Velarion · Company Intelligence
Compensation Brief
Fiscal year 2026 · Filings through 2026-09-22

GSI Technology (GSIT)

CEO Lee-Lean Shu was paid $1,989,770 in fiscal year 2026, ↑ up 249.6% from fiscal year 2025, the 55th percentile of its disclosed peer group (SEC filing 0001104659-26-084241 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$1,989,770 ↑
Lee-Lean Shu total, FY2026
55th
CEO pay percentile vs peers
—
CEO-to-median pay ratio
94.63%
Say-on-pay support, latest vote

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GSIT's next annual pay disclosure, estimated July 15, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2026

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Lee-Lean Shu$302,339$0$0$1,639,500$47,931$0$0$1,989,770
President and Chief Executive Officer
Patrick Chuang323,36100301,00023,96600648,327
Senior Vice President, Memory Design
Didier Lasserre290,44100301,00023,96605,400620,807
Vice President, Sales

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2026 totalFY2025 totalFY2024 totalΔ FY2025→2026
Lee-Lean Shu$1,989,770$569,167$873,636↑ +1,420,603
Patrick Chuang648,327435,575507,626↑ +212,752
Didier Lasserre620,807408,055480,106↑ +212,752

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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Companies that benchmark against GSIT
6 companies name GSIT as a compensation peer

The list of companies that name GSIT as a peer is temporarily unavailable — recheck shortly.

01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2026 total
Elizabeth CholawskyLead Independent Director$138,726
Haydn HsiehIndependent Director$95,580
Jack A. BradleyFormer director (through FY2026)$34,239
Ronald R. StegerIndependent Director$90,040
Ruey L. LuIndependent Director$93,819
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2026 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Haydn HsiehDirector2026-08-03A28,074$2$52,498CommonForm 4 ↗
Haydn HsiehDirector2026-08-03D27,48600Derivative, Class A CommonForm 4 ↗
Haydn HsiehDirector2026-08-03D28,07400Derivative, Class A CommonForm 4 ↗
Haydn HsiehDirector2026-08-03A27,486252,498CommonForm 4 ↗
Lee-Lean ShuDirector2026-08-05D100,00000Derivative, Class A CommonForm 4 ↗
Lee-Lean ShuDirector2026-08-13A100,00000Derivative, Class A CommonForm 4 ↗
Lee-Lean ShuDirector2026-08-13A100,00000Derivative, Class A CommonForm 4 ↗
Avidan AkeribVP, Associative Computing2026-08-13A40,00000Derivative, Class A CommonForm 4 ↗
Ping Tak WuVP, U.S. Operations2026-08-13A30,00000Derivative, Class A CommonForm 4 ↗
Didier LasserreDirector2026-08-13A40,00000Derivative, Class A CommonForm 4 ↗
Patrick ChuangSenior VP, Memory Design2026-08-13A40,00000Derivative, Class A CommonForm 4 ↗
Douglas M. SchirleCFO2026-08-13A40,00000Derivative, Class A CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2026

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Didier LasserreOPTION2026-02-02——20,000—$119,800
Didier LasserreOPTION2025-05-05——20,000—57,600
Didier LasserreOPTION2025-08-04——40,000—123,600
Patrick ChuangOPTION2026-02-02——20,000—119,800
Lee-Lean ShuOPTION2025-08-04——100,000—309,000
Lee-Lean ShuOPTION2026-02-02——150,000—898,500
Lee-Lean ShuOPTION2025-05-05——150,000—432,000
Patrick ChuangOPTION2025-08-04——40,000—123,600
Patrick ChuangOPTION2025-05-05——20,000—57,600
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Didier Lasserre$0$0$301,0000.0%
Patrick Chuang00301,0000.0%
Lee-Lean Shu001,639,5000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2026

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Lee-Lean ShuOption100,0003.96—
Didier LasserreOption40,0004.39—
Didier LasserreOption40,0003.96—
Patrick ChuangOption20,0007.23—
Patrick ChuangOption40,0002.94—
Patrick ChuangOption40,0004.39—
Lee-Lean ShuOption100,0004.39—
Lee-Lean ShuOption100,0004.08—
Lee-Lean ShuOption100,0002.94—
Didier LasserreOption40,0002.94—
Patrick ChuangOption40,0003.96—
Didier LasserreOption40,0004.08—
Lee-Lean ShuOption150,0007.23—
Didier LasserreOption20,0007.23—
Patrick ChuangOption40,0004.08—
Didier LasserreOption30,0007.26—
05

Incentive-plan design — the Compensation Discussion & Analysis

Our fundamental compensation philosophy is to align the compensation of our senior management with our annual and long-term business objectives, performance against those objectives and creation of stockholder value, as well as to offer compensation that will enable us to attract, retain, and appropriately reward executive officers whose contributions are necessary for our long-term success.

CEO STI target (% of salary)64%
CEO LTI target (% of salary)—
Independent consultantCompensia, Inc.
Clawback policytrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-08-2015,296,402868,46638,86194.63%Passed
20252025-08-2112,482,730172,18828,10498.64%Passed
20242024-08-2211,715,049276,59822,02897.69%Passed
20242024-08-2211,715,049276,59822,02897.69%Passed
20232023-08-2413,728,9701,076,90175,56492.73%Passed
20222022-08-2513,395,5044,135,539219,41375.47%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-08-2094.63%a
20252025-08-2198.64%b
20242024-08-2297.69%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)—
CEO total compensation—
Median employee compensation—
08

Director compensation — fiscal year 2026

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Elizabeth CholawskyIndependent · Lead Independent Director · Audit · Compensation (Chair) · Nominating and Governance$72,674$0$66,052—$0$138,726
Haydn HsiehIndependent · Audit · Compensation52,500043,080—095,580
Ruey L. LuIndependent · Audit · Nominating and Governance (Chair)50,739043,080—093,819
Ronald R. StegerIndependent · Audit (Chair) · Nominating and Governance · Newly elected38,348051,692—090,040
Jack A. BradleyIndependent · Nominating and Governance (Chair) · Not standing for re-election · Departed during FY34,23900—034,239
Lee-Lean ShuEmployee director · Board Chair000—00
09

Board fee structure and ownership guideline

Annual cash retainer$40,000
Annual equity retainer—
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 10,000 / 7,500
Stock ownership guideline3x annual cash retainer for Board service
09b

Total cost of the board

ComponentFY2026
Cash retainers and fees$248,500
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$248,500

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2026

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies GSI Technology names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including GSI Technology.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Immersion Corporation2026Eric Singer$1,137,880$1,923,000$0$395,000$5,066,691
2Aehr Test Systems2026Gayn Erickson474,0002,655,012040,0003,226,098
3Everspin Technologies2025Sanjeev Aggarwal450,0001,584,0000551,4542,586,384
4Kopin Corporation2025Michael Murray506,191600,692575,990463,3742,257,423
5Lantronix2026Saleel Awsare500,0001,208,4880400,0002,115,193
6GSI Technology2026Lee-Lean Shu302,33901,639,50047,9311,989,770
7AXT, Inc.2025Morris Young479,000983,4820172,9001,673,404
8QuickLogic Corporation2025Brian Faith468,000377,495001,196,495
9inTEST Corporation2025Richard Grant428,915400,003210,65554,6871,099,010
10Pixelworks, Inc2025Todd DeBonis473,025436,56200909,587
11Amtech Systems, Inc.2025Robert C. Daigle450,0000259,4100723,580
12NVE Corporation2026Daniel Baker449,918041,02680,353585,775

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
GSI Technology17.4%Options 100not disclosedCompensia, Inc.
Aehr Test Systemsnot disclosednot disclosedNonot disclosed
Amtech Systems, Inc.not disclosednot disclosednot disclosednot disclosed
AXT, Inc.not disclosedRSU 100not disclosedCompensia
Everspin Technologies122.5%RSU 100not disclosednot disclosed
Immersion Corporationnot disclosedRSU 100not disclosednot disclosed
inTEST Corporation15%not disclosedNoRadford
Kopin Corporationnot disclosednot disclosedNoAon plc (Human Capital Solutions practice)
Lantronix80%PSU 50 · RSU 50Yes — Relative TSRCompensation Strategies, Inc.
NVE Corporationnot disclosedOption 100not disclosednot disclosed
Pixelworks, Incnot disclosednot disclosedYes — TSR relative to Peer Groupnot disclosed
QuickLogic Corporation75%RSU 100not disclosedCompensia

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at GSI Technology in fiscal 2026?
As disclosed, Lee-Lean Shu (President and Chief Executive Officer) was the highest-paid executive at GSI Technology in fiscal 2026, with total compensation of $1,989,770.
How does GSI Technology's chief executive pay compare to its disclosed peer group?
As disclosed, Lee-Lean Shu's total compensation ranked at the 55th percentile of GSI Technology's disclosed peer group.
How did shareholders vote on GSI Technology's executive compensation?
As disclosed, 94.63% of shareholders supported GSI Technology's executive compensation in the latest say-on-pay vote.
How much does GSI Technology spend in total on board compensation for fiscal 2026?
As disclosed, GSI Technology reported total board compensation of $248,500 for fiscal 2026.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Lee-Lean ShuDEF 14A2026-07-160001104659-26-084241Section “Summary Compensation Table” · page 25. As printed: 1,989,770. Filing ↗machine: r1 · c35 · span 406094–406103
2Section 01, Patrick ChuangDEF 14A2026-07-160001104659-26-084241Section “Summary Compensation Table” · page 25. As printed: 648,327. Filing ↗machine: r3 · c35 · span 413594–413601
3Section 01, Didier LasserreDEF 14A2026-07-160001104659-26-084241Section “Summary Compensation Table” · page 25. As printed: 620,807. Filing ↗machine: r5 · c35 · span 421168–421175
4Section 03, Didier Lasserre OPTIONDEF 14A2026-07-160001104659-26-084241Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t11 · r6 · c8 · span 367005–367011
5Section 03, Didier Lasserre OPTIONDEF 14A2026-07-160001104659-26-084241Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t11 · r6 · c8 · span 367005–367011
6Section 03, Didier Lasserre OPTIONDEF 14A2026-07-160001104659-26-084241Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t11 · r3 · c8 · span 358013–358019
7Section 03, Patrick Chuang OPTIONDEF 14A2026-07-160001104659-26-084241Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t11 · r5 · c8 · span 364015–364021
8Section 03, Lee-Lean Shu OPTIONDEF 14A2026-07-160001104659-26-084241Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t11 · r1 · c8 · span 352089–352096
9Section 03, Lee-Lean Shu OPTIONDEF 14A2026-07-160001104659-26-084241Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t11 · r4 · c8 · span 361000–361007
10Section 03, Lee-Lean Shu OPTIONDEF 14A2026-07-160001104659-26-084241Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t11 · r4 · c8 · span 361000–361007
11Section 03, Patrick Chuang OPTIONDEF 14A2026-07-160001104659-26-084241Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t11 · r2 · c8 · span 355041–355047
12Section 03, Patrick Chuang OPTIONDEF 14A2026-07-160001104659-26-084241Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t11 · r5 · c8 · span 364015–364021
13Section 07, pay ratio10-K2026-06-050001104659-26-070962Section “CEO Pay Ratio”. As printed: —. Filing ↗
14Section 08, Elizabeth CholawskyDEF 14A2026-07-160001104659-26-084241Section “Director Compensation”. As printed: 138,726. Filing ↗machine: t19 · r2 · c17 · span 638009–638016
15Section 08, Haydn HsiehDEF 14A2026-07-160001104659-26-084241Section “Director Compensation”. As printed: 95,580. Filing ↗machine: t19 · r3 · c17 · span 640110–640116
16Section 08, Ruey L. LuDEF 14A2026-07-160001104659-26-084241Section “Director Compensation”. As printed: 93,819. Filing ↗machine: t19 · r4 · c17 · span 642184–642190
17Section 08, Ronald R. StegerDEF 14A2026-07-160001104659-26-084241Section “Director Compensation”. As printed: 90,040. Filing ↗machine: t19 · r5 · c17 · span 644289–644295
18Section 08, Jack A. BradleyDEF 14A2026-07-160001104659-26-084241Section “Director Compensation”. As printed: 34,239. Filing ↗machine: t19 · r1 · c5 · span 634916–634922
19Section 08, Lee-Lean ShuDEF 14A2026-07-160001104659-26-084241Section “Director Compensation”. As printed: 0. Filing ↗
20Section 02, Haydn Hsieh 2026-08-03Form 42026-08-040001444540-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Haydn Hsieh 2026-08-03Form 42026-08-040001444540-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Haydn Hsieh 2026-08-03Form 42026-08-040001444540-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Haydn Hsieh 2026-08-03Form 42026-08-040001444540-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Lee-Lean Shu 2026-08-05Form 42026-08-070001394413-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Lee-Lean Shu 2026-08-13Form 42026-08-140001394413-26-000011Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Lee-Lean Shu 2026-08-13Form 42026-08-140001394413-26-000011Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Avidan Akerib 2026-08-13Form 42026-08-140001932651-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Ping Tak Wu 2026-08-13Form 42026-08-140001394447-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Didier Lasserre 2026-08-13Form 42026-08-140001394410-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Patrick Chuang 2026-08-13Form 42026-08-140002009849-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Douglas M. Schirle 2026-08-13Form 42026-08-140001394412-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
32Section 06, 2026 voteForm 8-K2026-08-210001104659-26-099675Item 5.07 · say-on-pay result. As reported: 94.63% (votes for as printed: 15,296,402). Filing ↗
33Section 06, 2025 voteForm 8-K2025-08-220001104659-25-081942Item 5.07 · say-on-pay result. As reported: 98.64% (votes for as printed: 12,482,730). Filing ↗
34Section 06, 2024 voteForm 8-K2024-08-230001104659-24-092416Item 5.07 · say-on-pay result. As reported: 97.69%. Filing ↗
35Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
36Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
37Section 09b board cost (computed)Computed——Cash 248,500 + equity 0 + all other 0 = 248,500, summed across the director compensation table rows.machine: formula: Σ = 248,500
38Immersion Corporation, Section 10b CEO totalDEF 14A2026-08-280001193125-26-374299CEO total compensation as printed in Immersion Corporation's own proxy. As printed: 5,066,691. Filing ↗
39Aehr Test Systems, Section 10b CEO totalDEF 14A2026-09-090001654954-26-008222CEO total compensation as printed in Aehr Test Systems's own proxy. As printed: 3,226,098. Filing ↗machine: r3 · c24 · span 285761–285770
40Everspin Technologies, Section 10b CEO totalDEF 14A2026-04-070001628280-26-024076CEO total compensation as printed in Everspin Technologies's own proxy. As printed: 2,586,384. Filing ↗machine: span 337469–337478
41Kopin Corporation, Section 10b CEO totalDEF 14A2026-04-220001493152-26-018400CEO total compensation as printed in Kopin Corporation's own proxy. As printed: 2,257,423. Filing ↗machine: span 438656–438665
42Lantronix, Section 10b CEO totalDEF 14A2026-09-220001140361-26-037329CEO total compensation as printed in Lantronix's own proxy. As printed: 2,115,193. Filing ↗machine: r2 · c24 · span 621598–621607
43GSI Technology (subject), Section 10b CEO totalDEF 14A2026-07-160001104659-26-084241CEO total compensation as printed in GSI Technology's own proxy. As printed: 1,989,770. Filing ↗machine: r1 · c35 · span 406094–406103
44AXT, Inc., Section 10b CEO totalDEF 14A2026-03-310001437749-26-010661CEO total compensation as printed in AXT, Inc.'s own proxy. As printed: 1,673,404. Filing ↗machine: r6 · c28 · span 442207–442216
45QuickLogic Corporation, Section 10b CEO totalDEF 14A2026-03-270001437749-26-010092CEO total compensation as printed in QuickLogic Corporation's own proxy. As printed: 1,196,495. Filing ↗machine: span 283569–283578
46inTEST Corporation, Section 10b CEO totalDEF 14A2026-04-280001036262-26-000024CEO total compensation as printed in inTEST Corporation's own proxy. As printed: 1,099,010. Filing ↗machine: t46 · r2 · c22 · span 384281–384290
47Pixelworks, Inc, Section 10b CEO totalDEF 14A2026-04-170001040161-26-000024CEO total compensation as printed in Pixelworks, Inc's own proxy. As printed: 909,587. Filing ↗machine: span 418195–418202
48Amtech Systems, Inc., Section 10b CEO totalDEF 14A2026-01-230001193125-26-020762CEO total compensation as printed in Amtech Systems, Inc.'s own proxy. As printed: 723,580. Filing ↗machine: t7 · r3 · c26 · span 258228–258235
49NVE Corporation, Section 10b CEO totalDEF 14A2026-06-220001376474-26-000455CEO total compensation as printed in NVE Corporation's own proxy. As printed: 585,775. Filing ↗machine: r1 · c24 · span 215373–215380
50Section 10a, Lantronix reciprocityDEF 14A—0001140361-26-037329Lantronix's most recent proxy was read; its disclosed peer group does not include GSI Technology. Filing ↗
51Section 10a, AXT, Inc. reciprocityDEF 14A—0001437749-26-010661AXT, Inc. names GSI Technology in its own disclosed peer group (read from its most recent proxy). Filing ↗
52Section 10a, QuickLogic Corporation reciprocityDEF 14A—0001437749-26-010092QuickLogic Corporation names GSI Technology in its own disclosed peer group (read from its most recent proxy). Filing ↗

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