026. Reported cash amounts were $67,310 and $342,440, respectively.

Does the Form 144 excerpt state proceeds will go to the issuer (GSIT)?

No cash‑flow recipient is specified in the provided excerpt. The entry lists the sale as Option Exercise & Sale with method 'Cash', but proceeds attribution is not detailed in the excerpt.

When is the proposed sale dated in the GSIT excerpt?

The proposed sale via option exercise is dated 05/12/2026. The selling activity line and the securities table both reference that date for the 40,000‑share sale.