GSI Technology (GSIT) SVP exercises options and sells 20,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GSI Technology senior executive Patrick T. Chuang exercised stock options and sold shares in the company. On March 2, 2026, he exercised options for 20,000 shares of common stock at a price of $3.68 per share, increasing his common stock holdings before any sale.
On the same day, he sold 20,000 shares of GSI Technology common stock in an open-market transaction at a weighted average price of $8.3655 per share. After these transactions, he directly owned 15,166 shares of GSI Technology common stock. The sale price reflects multiple trades within a range from $8.275 to $8.435.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20,000 shares ($167,310)
Net Sell
3 txns
Insider
CHUANG PATRICK T
Role
Senior VP, Memory Design
Sold
20,000 shs ($167K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 20,000 | $0.00 | -- |
| Exercise | Common Stock | 20,000 | $3.68 | $74K |
| Sale | Common Stock | 20,000 | $8.3655 | $167K |
Holdings After Transaction:
Stock Option (right to buy) — 0 shares (Direct);
Common Stock — 35,166 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did GSIT executive Patrick T. Chuang report?
Patrick T. Chuang reported exercising options for 20,000 GSI Technology shares and selling 20,000 common shares. The exercise and sale occurred on March 2, 2026, and involved open-market transactions at a weighted average sale price of $8.3655 per share.
Did Patrick T. Chuang exercise GSI Technology stock options in this Form 4?
Yes. He exercised stock options covering 20,000 shares of GSI Technology common stock at an exercise price of $3.68 per share. This option exercise converted derivative securities into common shares before the reported open-market sales on March 2, 2026.
What role does Patrick T. Chuang hold at GSI Technology (GSIT)?
Patrick T. Chuang is identified as Senior Vice President, Memory Design at GSI Technology. His Form 4 filing reflects transactions in company securities undertaken in that capacity as a reporting officer under U.S. securities regulations for insider ownership and trading.
How was the GSIT sale price range described in Patrick T. Chuang’s Form 4?
The filing states the $8.3655 figure is a weighted average sale price for the 20,000 shares. Individual trades were executed between $8.275 and $8.435 per share, and detailed trade-level pricing information is available upon request to the parties identified.