GSI Technology (NASDAQ: GSIT) grants 20,000 options to senior VP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GSI Technology reported a new stock option grant to Senior VP of Memory Design, Patrick T. Chuang. On February 2, 2026, he received an option to buy 20,000 shares of common stock at an exercise price of $7.23 per share.
Subject to his continued service at the company, the option becomes fully exercisable on December 1, 2026 and expires on February 2, 2036. After this grant, he beneficially holds 20,000 derivative securities directly through this option award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CHUANG PATRICK T
Role
Senior VP, Memory Design
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 20,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 20,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did GSI Technology (GSIT) report for Patrick T. Chuang?
GSI Technology reported a stock option grant to Senior VP Patrick T. Chuang. He received options on 20,000 shares of common stock at a $7.23 exercise price, dated February 2, 2026, as disclosed in a Form 4 filing.
How many GSI Technology (GSIT) stock options were granted in this Form 4?
The Form 4 shows a grant of stock options on 20,000 shares of GSI Technology common stock. These derivative securities are beneficially owned directly by Patrick T. Chuang following the reported transaction on February 2, 2026.
What is the exercise price and term of the new GSIT stock options?
The stock options have an exercise price of $7.23 per share and expire on February 2, 2036. They give Patrick T. Chuang the right to buy 20,000 GSI Technology common shares at that fixed price during the option term.
When do Patrick T. Chuang’s new GSI Technology (GSIT) options vest?
The options vest and become 100% exercisable on December 1, 2026, subject to his continued service with GSI Technology. Until that vesting date, the grant remains unexercisable, functioning as a future incentive tied to ongoing employment.
Is the GSIT stock option grant to Patrick T. Chuang direct or indirect ownership?
The Form 4 indicates that the 20,000 stock options are held as direct ownership. The ownership form is marked "D" for direct, and no footnotes describe any trust, partnership, or other entity holding the derivative securities on his behalf.
What position does Patrick T. Chuang hold at GSI Technology (GSIT) in this filing?
Patrick T. Chuang is identified as an officer of GSI Technology with the title "Senior VP, Memory Design." The Form 4 clarifies he is not a director or 10% owner, but is an executive receiving this option award.