GSI Technology (GSIT) grants VP Sales Didier Lasserre 20,000 stock options

Rhea-AI Filing Summary

GSI Technology’s Vice President of Sales, Didier Lasserre, received a stock option grant reported as a derivative security. The grant covers 20,000 stock options with an exercise price of $7.23 per share, all held directly.

These options vest and become 100% exercisable on December 1, 2026, subject to Lasserre’s continued service to the company, and are scheduled to expire on February 2, 2036. This filing reflects an equity-based compensation award rather than the purchase or sale of common shares.

SEC Form 4

FORM 4

UNITED 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

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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^*

Lasserre Didier

(Last) (First) (Middle)

GSI TECHNOLOGY, INC.

1213 ELKO DRIVE

(Street)

SUNNYVALE CA 94089

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GSI TECHNOLOGY INC [ GSIT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP, Sales

3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$7.23	02/02/2026		A		20,000		12/01/2026(1)	02/02/2036	Common Stock	20,000	$0	20,000	D

Explanation of Responses:

1. Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes 100% exercisable on December 1, 2026.

	Didier Lasserre, By Douglas Schirle, Attorney -in-Fact	02/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did GSIT report for VP Sales Didier Lasserre?

GSI Technology (GSIT) reported a grant of 20,000 stock options to VP Sales Didier Lasserre. The options carry a $7.23 exercise price per share and are held directly as equity-based compensation, not an immediate stock purchase or sale.

When do Didier Lasserre’s GSIT stock options vest and become exercisable?

The 20,000 GSI Technology (GSIT) stock options for Didier Lasserre vest and become 100% exercisable on December 1, 2026. Vesting is conditioned on his continued service to the company through that date, aligning the award with ongoing employment.

What is the exercise price and term of the GSIT stock options granted?

The stock options granted to Didier Lasserre by GSI Technology (GSIT) have a $7.23 exercise price per share. They are scheduled to expire on February 2, 2036, providing a long-dated window to exercise once vesting conditions are satisfied.

How many GSIT derivative securities does Didier Lasserre hold after this transaction?

Following this reported grant, Didier Lasserre beneficially owns 20,000 GSI Technology (GSIT) stock options. These options are reported as held directly, representing his total derivative securities position after the transaction disclosed in this Form 4.

Is the GSIT Form 4 transaction a purchase or a grant of stock options?

The GSI Technology (GSIT) Form 4 shows an “A” transaction code for stock options, indicating an award or grant. The 20,000 options were granted at no cost, with value realized only if exercised above the $7.23 exercise price after vesting.

What role does Didier Lasserre hold at GSI Technology (GSIT)?

Didier Lasserre is reported as an officer of GSI Technology (GSIT), serving as Vice President, Sales. The disclosed 20,000 stock option grant reflects part of his equity-based compensation in connection with this executive role at the company.