GCT Semiconductor (NASDAQ: GCTS) director reports new 22,916 RSU award
Rhea-AI Filing Summary
GCT Semiconductor Holding, Inc. reported an equity award to one of its directors in the form of restricted stock units (RSUs). On 12/31/2025, the director was granted 22,916 RSUs tied to the company’s common stock at a stated price of $0, increasing the director’s beneficial ownership to 105,255 shares.
Each RSU represents the right to receive one share of common stock after vesting and will be settled in stock under a deferral election made by the director. The number of RSUs for this award is determined quarterly from April 1, 2025 through March 31, 2026 by dividing $27,500 by the fair market value per share, which was $1.20 on 12/31/2025 for this portion. These RSUs are scheduled to vest on March 31, 2026, subject to the director’s continued service, and have no stated expiration date.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 22,916 | $0.00 | -- |
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents the right to receive one share of common stock, par value $0.0001 per share ("Common Stock") of GCT Semiconductor Holding, Inc. (the "Issuer") following vesting. The RSUs become payable in Common Stock in accordance with a deferral election made by the reporting person. 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, 2025 through March 31, 2026 (beginning with the quarter ending June 30, 2025) by dividing $27,500 by the fair market value per share of Common Stock, which was determined to be $1.20 on December 31, 2025, rounded down to the nearest whole share. The RSUs will vest on March 31, 2026, subject to continued service through such date. No expiration date is applicable to restricted stock units.
FAQ
What insider transaction did GCT Semiconductor Holding, Inc. (GCTS) report?
GCT Semiconductor Holding, Inc. reported that a director acquired 22,916 restricted stock units (RSUs) tied to its common stock on 12/31/2025, recorded at a price of $0.
How are the GCTS restricted stock units calculated for this director award?
The number of RSUs is determined on the last day of each calendar quarter from April 1, 2025 through March 31, 2026 by dividing $27,500 by the fair market value per share of GCT Semiconductor Holding, Inc. common stock, rounded down to the nearest whole share.
When do the reported GCTS RSUs vest for the director?
The RSUs granted to the director are scheduled to vest on March 31, 2026, subject to the director’s continued service through that date.
How will the GCTS restricted stock units be settled for the director?
Each RSU represents the right to receive one share of GCT Semiconductor Holding, Inc. common stock after vesting and becomes payable in stock in accordance with a deferral election made by the reporting person.
Do the GCTS restricted stock units reported have an expiration date?
The filing states that no expiration date is applicable to the restricted stock units reported for the director.