GSI Technology (GSIT) awards 30,000 stock options to VP of U.S. Operations
Rhea-AI Filing Summary
GSI Technology Inc. reported that Ping Tak Wu, VP, U.S. Operations, received a grant of stock options for 30,000 shares of common stock on August 13, 2026. The options have an exercise price of $6.76 per share, vest in full on June 5, 2030, and expire on August 13, 2036. Following this grant, Wu holds 30,000 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wu Ping Tak
Role
VP, U.S. Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) F1 | 30,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (right to buy) — 30,000 shares (Direct)
Footnotes (1)
- F1. Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes 100% exercisable on June 5, 2030.
Key Figures
Options granted: 30,000 shares
Exercise price: $6.76 per share
Vesting date: June 5, 2030
+2 more
5 metrics
Options granted
30,000 shares
Stock Option grant to Ping Tak Wu on August 13, 2026
Exercise price
$6.76 per share
Conversion or exercise price for the stock options
Vesting date
June 5, 2030
Options vest and become 100% exercisable on this date
Expiration date
August 13, 2036
Expiration date of the stock options
Options held after grant
30,000 options
Total stock options held directly by Ping Tak Wu after transaction
Key Terms
Stock Option (right to buy), exercise price, vests and becomes 100% exercisable, expiration date
4 terms
Stock Option (right to buy) financial
"Security title is listed as Stock Option (right to buy)"
exercise price financial
"Conversion or exercise price is reported as $6.76 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vests and becomes 100% exercisable financial
"The option vests and becomes 100% exercisable on June 5, 2030"
expiration date financial
"The options have an expiration date of August 13, 2036"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What equity award did Ping Tak Wu receive from GSIT in this Form 4?
Ping Tak Wu received a grant of stock options for 30,000 shares of GSI Technology common stock, with an exercise price of $6.76 per share, reported as a compensation-related acquisition.
When do Ping Tak Wu’s new GSIT stock options vest and become exercisable?
The options vest and become 100% exercisable on June 5, 2030, subject to Wu’s continued service to GSI Technology. Before that date, the options cannot be exercised under the stated vesting terms.
What is the exercise price and expiration date of Ping Tak Wu’s GSIT options?
The options carry an exercise price of $6.76 per share and are scheduled to expire on August 13, 2036, providing a multi-year window to exercise after vesting in 2030.
How many GSIT stock options does Ping Tak Wu hold after this transaction?
After this reported grant, Ping Tak Wu holds 30,000 stock options directly. These options are all tied to the August 13, 2026 award and are subject to future vesting on June 5, 2030.
AI-generated analysis. How Rhea-AI works. Not financial advice.
