GSIT Form 4: 6,494 director options; vest 8/15/2026, exp. 2035

Rhea-AI Filing Summary

GSI Technology (GSIT) reported a director equity award. On 11/03/2025, director Ronald R. Steger was granted 6,494 stock options with a $9.70 exercise price, expiring 11/03/2035. The option vests 100% on August 15, 2026, and will fully vest immediately prior to, and contingent upon, a Change in Control occurring before that date. Following the grant, 6,494 derivative securities are owned directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Steger Ronald

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (right to buy)	6,494	$0.00	--

Holdings After Transaction: Stock Option (right to buy) — 6,494 shares (Direct)

Footnotes (1)

1. Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes 100% exercisable on August 15, 2026. 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.

Form 4 Insider Transactions: What Each Field Means →

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

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^*

Steger Ronald

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
11/03/2025

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)	$9.7	11/03/2025		A		6,494		08/15/2026	11/03/2035(1)(2)	Common Stock	6,494	$0	6,494	D

Explanation of Responses:

1. Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes 100% exercisable on August 15, 2026.

2. 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.

	/s/ Ronald R. Steger, by Douglas Schirle, Attorney-in-Fact	11/04/2025
	** 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 did GSI Technology (GSIT) disclose in this Form 4?

A director, Ronald R. Steger, received 6,494 stock options on 11/03/2025 at a $9.70 exercise price, expiring 11/03/2035.

What is the vesting schedule for the GSIT director options?

The option vests 100% on August 15, 2026, subject to continued service.

Is there change-in-control protection on the GSIT options?

Yes. The filing states the award will vest 100% immediately prior to, and contingent upon, a Change in Control occurring before August 15, 2026.

What is the exercise price and number of options granted to the GSIT director?

$9.70 per share for 6,494 options.

How many derivative securities does the reporting person hold after the transaction?

6,494 derivative securities, held directly.

When do the GSIT director options expire?

The options expire on 11/03/2035.