Wu Ping Tak 4

What Happened

• Wu Ping Tak, Vice President, U.S. Operations at GSI Technology Inc. (GSIT), was awarded 15,000 derivative securities reported as an "A" (grant/award) on Feb 2, 2026. The filing shows an acquisition price of $0.00 (i.e., no cash paid at grant) and lists the award as a derivative (stock option) that becomes exercisable upon vesting. The footnote states the option vests and becomes 100% exercisable on December 1, 2026, subject to continued service.

Key Details

• Transaction date: 2026-02-02; Form 4 filed: 2026-02-04 (filed within the normal 2-business-day window).
• Amount: 15,000 derivative awards reported at $0.00 (total reported value $0); filing identifies them as options per footnote.
• Vesting: 100% vesting and exercisable on December 1, 2026, contingent on continued service (per footnote).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Late filing: Not late — filed two days after the transaction (timely under Form 4 rules).

Context

• This was an option grant (a derivative award), not an open-market buy or sale. Options don’t represent immediate stock ownership or a cash outlay at grant; they give the right to buy shares later if exercised. There is no indication the options were exercised or sold immediately. Exercise price and other award terms were not included in the provided excerpt, so check the full Form 4 for those details if needed.