GSI Technology VP sells 30K shares after option exercise
GSI Technology VP of Sales Didier Lasserre exercised and sold shares of company stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
GSI Technology VP of Sales Didier Lasserre exercised and sold shares of company stock. On May 21, 2026, he exercised stock options for 30,000 shares of common stock at an exercise price of $4.99 per share and acquired those shares.
That same day, he made an open-market sale of 30,000 common shares at a weighted average price of $9.306 per share, with individual trade prices ranging from $9.18 to $9.56. After these transactions, he directly owned 310,907 shares of GSI Technology common stock.
Insider Trade Summary
Exercise and Sale: 30,000 shares ($129K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Lasserre Didier
Role
VP, Sales
Sold
30,000 shs ($279K)
Approx. gross sale proceeds
$279K
Approx. exercise cost
$150K
Approx. pre-tax spread
$129K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 30,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 30,000 | $4.99 | $150K |
| Sale | Common Stock | 30,000 | $9.306 | $279K |
Holdings After Transaction:
Stock Option (right to buy) — 0 contracts (Direct);
Common Stock — 310,907 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.18 to $9.56, 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.
Key Figures
Shares sold: 30,000 shares
Weighted average sale price: $9.306/share
Options exercised: 30,000 shares
+3 more
6 metrics
Shares sold
30,000 shares
Open-market sale of common stock on May 21, 2026
Weighted average sale price
$9.306/share
Sale of 30,000 common shares; trades $9.18–$9.56
Options exercised
30,000 shares
Exercise of stock options into common stock on May 21, 2026
Option exercise price
$4.99/share
Conversion price for 30,000-share stock option
Shares owned after transactions
310,907 shares
Direct holdings of common stock following Form 4 transactions
Option expiration date
August 1, 2026
Expiration of exercised stock option grant
Key Terms
open-market sale, Stock Option (right to buy), derivative security, weighted average price
4 terms
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.
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did GSIT VP of Sales Didier Lasserre report?
Didier Lasserre reported exercising options for 30,000 GSI Technology shares and selling 30,000 common shares in an open-market transaction on May 21, 2026. These moves combined an option exercise with a same-day share sale.
What stock options did the GSIT VP exercise in this Form 4 filing?
Lasserre exercised stock options covering 30,000 shares of GSI Technology common stock at a $4.99 exercise price. The derivative entry shows these options, originally exercisable from May 3, 2020, expiring August 1, 2026, were fully exercised in this transaction.
Was the GSIT insider sale a single trade or multiple transactions?
The reported $9.306 price is a weighted average across multiple trades. According to the footnote, the 30,000 shares were sold in separate transactions with prices ranging between $9.18 and $9.56 per share on the same trading day.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates