GCT Semiconductor (GCTS) grants 24,122 RSUs to director Chun Kukjin
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chun Kukjin reported acquisition or exercise transactions in this Form 4 filing.
GCT Semiconductor Holding, Inc. director Chun Kukjin received a grant of 24,122 shares of common stock as a stock award, recorded at a price of $0.00 per share. Following this award, his direct holdings total 89,377 common shares.
The award is structured as Restricted Stock Units, each representing one share of common stock after vesting. The number of RSUs for this quarter was set by dividing $27,500 by the fair market value of $1.14 per share on March 31, 2026, rounded down, and will vest on March 31, 2026, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chun Kukjin
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24,122 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 89,377 shares (Direct)
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 $1.14 on March 31, 2026, 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.
Key Figures
RSU grant size: 24,122 shares
Holdings after grant: 89,377 shares
Quarterly grant value base: $27,500
+2 more
5 metrics
RSU grant size
24,122 shares
Common Stock award on March 31, 2026
Holdings after grant
89,377 shares
Total direct common shares following transaction
Quarterly grant value base
$27,500
Amount divided by fair market value to set RSU count
Fair market value per share
$1.14 per share
Common Stock fair market value on March 31, 2026
Vesting date
March 31, 2026
RSUs vest subject to continued service through this date
Key Terms
Restricted Stock Unit, fair market value per share, deferral election, vest, +1 more
5 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share of common stock"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
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, 2026, 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.
restricted stock units financial
"No expiration date is applicable to restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
FAQ
What did GCTS director Chun Kukjin report on this Form 4?
Director Chun Kukjin reported receiving 24,122 shares of GCT Semiconductor common stock as a stock award. This grant is part of a Restricted Stock Unit arrangement and increased his direct holdings to 89,377 shares, reflecting routine equity-based director compensation rather than an open-market purchase.
How were Chun Kukjin’s 24,122 GCTS RSUs calculated?
The 24,122 RSUs were determined by dividing $27,500 by the fair market value of GCT Semiconductor common stock. On March 31, 2026, that value was $1.14 per share, and the result was rounded down to the nearest whole share, setting the grant size.
When do Chun Kukjin’s new GCTS RSUs vest?
The RSUs granted to Chun Kukjin will vest on March 31, 2026. Vesting is conditioned on his continued service through that date, meaning the shares are delivered only after this vesting date is reached and the service requirement is satisfied.
Does Chun Kukjin pay for the 24,122 GCTS RSUs he received?
The filing shows a transaction price of $0.00 per share for the 24,122-share award, indicating it is a compensation grant rather than a purchase. The economic value is tied to a $27,500 quarterly amount and the company’s fair market share price.