secwatch.observer — SEC 8-K summary
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Issuer:     GSI TECHNOLOGY INC (GSIT)
CIK:        0001126741
Form:       8-K
Filed at:   2025-05-29T23:59:59+00:00
Accession:  0001104659-25-054233
Event type: other
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GSI Technology adopts 2026 Variable Compensation Plan; CEO target bonus $275,000
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- Compensation Committee approved 2026 Plan on May 27, 2025, effective April 1, 2025.
- CEO Lee-Lean Shu target bonus $275,000; other exec officers target $137,500 each.
- Awards based on SRAM net revenue and APU net revenue/R&D funding criteria.
- Maximum payout up to 2x target; 60% vests April 2026, 20% each in April 2027/2028.
- Plan covers named executive officers and certain key non-executive employees.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1126741/000110465925054233/0001104659-25-054233-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1126741/000110465925054233/tm2516410d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-054233

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer