GSI Technology (GSIT) awards CFO Douglas Schirle 40,000 stock options at $6.76

Rhea-AI Filing Summary

GSI Technology Inc. reported that its CFO, Douglas M. Schirle, received a grant of stock options. The award covers 40,000 stock options to purchase Common Stock at an exercise price of $6.76 per share, expiring on August 13, 2036. Subject to his continued service, the options vest and become 100% exercisable on June 3, 2030, after which he will be able to buy up to 40,000 shares at the fixed exercise price.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Schirle Douglas M.

Role CFO

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (right to buy) F1	40,000	$0.00	$0.00

Holdings After Transaction: Stock Option (right to buy) — 40,000 shares (Direct)

Footnotes (1)

1. F1. Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes 100% exercisable on June 3, 2030.

Key Figures

Options Granted: 40,000 options Exercise Price: $6.76 per share Vesting Date: June 3, 2030 +2 more

5 metrics

Options Granted 40,000 options Stock Option (right to buy) grant to CFO on 2026-08-13

Exercise Price $6.76 per share Conversion or exercise price of granted stock options

Vesting Date June 3, 2030 Options vest and become 100% exercisable on this date

Expiration Date August 13, 2036 Expiration of the stock options if not exercised

Options Held After Transaction 40,000 options Total derivative securities following the grant

Key Terms

Stock Option (right to buy), exercise price, vesting, expiration date

4 terms

Stock Option (right to buy) financial

"security_title: Stock Option (right to buy)"

exercise price financial

"conversion or exercise price of $6.7600 per share"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

vesting financial

"the option vests and becomes 100% exercisable on June 3, 2030"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

expiration date financial

"expiration date of August 13, 2036 for the option"

The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

FAQ

What did GSI Technology (GSIT) disclose in this Form 4 for its CFO?

GSI Technology disclosed that CFO Douglas M. Schirle received a grant of 40,000 stock options to buy Common Stock at $6.76 per share, vesting fully on June 3, 2030 and expiring on August 13, 2036.

How many stock options were granted to the CFO of GSI Technology (GSIT)?

The CFO was granted 40,000 stock options. These options give him the right to purchase up to 40,000 shares of GSI Technology Common Stock once they vest, at a fixed exercise price of $6.76 per share before expiration.

What is the exercise price of the new stock options reported by GSIT?

The exercise price of the new options is $6.76 per share. This is the fixed price at which the CFO can buy GSI Technology Common Stock once the 40,000 options vest and before they expire in 2036.

When do the GSI Technology (GSIT) CFO’s options vest and become exercisable?

The options vest and become 100% exercisable on June 3, 2030, subject to the CFO’s continued service. After that vesting date, he may exercise up to 40,000 options at the exercise price of $6.76 per share until expiration.

What is the expiration date of the GSIT stock options granted to the CFO?

The granted stock options expire on August 13, 2036. If the CFO does not exercise the 40,000 options by that date, his right to buy GSI Technology Common Stock at $6.76 per share will lapse.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/14/2026 - 06:14 PM Accepted by SEC EDGAR 08/14/2026 - 06:13 PM Learn about SEC filing dates

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^*

Schirle Douglas M.

(Last) (First) (Middle)

C/O GSI TECHNOLOGY, INC.

1213 ELKO DRIVE

(Street)

SUNNYVALE 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			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)	$6.76	08/13/2026		A		40,000		06/03/2030(1)	08/13/2036	Common Stock	40,000	$0	40,000	D

Explanation of Responses:

1. Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes 100% exercisable on June 3, 2030.

	/s/ Douglas Schirle	08/14/2026
	** 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.
* Form 4: SEC 1474 (03-26)