GSIT Form 4: Officer sells 40,000 shares at $9.04 avg; exercised
GSI Technology (GSIT) filed a Form 4 for an officer transaction.
Rhea-AI Filing Summary
GSI Technology (GSIT) filed a Form 4 for an officer transaction. On 11/04/2025, the Senior VP, Memory Design exercised stock options for 40,000 shares at $4.99 (Code M), then sold 40,000 common shares at a weighted average price of $9.04, with individual trades ranging from $9.00 to $9.12. Following these transactions, the reporting person held 15,166 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 40,000 shares ($162K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
CHUANG PATRICK T
Role
Senior VP, Memory Design
Sold
40,000 shs ($362K)
Approx. gross sale proceeds
$362K
Approx. exercise cost
$200K
Approx. pre-tax spread
$162K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 40,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 40,000 | $4.99 | $200K |
| Sale | Common Stock | 40,000 | $9.04 | $362K |
Holdings After Transaction:
Stock Option (right to buy) — 0 contracts (Direct);
Common Stock — 15,166 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.00 to $9.12, 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.
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