GSI Technology (GSIT) VP Didier Lasserre Receives 20,000-Share Option Award

What Happened
Didier Lasserre, Vice President of Sales at GSI Technology (GSIT), received a grant/award of 20,000 derivative shares on February 2, 2026. The filing shows an acquisition of 20,000 shares at $0.00 (derivative instrument), indicating an option/award rather than an open-market purchase or sale.

Key Details

• Transaction date: February 2, 2026; Form 4 filed February 4, 2026 (appears timely).
• Transaction type: Award/Grant (derivative) — 20,000 shares acquired at $0.00.
• Vesting/convertibility: Footnote F1 — subject to continued service, the option vests and becomes 100% exercisable on December 1, 2026.
• Exercise price / dollar value: Not specified in the provided report, so immediate market value cannot be calculated.
• Shares owned after transaction: Not reported in the provided filing.
• Filing timeliness: Filed two days after the transaction date; no late-filing flag noted.

Context
This was a compensation award (an option grant) rather than a purchase or sale of stock. Such awards typically vest over time and require exercise (and possibly payment of a strike price) before converting into owned shares—here, vesting/exercise availability is scheduled for December 1, 2026. Because the exercise price and post-transaction holdings aren’t listed in the provided data, the grant’s immediate monetary impact can’t be determined from this filing alone.