STOCK TITAN

GSI Technology (GSIT) affiliate to sell 20,000 shares via option exercise

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

Rhea-AI Filing Summary

GSI Technology Inc. filed a Form 144 notice regarding proposed sales by an affiliate. The filing lists a Stock Option Exercise & Sale of 20,000 shares to occur on 06/01/2026. The filing also records prior sales by Bor‑Tay Wu: 40,000 shares on 03/10/2026 for $346,544 and 40,000 shares on 05/22/2026 for $437,358.

The entry names Citigroup Global Markets, Inc. as the broker and indicates cash proceeds from the June transaction. This is a routine affiliate resale notice under Form 144 and shows transaction dates and amounts as listed.

Positive

  • None.

Negative

  • None.

Insights

Routine Form 144 resale notice; documents planned option exercise and recent affiliate sales.

The filing reports a Stock Option Exercise & Sale of 20,000 shares on 06/01/2026 using Citigroup Global Markets, Inc. as broker. It also records two prior dispositions by Bor‑Tay Wu of 40,000 shares each on 03/10/2026 and 05/22/2026 with proceeds shown.

Form 144s are notices required when affiliates propose to sell; the filing lists mechanics and cash treatment. Subsequent filings (Form 4 or a broker confirmation) would show completion and final proceeds.

Proposed resale 20,000 shares Stock Option Exercise & Sale on 06/01/2026
Prior sale 40,000 shares Disposition on 03/10/2026 for $346,544
Prior sale 40,000 shares Disposition on 05/22/2026 for $437,358
Broker Citigroup Global Markets, Inc. Listed broker for the 06/01/2026 transaction
Form 144 regulatory
"144: Securities To Be Sold"
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.
Stock Option Exercise & Sale financial
"Common Stock | 06/01/2026 | Stock Option Exercise & Sale"
Cash financial
"20000 | 06/01/2026 | Cash"
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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 the GSIT Form 144 say about the June 1, 2026 transaction?

The Form 144 lists a Stock Option Exercise & Sale of 20,000 shares scheduled for 06/01/2026. The filing shows Citigroup Global Markets, Inc. as the broker and indicates the transaction will be for cash proceeds.

Who is the selling party named in the GSIT Form 144?

The filing names an affiliate, Bor‑Tay Wu, in connection with recent and proposed sales. The document records prior sales by this party on 03/10/2026 and 05/22/2026.

What prior sales in the past three months are reported in the filing?

The filing reports two prior dispositions by Bor‑Tay Wu: 40,000 shares on 03/10/2026 for $346,544 and 40,000 shares on 05/22/2026 for $437,358. These amounts appear in the selling activity section.

Which broker is listed for the proposed sale in the GSIT Form 144?

The broker named is Citigroup Global Markets, Inc. with an address at 390 Greenwich St, New York, NY. The broker is listed alongside the June 06/01/2026 transaction.

Does the Form 144 specify how the proceeds will be treated?

The June transaction entry is labeled as a Stock Option Exercise & Sale and shows Cash as the consideration. The filing lists amounts for prior sales but does not state any use of proceeds.