STOCK TITAN

GSI Technology (GSIT) awards 40,000 options to VP of Associative Computing

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GSI Technology Inc reported that Avidan Akerib, VP, Associative Computing, received a grant of stock options for 40,000 shares of common stock. The options have an exercise price of $6.76 per share, vest and become 100% exercisable on May 23, 2030 subject to continued service, and expire on August 13, 2036. Following this grant, Akerib holds 40,000 stock options directly.

Positive

  • None.

Negative

  • None.
Insider Akerib Avidan
Role VP, Associative Computing
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 May 23, 2030.
Options granted 40,000 stock options Stock Option (right to buy) granted to VP, Associative Computing
Exercise price $6.76 per share Conversion or exercise price of the stock options
Vesting date May 23, 2030 Date options become 100% exercisable, subject to continued service
Expiration date August 13, 2036 Expiration of the granted stock options
Options held after transaction 40,000 stock options Total derivative securities owned following the 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.
vests and becomes 100% exercisable financial
"the option vests and becomes 100% exercisable on May 23, 2030"
expiration date financial
"expiration_date: 2036-08-13"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

FAQ

What did GSI Technology (GSIT) disclose about Avidan Akerib in this Form 4?

GSI Technology reported that VP, Associative Computing Avidan Akerib received a grant of 40,000 stock options. These options relate to the company’s common stock and are held as direct ownership following the transaction.

How many stock options were granted to the GSIT executive in this filing?

The filing shows a grant of 40,000 stock options to the executive. Each option is a right to buy one share of GSI Technology common stock under the terms described in the document.

What is the exercise price of the options granted in the GSIT Form 4?

The options were granted with an exercise price of $6.76 per share. This is the price at which the holder may buy GSI Technology common stock once the options become exercisable and subject to plan terms.

When do Avidan Akerib’s GSIT stock options vest and become exercisable?

According to the footnote, the options vest and become 100% exercisable on May 23, 2030. Vesting is subject to the reporting person’s continued service to GSI Technology through that date.

What is the expiration date of the GSIT stock options granted in this Form 4?

The granted stock options expire on August 13, 2036. After this expiration date, any unexercised options will no longer be exercisable for GSI Technology common stock under this grant.

How many GSIT stock options does Avidan Akerib hold after this transaction?

Following the reported grant, Avidan Akerib holds 40,000 stock options directly. This total reflects the post-transaction holdings reported for the derivative securities in the Form 4.

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

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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*
Akerib Avidan

(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)
VP, Associative Computing
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)$6.7608/13/2026A40,00005/23/2030(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 May 23, 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)