GSI Technology (NASDAQ: GSIT) VP unloads 40K shares after option move

Rhea-AI Filing Summary

GSI Technology VP, Taiwan Operations Bor-Tay Wu executed a routine option-related trade in company stock. He exercised options to acquire 40,000 shares of Common Stock at $4.99 per share, then sold 40,000 shares in open-market transactions at a weighted average price of $8.6636 per share. Following these transactions, he directly holds 912,500 shares of GSI Technology common stock. The option position for 40,000 underlying shares was fully eliminated, with no remaining derivative holdings reported in this filing.

Insider Trade Summary

Net Seller: 80,000 shares ($346,544)

Net Sell 3 txns

Insider Wu Bor-Tay

Role VP, Taiwan Operations

Sold 80,000 shs ($347K)

Type	Security	Shares	Price	Value
Sale	Stock Option (right to buy)	40,000	$0.00	--
Exercise	Common Stock	40,000	$4.99	$200K
Sale	Common Stock	40,000	$8.6636	$347K

Holdings After Transaction: Stock Option (right to buy) — 0 shares (Direct); Common Stock — 952,500 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Wu Bor-Tay

(Last) (First) (Middle)

GSI TECHNOLOGY, INC.

6F-1, NO. 30, TAI-YUAN STREET

(Street)

CHU PEI CITY F5 30288

(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)
	VP, Taiwan Operations

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

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
Common Stock	03/10/2026		M		40,000	A	$4.99	952,500	D
Common Stock	03/10/2026		S		40,000	D	$8.6636(1)	912,500	D

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)	$4.99	03/10/2026		S		40,000		04/13/2020	08/01/2026	Common Stock	40,000	$0	0	D

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.60 to $8.785, 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 (1) to this Form 4.

	/s/ Douglas Schirle, Attorney-in-Fact	03/10/2026
	** 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 Bor-Tay Wu?

GSI Technology reported that VP Bor-Tay Wu exercised and sold shares. He exercised options to acquire 40,000 common shares at $4.99, then sold 40,000 shares in open-market trades at a weighted average price of $8.6636 per share.

How many GSI Technology shares did Bor-Tay Wu sell and at what price?

Bor-Tay Wu sold 40,000 GSI Technology common shares. The sale occurred in multiple open-market transactions at a weighted average price of $8.6636 per share, with individual trade prices ranging from $8.60 to $8.785, as disclosed in the footnote.

What options did Bor-Tay Wu exercise in this GSI Technology Form 4?

Wu exercised stock options covering 40,000 shares of GSI Technology common stock. These options had an exercise price of $4.99 per share and were originally scheduled to expire on August 1, 2026, before being fully exercised and eliminated in this transaction.

How many GSI Technology shares does Bor-Tay Wu hold after this transaction?

After the reported transactions, Bor-Tay Wu directly holds 912,500 shares. This figure reflects his remaining position in GSI Technology common stock following the 40,000-share option exercise and corresponding 40,000-share open-market sale on the same date.

Was Bor-Tay Wu’s GSI Technology stock sale done in multiple trades?

Yes, the 40,000-share sale was executed in multiple trades. The filing notes a weighted average sale price of $8.6636 per share, with individual transactions completed at prices between $8.60 and $8.785, and offers to provide detailed trade breakdowns upon request.

Does Bor-Tay Wu still hold any GSI Technology stock options after this Form 4?

No remaining options are shown for this specific grant. The filing indicates the stock option covering 40,000 underlying shares now has zero derivative shares following the transaction, and the derivative holdings summary shows no remaining derivative positions.