GSIT GSI TECHNOLOGY INC
Price Chart
Executive Summary
Two GSIT insiders — the CFO and VP of Sales — sold a combined $732K in open-market shares within the same week as the company's FQ4 2026 earnings release (May 22). VP Lasserre sold shares the day after exercising options at a fraction of the market price, locking in a ~87% gain in one day. The CFO's $453K sale came 8 days before earnings at $11.32, near the stock's recent highs. The cluster represents ~0.22% of the $335M market cap, which is modest but notable given the proximity to earnings and the option-exercise-plus-sale pattern by the VP.
Key Financial Metrics
Actionable Insight
Watch for a near-term pullback as insiders sell into strength just after earnings. The Nasdaq semiconductor sector has been weak (0% analyst bullish consensus), and the widened loss + pre-revenue AI chip spending mean any insider confidence signal erodes. If additional filings show sales by directors in the next 10 days, consider trimming GSIT positions.
Key Facts
- CFO Schirle sold 40,000 shares on May 14 at $11.32 for $453K — the largest single insider sale this period.
- VP Lasserre sold 30,000 shares on May 21 at $9.31 for $279K, one day after exercising options at $4.99 (87% gain).
- Both sales occurred within 8 days of GSIT's FQ4 2026 earnings, which showed a widened net loss ($4.8M vs $2.2M a year ago).
- Total cluster value of $732K equals ~0.22% of GSIT's $335M market cap — in the modest-to-noteworthy range.
- GSIT's stock has rallied significantly (30d price angle suggests strong gains), and insider selling at elevated levels near earnings is a traditional caution signal.
Financial Impact
$732K in insider sales over 7 days, ~0.22% of market cap
Risk Factors
- Insider selling may reflect routine 10b5-1 plan compliance rather than bearish conviction, but no plan disclosures accompany these trades.
- The VP Lasserre sale is clearly a same-day option exercise-and-sell, which is a standard cashless exercise — partially pre-planned.
- GSIT's stock volatility (30d range suggests large moves) could mean the pullback has already been priced.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-GSIT-1779482378760 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 3, 2026
3d ago
|
Insider Cluster
| — | awaiting T+5 | — | — |
|
Jun 3, 2026
3d ago
|
Insider Cluster
| — | awaiting T+5 | — | — |
|
May 27, 2026
10d ago
|
Insider Cluster
| $10.64 $9.76 | ▼ −8.27% | ▼ −8.22% | $8.01 (−24.72%) |
|
May 26, 2026
11d ago
|
Insider Cluster
| $10.33 $10.45 | ▼ −1.16% | ▲ +0.05% | $8.01 (+22.46%) |
|
May 22, 2026
15d ago
|
Insider Cluster
| $10.55 $10.91 | ▼ −3.41% | ▼ −2.33% | $8.01 (+24.08%) |
|
May 22, 2026
15d ago
|
8-K
| $9.66 $10.91 | ▲ +12.89% | ▲ +11.21% | $8.01 (−17.08%) |
|
May 12, 2026
26d ago
|
Insider Cluster
| $11.54 $8.66 | ▲ +24.96% | ▲ +24.36% | $8.01 (+30.59%) |
|
May 11, 2026
27d ago
|
Insider Cluster
| $11.72 $8.96 | ▲ +23.55% | ▲ +23.46% | $8.01 (+31.66%) |
|
May 7, 2026
4w ago
|
8-K
| $8.45 $10.86 | ▲ +28.52% | ▲ +27.06% | $8.01 (−5.21%) |
|
Mar 18, 2026
11w ago
|
8-K
| $5.93 $6.30 | ▲ +6.24% | ▲ +6.95% | $8.01 (+35.08%) |
US Market Status
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