GSI Technology VP sells 30,000 shares after option exercise
GSI Technology VP Ping Tak Wu reported an option exercise and share sale.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
GSI Technology VP Ping Tak Wu reported an option exercise and share sale. On May 26, 2026, Wu exercised stock options to acquire 30,000 shares of GSI Technology common stock at $4.99 per share, then sold 30,000 shares in an open-market sale at a weighted average price of $11.0132 per share.
The sale occurred in multiple trades at prices ranging from $10.84 to $11.15 per share. After these transactions, Wu directly holds 148,441 shares of GSI Technology common stock. The filing also notes updates from prior ESPP allocations and dispositions since the last ownership report.
Insider Trade Summary
Exercise and Sale: 30,000 shares ($181K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Wu Ping Tak
Role
VP, U.S. Operations
Sold
30,000 shs ($330K)
Approx. gross sale proceeds
$330K
Approx. exercise cost
$150K
Approx. pre-tax spread
$181K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 30,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 30,000 | $4.99 | $150K |
| Sale | Common Stock | 30,000 | $11.0132 | $330K |
Holdings After Transaction:
Stock Option (right to buy) — 0 contracts (Direct);
Common Stock — 148,441 shares (Direct)
Footnotes (2)
- F1. Reflects ESPP allocations and dispositions that have occurred since the date of the reporting person's last ownership report.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.84 to $11.15, inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
Key Figures
Shares sold: 30,000 shares
Weighted average sale price: $11.0132 per share
Sale price range: $10.84–$11.15 per share
+5 more
8 metrics
Shares sold
30,000 shares
Open-market sale of common stock on May 26, 2026
Weighted average sale price
$11.0132 per share
Common stock sale in multiple trades
Sale price range
$10.84–$11.15 per share
Range of individual trade prices for the 30,000 shares
Options exercised
30,000 shares
Stock options converted into common stock
Option exercise price
$4.99 per share
Conversion price for 30,000 underlying shares
Shares owned after transaction
148,441 shares
Direct ownership of common stock after exercise and sale
Option expiration date
August 1, 2026
Original expiration date of exercised stock option grant
Option first exercisable date
June 5, 2020
Date from which the stock option could be exercised
Key Terms
open-market sale, Stock Option (right to buy), weighted average price, Employee Stock Purchase Plan (ESPP)
4 terms
open-market sale financial
"Transaction code S is described as an open-market sale of common stock."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Stock Option (right to buy) financial
"A derivative transaction involves a Stock Option (right to buy) for 30,000 shares."
weighted average price financial
"The price reported is a weighted average price for multiple sale transactions."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Employee Stock Purchase Plan (ESPP) financial
"A footnote notes ESPP allocations and dispositions since the last ownership report."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GSIT executive Ping Tak Wu report?
Ping Tak Wu reported exercising options for 30,000 GSIT shares at $4.99 and selling 30,000 shares in the open market. The transactions occurred on May 26, 2026, and are disclosed in a Form 4 insider filing.
What stock options did the GSIT executive exercise in this Form 4?
Wu exercised stock options covering 30,000 GSIT shares at a $4.99 exercise price. These options were originally exercisable from June 5, 2020, and were scheduled to expire on August 1, 2026, before being fully exercised in this transaction.
Was the GSIT insider sale a single trade or multiple trades?
The sale was executed in multiple trades. The Form 4 notes a weighted average sale price of $11.0132, with individual trades executed between $10.84 and $11.15 per share. The insider offers to provide detailed trade breakdowns upon request.
Does the GSIT Form 4 mention ESPP activity for the insider?
Yes. A footnote explains the reported holdings reflect Employee Stock Purchase Plan (ESPP) allocations and dispositions since Wu’s last ownership report. This means prior ESPP activity has been incorporated into the updated share balance.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates