Director at GCT Semiconductor (GCTS) granted 9,259 RSUs as award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GCT Semiconductor Holding, Inc. director Chun Kukjin reported an equity compensation grant rather than an open-market trade. He acquired 9,259 shares of common stock at a reported price of $0.00 per share as part of a restricted stock unit award, bringing his direct holdings to 98,636 shares.
The award size is determined quarterly from April 1, 2026 through March 31, 2027 by dividing $27,500 by the fair market value of the stock; on June 30, 2026 that value was $2.97 per share. The RSUs vest on March 31, 2027, subject to continued service, and will be settled in common stock under a deferral election.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chun Kukjin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,259 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 98,636 shares (Direct, null)
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, 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. The RSUs will vest on March 31, 2027, subject to continued service through such date. No expiration date is applicable to restricted stock units.
Key Figures
Shares granted: 9,259 shares
Price per share: $0.00 per share
Holdings after grant: 98,636 shares
+4 more
7 metrics
Shares granted
9,259 shares
Common stock awarded on June 30, 2026
Price per share
$0.00 per share
Reported transaction price for the grant
Holdings after grant
98,636 shares
Total direct common stock holdings following transaction
Quarterly award value
$27,500
Value used to determine RSU shares each quarter
Fair market value
$2.97 per share
Fair market value on June 30, 2026 used for calculation
Award period
April 1, 2026–March 31, 2027
Quarters over which RSU share amounts are determined
Vesting date
March 31, 2027
RSUs vest subject to continued service through this date
Key Terms
Restricted Stock Unit ("RSU"), fair market value per share, deferral election, vest
4 terms
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share of common stock..."
deferral election financial
"The RSUs become payable in Common Stock in accordance with a deferral election made by the reporting person."
vest financial
"The RSUs will vest on March 31, 2027, subject to continued service through such date."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did GCTS director Chun Kukjin report in this Form 4 filing?
Director Chun Kukjin reported receiving an equity compensation grant of 9,259 shares of GCT Semiconductor Holding common stock. The grant reflects a restricted stock unit award rather than an open-market trade, increasing his direct holdings to 98,636 shares after the transaction.
When will Chun Kukjin’s GCTS restricted stock units vest?
The restricted stock units will vest on March 31, 2027, provided Chun Kukjin continues to serve through that date. Once vested, the RSUs become payable in common stock according to a deferral election he previously made with the company.
Is this GCTS Form 4 transaction a stock purchase or sale in the market?
The transaction is not an open-market purchase or sale. It reflects a grant or award of restricted stock units that convert into 9,259 shares at no cash cost, as part of director compensation, rather than a discretionary buy or sell transaction.
What are Chun Kukjin’s GCTS holdings after this Form 4 transaction?
Following the grant, Chun Kukjin directly holds 98,636 shares of GCT Semiconductor Holding common stock. This figure reflects his position after the 9,259-share award was added and helps indicate the scale of this compensation grant relative to his total stake.
Over what period will the size of Chun Kukjin’s GCTS RSU award be determined?
The number of shares subject to the RSU award is calculated on the last day of each calendar quarter from April 1, 2026 through March 31, 2027. Each quarter uses a $27,500 value divided by that quarter-end fair market value per share.