STOCK TITAN

GSI Technology (GSIT) VP exercises options and sells 20K common shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GSI Technology VP Bor-Tay Wu reported an option exercise and related share sale in GSI Technology common stock. Wu exercised stock options to acquire 20,000 shares at $3.68 per share, then executed an open-market sale of 20,000 shares at a weighted average price of $10.9329 per share in multiple trades between $10.90 and $10.99.

Following these transactions, Wu directly holds 912,500 shares of GSI Technology common stock. The exercised option covered 20,000 underlying shares, is now fully used, and had an expiration date in 2035 after becoming fully exercisable on December 1, 2025, subject to continued service.

Positive

  • None.

Negative

  • None.

Insights

Routine option exercise paired with a modest open-market sale.

Vice President Bor-Tay Wu exercised stock options for 20,000 shares at a strike price of $3.68, then sold the same number of GSI Technology shares at a weighted average of $10.9329. This is a classic exercise-and-sell pattern converting an option award into cash.

After the transactions, Wu still holds 912,500 shares of common stock, so the sale represents a small portion of his disclosed equity position. The derivative entry shows 20,000 option rights going to zero, indicating this specific option grant was fully exercised and no longer outstanding.

The footnote clarifies that the reported sale price is a weighted average from trades between $10.90 and $10.99. No reference is made to pre-arranged trading plans in the excerpt, so the filing mainly documents routine portfolio and compensation-related activity rather than a large directional change in ownership.

Insider Wu Bor-Tay
Role VP, Taiwan Operations
Sold 20,000 shs ($219K)
Type Security Shares Price Value
Exercise Stock Option (right to buy) 20,000 $0.00 --
Exercise Common Stock 20,000 $3.68 $74K
Sale Common Stock 20,000 $10.9329 $219K
Holdings After Transaction: Stock Option (right to buy) — 0 shares (Direct, null); Common Stock — 932,500 shares (Direct, null)
Footnotes (1)
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.90 to $10.99, 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. Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes 100% exercisable on December 1, 2025.
Shares sold 20,000 shares Open-market sale of GSI Technology common stock
Weighted average sale price $10.9329 per share Common stock sold in trades from $10.90 to $10.99
Option exercise price $3.68 per share Stock option covering 20,000 underlying common shares
Shares held after transactions 912,500 shares Direct GSI Technology common stock ownership after sale
Options exercised 20,000 options Stock Option (right to buy) exercised into common shares
Option vesting date December 1, 2025 Option became 100% exercisable subject to continued service
Option expiration date May 5, 2035 Original expiration for the exercised stock option grant
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Stock Option (right to buy) financial
"security_title": "Stock Option (right to buy)""
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
exerciseCount financial
""exerciseCount": 1,"
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SEC Form 4
FORM 4UNITED 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*
Wu Bor-Tay

(Last)(First)(Middle)
GSI TECHNOLOGY, INC.
6F-1, NO. 30, TAI-YUAN STREET

(Street)
CHU PEI CITY30288

(City)(State)(Zip)

TAIWAN

(Country)
2. Issuer Name and Ticker or Trading Symbol
GSI TECHNOLOGY INC [ GSIT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP, Taiwan Operations
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/01/2026M20,000A$3.68932,500D
Common Stock06/01/2026S20,000D$10.9329(1)912,500D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy)$3.6806/01/2026M20,00012/01/2025(2)05/05/2035Common Stock20,000$00D
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 $10.90 to $10.99, 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.
2. Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes 100% exercisable on December 1, 2025.
/s/ Bor-Tay Wu, by Douglas Schirle, Attorney-in-Fact06/03/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did GSI Technology (GSIT) VP Bor-Tay Wu report?

Bor-Tay Wu reported exercising stock options for 20,000 GSI Technology shares at $3.68 and selling 20,000 common shares in open-market trades. The sale used a weighted average price and left his disclosed common stock holdings essentially intact at 912,500 shares.

How many GSI Technology (GSIT) shares did Bor-Tay Wu sell and at what price?

Bor-Tay Wu sold 20,000 GSI Technology common shares in open-market transactions at a weighted average price of $10.9329. The footnote states trades occurred between $10.90 and $10.99, and he has offered to provide full price breakdowns upon request.

What stock options did GSI Technology (GSIT) VP Bor-Tay Wu exercise?

He exercised a stock option covering 20,000 underlying GSI Technology common shares at a conversion or exercise price of $3.68 per share. The option became 100% exercisable on December 1, 2025, subject to his continued service with the company.

How many GSI Technology (GSIT) shares does Bor-Tay Wu hold after these transactions?

After the reported exercise and sale, Bor-Tay Wu directly holds 912,500 shares of GSI Technology common stock. This suggests the 20,000-share sale represents a relatively small portion of his overall disclosed equity stake in the company.

Were Bor-Tay Wu’s GSI Technology (GSIT) share sales made at a single price?

No, the sales used a weighted average price. The filing notes multiple transactions between $10.90 and $10.99 per share, producing a reported weighted average sale price of $10.9329 for the 20,000 GSI Technology common shares sold.