GSI Technology Inc. submitted a Form 144 notice to sell 40,000 shares of Common Stock via a Stock Option Exercise & Sale on 03/13/2026.
The filing also reports a prior sale of 20,000 shares on 03/02/2026 for $167,310.00. The sale method is listed as cash.
GSI Technology VP, Taiwan Operations Bor-Tay Wu executed a routine option-related trade in company stock. He exercised options to acquire 40,000 shares of Common Stock at $4.99 per share, then sold 40,000 shares in open-market transactions at a weighted average price of $8.6636 per share. Following these transactions, he directly holds 912,500 shares of GSI Technology common stock. The option position for 40,000 underlying shares was fully eliminated, with no remaining derivative holdings reported in this filing.
GSI Technology senior executive Patrick T. Chuang exercised stock options and sold shares in the company. On March 2, 2026, he exercised options for 20,000 shares of common stock at a price of $3.68 per share, increasing his common stock holdings before any sale.
On the same day, he sold 20,000 shares of GSI Technology common stock in an open-market transaction at a weighted average price of $8.3655 per share. After these transactions, he directly owned 15,166 shares of GSI Technology common stock. The sale price reflects multiple trades within a range from $8.275 to $8.435.
Galloway Capital Partners and affiliates have disclosed a 5.02% beneficial stake in GSI Technology, Inc. common stock. They report beneficial ownership of 1,048,450 shares of common stock and 770,500 shares underlying call options exercisable within 60 days, totaling 1,818,950 shares based on 36,186,203 shares outstanding as of January 31, 2026.
The securities were acquired in open‑market purchases from April 2025 through February 2026 at an aggregate purchase price of approximately $4.35 per share for the stock and premiums of about $462,300 for the call options, using investment capital of Galloway entities and Bruce Galloway. The group states the investment is for investment purposes but indicates it may buy more, hold, or sell shares and intends to engage with the board and management on performance, governance, capital allocation, strategy, and investor communications.
The reporting persons sent a letter to management expressing their belief that the company’s share price is undervalued and that management should improve capital markets communication and investor awareness.
GSI Technology, Inc. received an amended Schedule 13G showing that Lee-Lean Shu beneficially owned 3,654,302 shares of its common stock, or 9.8% of the class, as of December 31, 2025.
This total includes 3,032,417 shares over which he has sole voting and dispositive power and 621,885 shares over which he has shared voting and dispositive power. Sole powers comprise 1,982,417 shares owned directly and options to purchase 1,050,000 shares exercisable within 60 days of December 31, 2025. Shared powers reflect shares held by his spouse and children, and options held by his spouse that are exercisable within 60 days of that date, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.
GSI Technology reported higher revenue but continued losses for the quarter ended December 31, 2025. Quarterly net revenues rose to $6.1 million from $5.4 million, with nine‑month revenues up to $18.8 million from $14.6 million, driven mainly by product mix and modest unit growth.
The company posted a quarterly net loss of $3.0 million (basic and diluted loss per share $0.09) and a nine‑month net loss of $8.4 million. Gross margin improved to 55.2% for the nine months, helped by higher average selling prices and lower inventory and severance impacts.
Research and development expenses climbed, including a $3.2 million purchase of intellectual property for the Plato project, partly offset by $1.0 million in government contract funding. Liquidity strengthened significantly: cash and cash equivalents reached $70.7 million, supported by a $50.0 million registered direct offering, warrant exercises, an earlier at‑the‑market stock sale of $14.3 million, and an $11.3 million sale‑leaseback of the Sunnyvale headquarters.
GSI Technology’s Vice President of Sales, Didier Lasserre, received a stock option grant reported as a derivative security. The grant covers 20,000 stock options with an exercise price of $7.23 per share, all held directly.
These options vest and become 100% exercisable on December 1, 2026, subject to Lasserre’s continued service to the company, and are scheduled to expire on February 2, 2036. This filing reflects an equity-based compensation award rather than the purchase or sale of common shares.
GSI Technology, Inc. reported a new stock option grant to Bor-Tay Wu, its VP, Taiwan Operations. On February 2, 2026, Wu received an option to purchase 20,000 shares of common stock at an exercise price of $7.23 per share, recorded at a grant price of $0.
The option becomes fully exercisable on December 1, 2026, provided Wu continues to serve the company, and it expires on February 2, 2036. The filing shows Wu directly holds 20,000 derivative securities following this award.