GCT Semiconductor (GCTS) chairman receives new RSU stock award
Rhea-AI Filing Summary
Lee Kyeongho reported acquisition or exercise transactions in this Form 4 filing.
GCT Semiconductor Holding, Inc. reported that Chairman and Class III Director Lee Kyeongho received an equity award of 9,259 shares of Common Stock on a grant/award basis, with no cash paid per share. The award is in the form of Restricted Stock Units, each representing one future share of common stock, and was determined for the quarter by dividing $27,500 by the $2.97 fair market value per share as of June 30, 2026, rounded down to the nearest whole share. The RSUs will vest on March 31, 2027, subject to Mr. Lee’s continued service through that date, and are payable in stock in accordance with his deferral election. Following this grant, Mr. Lee directly holds 1,096,122 shares of Common Stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,259 | $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, 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.