STOCK TITAN

GSI Technology (NASDAQ: GSIT) grants 20,000 options to senior VP

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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Negative

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SEC Form 4
FORM 4 UNITED 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*
CHUANG PATRICK T

(Last) (First) (Middle)
C/O GSI TECHNOLOGY INC.
1213 ELKO DRIVE

(Street)
SUNNYVALE CA 94089

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GSI TECHNOLOGY INC [ GSIT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior VP, Memory Design
3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $7.23 02/02/2026 A 20,000 12/01/2026(1) 02/02/2036 Common Stock 20,000 $0 20,000 D
Explanation of Responses:
1. Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes 100% exercisable on December 1, 2026.
Patrick T. Chuang, By Douglas Schirle, Attorney -in-Fact 02/04/2026
** Signature of Reporting Person Date
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.

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.
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