GSI Technology (GSIT) SVP exercises options and sells 20,000 shares

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.

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^*

CHUANG PATRICK T

(Last) (First) (Middle)

C/O 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)
	Senior VP, Memory Design

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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
Common Stock	03/02/2026		M		20,000	A	$3.68	35,166	D
Common Stock	03/02/2026		S		20,000	D	$8.3655(1)	15,166	D

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)	$3.68	03/02/2026		M			20,000	12/01/2025	05/05/2035	Common Stock	20,000	$0	0	D

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.275 to $8.435, 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.

	/s/ Chuang Patrick T, by Douglas Schirle, Attorney-in-Fact	03/02/2026
	** Signature of Reporting Person	Date
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.

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.

How many GSIT shares did Patrick T. Chuang sell and at what price?

He sold 20,000 shares of GSI Technology common stock at a weighted average price of $8.3655 per share. The filing notes individual trades occurred between $8.275 and $8.435, with full trade details available upon request from the parties listed.

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 is Patrick T. Chuang’s GSIT shareholding after these transactions?

Following the reported March 2, 2026 transactions, Patrick T. Chuang directly owned 15,166 shares of GSI Technology common stock. This figure reflects his holdings after both the 20,000-share option exercise and the subsequent 20,000-share open-market sale.

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.