GCT Semiconductor awards Shin a 12,971-share grant
The share count was determined by dividing $27,500 by the common stock’s $2.12 fair market value per share and rounding down.
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Rhea-AI Filing Summary
GCT Semiconductor Holding, Inc. (GCTS) Class II Director Hyunsoo Shin acquired 12,971 restricted stock units (RSUs) on September 30, 2026, under the GCT 2024 Omnibus Incentive Compensation Plan. Each RSU represents the right to receive one common share after vesting. The RSUs vest on March 31, 2027, subject to continued service through that date. Shin's reported direct position following the award was 827,039 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2, F3, F4 | 12,971 | $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 $2.12 on September 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 technical
GCT 2024 Omnibus Incentive Compensation Plan financial
vest technical
FAQ
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How was GCTS director Hyunsoo Shin’s RSU award calculated?
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