GSI Technology (NASDAQ: GSIT) files Form 144 for 143,062-share resale
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
GSI Technology, Inc. reported a Form 144 notice for proposed sales of Common Stock related to option exercises and subsequent sale on 05/11/2026. The filing lists transactions processed through Citigroup Global Markets, Inc., and prior sales by Shu Lee-Lean on 03/16/2026 and 03/17/2026.
Positive
- None.
Negative
- None.
Key Figures
Proposed shares listed: 143,062 shares
Prior sale — 03/16/2026: 30,734 shares
Prior sale — 03/17/2026: 36,517 shares
+1 more
4 metrics
Proposed shares listed
143,062 shares
Form 144 entry dated 05/11/2026
Prior sale — 03/16/2026
30,734 shares
Shu Lee-Lean sale on 03/16/2026; proceeds listed as $308,036.00
Prior sale — 03/17/2026
36,517 shares
Shu Lee-Lean sale on 03/17/2026; proceeds listed as $365,595.00
Broker-dealer
Citigroup Global Markets, Inc.
Listed at 390 Greenwich St, New York, NY
Key Terms
Form 144, Option Exercise & Sale, Broker-Dealer
3 terms
Form 144 regulatory
"Form 144 notice for proposed sales of Common Stock"
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.
Option Exercise & Sale financial
"05/11/2026 | Option Exercise & Sale | GSI Technology, Inc."
Broker-Dealer financial
"Citigroup Global Markets, Inc 390 Greenwich St New York NY"
A broker-dealer is a licensed firm or individual that both executes trades on behalf of clients (acting as a broker) and buys or sells securities for its own account (acting as a dealer). Investors care because broker-dealers provide the plumbing of markets — they place orders, hold or move cash and securities, offer research or advice, and their stability and fees directly affect trade execution, costs, and the safety of client funds; think of them as a combined travel agent and taxi for your investments.
FAQ
What does GSI Technology (GSIT) Form 144 mean?
A Form 144 notifies the SEC of a proposed sale of restricted or control securities. It signals that shares tied to option exercises or restricted holdings are being registered for resale; this filing lists transactions processed on 05/11/2026 through a broker-dealer.
Who processed the sales reported in the GSIT Form 144?
Citigroup Global Markets, Inc. is listed as the broker-dealer handling the transaction. The filing names Citigroup at 390 Greenwich St, New York, and indicates the sale method as cash following option exercise on 05/11/2026.
Does the Form 144 excerpt show proceeds or pricing for GSIT sales?
The excerpt provides dollar amounts tied to past sales but not an explicit sale price for the 143,062 shares. It shows proceeds for earlier sales: $308,036.00 and $365,595.00, tied to the March transactions.