GSI Technology (GSIT) Director Hsieh Hong-Po Exercises Options

What Happened
Hsieh Hong-Po, a director of GSI Technology, exercised stock options (transaction code M) on August 3, 2026 to acquire a total of 55,560 common shares. The exercise consisted of 28,074 shares at $1.87 ($52,498) and 27,486 shares at $1.91 ($52,498), for combined cash paid of approximately $104,996. The filing also records the corresponding derivative instruments as disposed (terminated) at $0 value, reflecting conversion of the options into shares.

Key Details

• Transaction dates: August 3, 2026 (reported on Form 4 filed Aug 4, 2026). Filing appears timely.
• Exercise details: 28,074 shares @ $1.87 = $52,498; 27,486 shares @ $1.91 = $52,498. Total shares acquired = 55,560; total cash paid ≈ $104,996.
• Dispositions: Two derivative lines reported as disposed at $0 — these are the options converted to shares upon exercise.
• Shares owned after transaction: Not disclosed in the provided filing.
• No 10b5-1 plan, tax-withholding, or other footnotes were indicated in the reported lines.

Context
This was an option exercise (code M), not a sale — the insider paid cash to acquire shares rather than selling them immediately (i.e., not a cashless exercise). Exercises are routine remuneration or vesting events and do not, by themselves, indicate a change in sentiment; they do, however, increase the insider's direct share ownership.