Didier Lasserre, Vice President of Sales at GSI Technology Inc. (NASDAQ:GSIT), sold 30,000 shares of common stock for a total of $279,180 on May 21, 2026, according to a recent SEC Form 4 filing.
The shares were sold at a weighted average price of $9.306 per share. Individual transaction prices ranged from $9.18 to $9.56.
On the same day, Mr. Lasserre acquired 30,000 shares by exercising stock options at $4.99 per share, totaling $149,700. These options were granted on May 3, 2020, and expire on August 1, 2026.
After these transactions, Mr. Lasserre directly holds 310,907 shares of GSI Technology common stock.
GSIT shares have surged 189% over the past year, but currently trade at $9.66, down from the 52-week high of $18.15. According to Bond.az analysis, the stock appears overvalued at current levels.
In other news, GSI Technology reported preliminary annual revenue of $25.1 million. The company also won Phase I of a smart city project in Taiwan.
