secwatch.observer — SEC 8-K summary
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Issuer:     GSI TECHNOLOGY INC (GSIT)
CIK:        0001126741
Form:       8-K
Filed at:   2026-05-28T20:05:34+00:00
Accession:  0001104659-26-067475
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud

GSI Technology Adopts 2027 Variable Compensation Plan for Executive Officers
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- CEO Lee-Lean Shu has a target bonus of $275,000; other executive officers have a target of $137,500.
- Actual bonuses depend on SRAM net revenue and APU net revenue or R&D funding offsets.
- Maximum payout is up to 2x target if performance goals are exceeded.
- Bonuses vest 60% in April 2027, then 20% each in April 2028 and 2029.
- Plan approved by Compensation Committee on May 26, 2026 for fiscal year ending March 31, 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1126741/000110465926067475/0001104659-26-067475-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1126741/000110465926067475/tm2615801d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-067475

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