GSI Technology director granted option for 5,412 shares at $9.7
GSI Technology (GSIT) reported an insider equity award on a Form 4.
Rhea-AI Filing Summary
GSI Technology (GSIT) reported an insider equity award on a Form 4. A company director received a stock option for 5,412 shares of common stock at an exercise price of $9.7 per share, dated 11/03/2025, with the award recorded as acquired.
The option vests 100% on August 15, 2026, subject to continued service. It also provides for 100% vesting of the unvested portion immediately prior to, but contingent upon, a Change in Control occurring before August 15, 2026. The option expires on 11/03/2035. Following the transaction, the director beneficially owned 5,412 derivative securities directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 5,412 | $0.00 | $0.00 |
Footnotes (2)
- F1. Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes 100% exercisable on August 15, 2026.
- F2. Reporting Person shall vest in 100% of the unvested and outstanding portion of the option immediately prior to, but contingent upon, the consummation of a Change in Control prior to August 15, 2026.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did GSI Technology (GSIT) disclose on this Form 4?
When do the GSIT director’s options vest?
Is there acceleration on change in control for GSIT’s option grant?
What is the option expiration date for the GSIT grant?
How many derivative securities does the director hold after this transaction?
What was the price paid for the option itself?
AI-generated analysis. How Rhea-AI works. Not financial advice.