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