Open report — full analysis, no account required.
Sign up to generate reports and read filings that aren't on the open list.
Get notified when GSIT files again. Create a free account and we'll email you the moment its next filing is analyzed.
Get filing alertsGSI Technology holds annual meeting, elects five directors and approves executive pay
Filed August 21, 2026 · Period ending August 18, 2026 · ~1 min read
Key Changes
-
medium
Stockholders elected all five director nominees with support ranging from 91.4% to 95.4% of votes cast (15.5M–16.2M shares outstanding based on broker non-votes). Ruey L. Lu received lowest support at 91.4% (14,807,220 for vs. 1,396,509 withheld).
Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR → -
medium
Advisory say-on-pay vote passed with 94.6% support (15,296,402 for vs. 868,466 against, 38,861 abstentions, 9,535,179 broker non-votes).
Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR → -
low
Stockholders ratified BDO USA as independent auditor for fiscal 2027 with 98.4% support (25,328,122 for vs. 236,149 against, 174,637 abstentions).
Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR → -
low
Taiwan subsidiary extended facility lease for three years through August 2029 at NT$605,640 (~$19,015) monthly rent, or ~$228,180 annually.
Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
Summary
GSI Technology held its 2026 annual meeting on August 18, 2026, with stockholders approving all three proposals on the ballot. All five director nominees were elected with support ranging from 91.4% to 95.4% of votes cast, representing healthy but not unanimous backing. The advisory say-on-pay vote passed with 94.6% support, indicating broad stockholder approval of fiscal 2026 executive compensation.
Auditor ratification for BDO USA received 98.4% support. The vote tallies suggest approximately 25.7 million shares outstanding (based on total votes cast on the auditor proposal, which had no broker non-votes). Separately, the company's Taiwan subsidiary extended the lease on its 25,250 square foot facility in Chu-Pei City for three years at approximately $19,015 per month, or roughly $228,000 annually.
The facility serves as the primary office and operations center for the Taiwan subsidiary. This is a routine operational matter with minimal financial impact given the company's scale.
Section-by-Section Diff
Event · Item 1.01 — Entry into a Material Definitive Agreement
Item 1.01 — Entry into a Material Definitive Agreement filed; see Key Changes for terms.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
On August 18, 2026, GSI Technology Taiwan Inc., a wholly-owned subsidiary of GSI Technology, Inc. (the “Company”), entered into a Factory Lease Agreement (the “Lease Agreement”) with Tai Yuen Textile Co., Ltd. (the “Lessor”) extending the existing lease of the Company’s 25,250 square foot facility in Chu-Pei City, Taiwan (the “Premises”). The Company uses the Premises as the primary office and operations facility for its Taiwan subsidiary.
The Company's Taiwan subsidiary extended the lease on its 25,250 square foot facility in Chu-Pei City, which serves as the primary office and operations facility for the subsidiary. This is a renewal of an existing lease arrangement.
Thanks — your feedback helps us improve report quality.
Figures/quotes linked to EDGAR · Narrative written by AI · Aug 21, 2026 · How we verify