CHUANG PATRICK T 4

What Happened

• Patrick T. Chuang, Senior Vice President, Memory Design at GSI Technology (GSIT), received a grant (code A) of 20,000 derivative shares/options on 2026-02-02. The filing reports an acquisition price of $0 and a reported value of $0. According to the filing footnote, the option vests and becomes 100% exercisable on December 1, 2026, subject to the reporting person’s continued service.

Key Details

• Transaction date: 2026-02-02; Form 4 filed: 2026-02-04 (Accession: 0002009849-26-000001).
• Transaction type: Award (A) — derivative instrument (option grant).
• Quantity: 20,000 shares (derivative); reported acquisition price: $0; reported value: $0.
• Vesting/exercise note: Option vests and is 100% exercisable on 12/01/2026, subject to continued service (footnote).
• Shares owned after transaction: Not specified in the provided filing.
• Timeliness: Filed two days after the transaction date, which appears to meet typical Form 4 timing requirements.

Context

• This was a compensation grant (option award), not an open-market buy or sale. Grants are common for executive compensation and do not by themselves indicate an immediate purchase of stock or a directional bet on the share price. The economic value to the insider depends on GSI’s future stock price and any exercise price and tax conditions tied to the option.