GCT director granted 9,259 RSUs in stock award
Chan Nelson reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Chan Nelson reported acquisition or exercise transactions in this Form 4 filing.
GCT Semiconductor Holding, Inc. director Nelson Chan received an equity grant of 9,259 shares of Common Stock in the form of restricted stock units (RSUs). The award was granted at no cash cost and was issued under the GCT 2024 Omnibus Incentive Compensation Plan as part of director compensation.
The number of RSUs for this period was determined by dividing $27,500 by the fair market value per share of Common Stock, which was $2.97 on June 30, 2026, and rounding down. All RSUs from this award are scheduled to vest on March 31, 2027, subject to continued service. Following this grant, Chan’s reported direct holdings total 134,901 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,259 | $0.00 | $0.00 |
Footnotes (4)
- F1. Represents Restricted Stock Units ("RSUs") acquired pursuant to the terms of the GCT Semiconductor Holding, Inc. (the "Issuer") GCT 2024 Omnibus Incentive Compensation Plan. Each RSU represents the right to receive one share of common stock, par value $0.0001 per share ("Common Stock") of the Issuer following vesting.
- F2. The number of shares subject to and issuable under the award is determined on the last day of each calendar quarter during the period April 1, 2026 through March 31, 2027 (beginning with the quarter ending June 30, 2026) by dividing $27,500 by the fair market value per share of Common Stock, which was determined to be $2.97 on June 30, 2026, rounded down to the nearest whole share.
- F3. The RSUs will vest on March 31, 2027, subject to continued service through such date.
- F4. No expiration date is applicable to restricted stock units.
Key Figures
Key Terms
Restricted Stock Units ("RSUs") financial
GCT 2024 Omnibus Incentive Compensation Plan financial
vest financial
expiration date financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GCT Semiconductor (GCTS) director Nelson Chan report?
How was the number of RSUs for GCT Semiconductor (GCTS) director Nelson Chan determined?
When do Nelson Chan’s GCT Semiconductor (GCTS) RSUs vest?
What is Nelson Chan’s total reported GCT Semiconductor (GCTS) holding after this grant?
What plan governs the RSU grant to GCT Semiconductor (GCTS) director Nelson Chan?
AI-generated analysis. How Rhea-AI works. Not financial advice.