STOCK TITAN

GSI Technology (GSIT) awards 40,000 stock options to Senior VP Patrick Chuang

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Form Type
4

Rhea-AI Filing Summary

GSI Technology Inc. reported that Senior VP, Memory Design Patrick T. Chuang received a grant of stock options on August 13, 2026. 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 option vests and becomes 100% exercisable on June 2, 2030, after which the options may be exercised. Following this grant, Chuang holds 40,000 derivative securities directly.

Positive

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Negative

  • None.
Insider Chuang Patrick T.
Role Senior VP, Memory Design
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 2, 2030.
Options Granted 40,000 shares Stock Option (right to buy) grant on August 13, 2026
Exercise Price $6.76 per share Conversion or exercise price of the stock options
Expiration Date August 13, 2036 Expiration date of the granted stock options
Vesting Date June 2, 2030 Options vest and become 100% exercisable on this date
Holdings After Transaction 40,000 derivative securities Total stock options directly held by Chuang after grant
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
exercise price financial
"conversion_or_exercise_price: 6.7600"
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 2, 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.

FAQ

What did GSIT executive Patrick T. Chuang report in this Form 4?

Patrick T. Chuang reported a grant of 40,000 stock options for GSI Technology Inc. common stock, with an exercise price of $6.76 per share, expiring on August 13, 2036.

When do Patrick T. Chuang’s new GSIT stock options vest?

The stock options vest and become 100% exercisable on June 2, 2030, provided Chuang continues his service with GSI Technology Inc. until that date, according to the reported vesting condition.

What is the exercise price of the GSIT stock options granted to Patrick T. Chuang?

The stock options granted to Patrick T. Chuang have an exercise price of $6.76 per share, allowing him to purchase GSI Technology Inc. common stock at that price once vested.

How many GSIT derivative securities does Patrick T. Chuang hold after this transaction?

After this grant, Patrick T. Chuang directly holds 40,000 derivative securities in the form of stock options linked to GSI Technology Inc. common stock, as reported in the Form 4.

What type of transaction was reported for GSIT in this Form 4?

The Form 4 reports a grant/award acquisition of stock options, coded as transaction type “A”, rather than a market purchase or sale of GSI Technology Inc. common shares.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Senior VP, Memory Design
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy)$6.7608/13/2026A40,00006/02/2030(1)08/13/2036Common Stock40,000$040,000D
Explanation of Responses:
1. Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes 100% exercisable on June 2, 2030.
/s/ Douglas Schirle, Attorney-in-Fact08/14/2026
** Signature of Reporting PersonDate
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)