STOCK TITAN

GSI Technology (GSIT) VP sells 11,763 shares at $10.80 each

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

GSI Technology VP, U.S. Operations Ping Tak Wu reported an open-market sale of 11,763 shares of Common Stock at $10.80 per share. The transaction on May 12, 2026 reduced his directly held stake to 147,647 shares.

The filing also notes a holding entry reflecting Employee Stock Purchase Plan allocations and dispositions since his prior ownership report, providing updated context for his overall position.

Positive

  • None.

Negative

  • None.
Insider Wu Ping Tak
Role VP, U.S. Operations
Sold 11,763 shs ($127K)
Type Security Shares Price Value
Sale Common Stock 11,763 $10.80 $127K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 147,647 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 11,763 shares Open-market sale on May 12, 2026
Sale price $10.80 per share Price for the 11,763 shares sold
Shares after transaction 147,647 shares Directly owned following the sale
Net share change 11,763 shares Net-sell shares from transaction summary
open-market sale financial
"transaction_action": "open-market sale""
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.
Employee Stock Purchase Plan financial
"Reflects ESPP allocations and dispositions that have occurred"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Form 4 regulatory
"The sale occurred on May 12, 2026 at $10.80 per share and was classified as an open-market or private transaction, reported in the Form 4 filing."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Wu Ping Tak

(Last)(First)(Middle)
GSI TECHNOLOGY, INC.
1213 ELKO DRIVE

(Street)
SANTA CLARA CALIFORNIA 94089

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
GSI TECHNOLOGY INC [ GSIT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP, U.S. Operations
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock159,410(1)D
Common Stock05/12/2026S11,763D$10.8147,647D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reflects ESPP allocations and dispositions that have occurred since the date of the reporting person's last ownership report.
/s/Ping Tak Wu, By Douglas Schirle, Attorney -in-Fact05/14/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did GSI Technology (GSIT) report for Ping Tak Wu?

GSI Technology reported that VP, U.S. Operations Ping Tak Wu sold 11,763 shares of Common Stock. The sale occurred on May 12, 2026 at $10.80 per share and was classified as an open-market or private transaction.

At what price were the GSI Technology (GSIT) shares sold by Ping Tak Wu?

The 11,763 GSI Technology shares sold by Ping Tak Wu were transacted at $10.80 per share. This price is disclosed as the transaction price per share for the open-market sale reported in the Form 4 filing.

How many GSI Technology (GSIT) shares does Ping Tak Wu hold after the sale?

After the reported sale, Ping Tak Wu directly holds 147,647 shares of GSI Technology Common Stock. This post-transaction ownership figure is explicitly listed in the Form 4 as his total shares following the transaction.

What role does Ping Tak Wu hold at GSI Technology (GSIT)?

Ping Tak Wu serves as Vice President, U.S. Operations at GSI Technology. His officer status and title are disclosed in the Form 4, which associates the reported Common Stock sale with this executive position.

What does the ESPP footnote mean in the GSI Technology (GSIT) Form 4?

The footnote explains that the holding entry reflects Employee Stock Purchase Plan allocations and dispositions since his last ownership report. It indicates ongoing ESPP-related share activity that is incorporated into the updated ownership figures reported in the filing.