SEC Form 4 · accession 0002009849-26-000007
GSI TECHNOLOGY INC · GSIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick T Chuang
Officer — Senior VP, Memory Design
Period of report
Jun 1, 2026
Accepted (ET)
Jun 3, 2026 · 5:30 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001126741
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 1, 2026 | M | 40,000 | $7.26 | A | 55,166 | D | |
| Common StockF1 | Jun 1, 2026 | S | 40,000 | $11.3146 | D | 15,166 | D | |
| Common Stock | Jun 2, 2026 | M | 40,000 | $4.08 | A | 55,166 | D | |
| Common StockF2 | Jun 2, 2026 | S | 40,000 | $10.9766 | D | 15,166 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $7.26 | Jun 1, 2026 | M | 40,000 | D | Jun 2, 2021 | Jul 31, 2027 | Common Stock | 40,000 | 0 | D |
| Stock Option (right to buy)F3 | $4.08 | Jun 2, 2026 | M | 40,000 | D | Jun 2, 2026 | Aug 1, 2032 | Common Stock | 40,000 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.26 to $11.423, 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.58 to $11.255, 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.
- F3The option is fully vested and exercisable.