GSIT officer exercises two 20,000 options, sells at $8.6638
GSI Technology (GSIT) insider activity: Senior VP, Memory Design Patrick T. Chuang reported option exercises and share sales on 11/06/2025.
Rhea-AI Filing Summary
GSI Technology (GSIT) insider activity: Senior VP, Memory Design Patrick T. Chuang reported option exercises and share sales on 11/06/2025.
He exercised 20,000 stock options at $2.27 and another 20,000 at $1.92, then sold 20,000 shares at a weighted average price of $8.6638 (range $8.50–$8.92) and sold another 20,000 shares at the same weighted average price. Following these transactions, he directly owned 15,166 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 40,000 shares ($263K approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
CHUANG PATRICK T
Role
Senior VP, Memory Design
Sold
40,000 shs ($347K)
Approx. gross sale proceeds
$347K
Approx. exercise cost
$84K
Approx. pre-tax spread
$263K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 20,000 | $0.00 | $0.00 |
| Exercise | Stock Option (right to buy) | 20,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 20,000 | $2.27 | $45K |
| Sale | Common Stock | 20,000 | $8.6638 | $173K |
| Exercise | Common Stock | 20,000 | $1.92 | $38K |
| Sale | Common Stock | 20,000 | $8.6638 | $173K |
Holdings After Transaction:
Stock Option (right to buy) — 0 contracts (Direct);
Common Stock — 15,166 shares (Direct)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.50 to $8.92, 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.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.50 to $8.92, 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 (2) to this Form 4.
FAQ
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What did GSIT's insider report on this Form 4?
Patrick T. Chuang exercised stock options (20,000 at $2.27 and 20,000 at $1.92) and sold 20,000 + 20,000 shares at a weighted average of $8.6638.
When did the GSIT insider transactions occur?
All reported transactions occurred on 11/06/2025.
What were the exercise prices and sizes of the options?
One option for 20,000 shares at $2.27 (exercisable since 12/02/2023) and another for 20,000 shares at $1.92 (exercisable since 12/01/2024).
Who is the reporting person in this GSIT Form 4?
The reporting person is Patrick T. Chuang, Senior VP, Memory Design at GSI Technology.
AI-generated analysis. How Rhea-AI works. Not financial advice.