GSI Technology CEO sells 143,062 shares after exercise
GSI Technology Inc. president, CEO and chairman Shu Lee-Lean reported an exercise-and-sell sequence in company stock on May 11, 2026.
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Form Type
4
Rhea-AI Filing Summary
GSI Technology Inc. president, CEO and chairman Shu Lee-Lean reported an exercise-and-sell sequence in company stock on May 11, 2026. He exercised options for 143,062 shares of common stock at exercise prices of $4.99 and $7.26 per share and sold an equal number of shares in open-market transactions at weighted average prices of about $10.09, $10.51 and $12.01 per share.
Following these transactions, he holds 1,982,417 shares directly and 530,939 shares indirectly through his spouse. Footnotes state that both his sales and his spouse’s sales were carried out under pre-arranged Rule 10b5-1 trading plans.
Insider Trade Summary 10b5-1
Exercise and Sale: 143,062 shares ($699K approx. pre-tax spread)
Exercise and Sale
9 txns
Insider
Shu Lee-Lean
Role
Pres., CEO and Chairman
Sold
143,062 shs ($1.64M)
Approx. gross sale proceeds
$1.64M
Approx. exercise cost
$941K
Approx. pre-tax spread
$699K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 32,749 | $0.00 | $0.00 |
| Exercise | Stock Option (right to buy) | 100,000 | $0.00 | $0.00 |
| Exercise | Stock Option (right to buy) | 10,313 | $0.00 | $0.00 |
| Exercise | Common Stock | 32,749 | $4.99 | $163K |
| Sale | Common Stock | 32,749 | $10.0894 | $330K |
| Exercise | Common Stock | 100,000 | $7.26 | $726K |
| Sale | Common Stock | 100,000 | $12.0137 | $1.20M |
| Exercise | Common Stock | 10,313 | $4.99 | $51K |
| Sale | Common Stock | 10,313 | $10.5129 | $108K |
Holdings After Transaction:
Stock Option (right to buy) — 0 contracts (Direct);
Stock Option (right to buy) — 0 contracts (Indirect, By Spouse);
Common Stock — 1,982,417 shares (Direct);
Common Stock — 530,939 shares (Indirect, By Spouse)
Footnotes (6)
- F1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Reporting Person dated November 4, 2025.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.28, 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 (2) to this Form 4.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.00 to $12.09, 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 (3) to this Form 4.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.50 to $10.53, 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 (4) to this Form 4.
- F5. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- F6. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person's spouse dated November 4, 2025.
Key Figures
Shares sold: 143,062 shares
Options exercised: 143,062 shares
Exercise prices: $4.99 and $7.26 per share
+3 more
6 metrics
Shares sold
143,062 shares
Total common shares sold in open-market transactions on May 11, 2026
Options exercised
143,062 shares
Common shares acquired through option exercises on May 11, 2026
Exercise prices
$4.99 and $7.26 per share
Strike prices for exercised stock options
Sale prices
$10.09, $10.51, $12.01 per share
Weighted average prices for three sale blocks
Direct holdings after
1,982,417 shares
Direct common stock held by CEO after transactions
Indirect holdings after
530,939 shares
Common stock held indirectly through spouse after transactions
Key Terms
Rule 10b5-1 trading plan, weighted average price, Stock Option (right to buy), indirect, +1 more
5 terms
Rule 10b5-1 trading plan financial
"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Reporting Person dated November 4, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Stock Option (right to buy) financial
"security_title": "Stock Option (right to buy)""
indirect financial
""ownership_type": "indirect""
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did GSI Technology (GSIT) CEO Shu Lee-Lean do in this Form 4?
Shu Lee-Lean exercised stock options for 143,062 GSI Technology shares and sold the same number in open-market transactions. The activity represents an exercise-and-sell pattern, partly through indirect holdings via his spouse.
What option exercise prices were involved in the GSI Technology (GSIT) CEO’s trades?
The transactions show option exercises for 143,062 GSI Technology shares at exercise prices of $4.99 and $7.26 per share. These options had prior grant and exercise eligibility dates, with expiration dates in 2026 and 2027.
What is notable about the spouse’s GSI Technology (GSIT) transactions?
The spouse indirectly exercised options for 10,313 GSI Technology shares at a $4.99 exercise price and sold 10,313 shares at a weighted average price of $10.51. A footnote states the reporting person disclaims beneficial ownership except for any pecuniary interest.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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