GCT Semiconductor director granted 9,259 RSUs
GCT Semiconductor Holding, Inc. director Hyunsoo Shin reported an equity compensation award of 9,259 shares of Common Stock in the form of Restricted Stock Units (RSUs).
Rhea-AI Filing Summary
GCT Semiconductor Holding, Inc. director Hyunsoo Shin reported an equity compensation award of 9,259 shares of Common Stock in the form of Restricted Stock Units (RSUs). The grant was made at a price of $0.00 per share under the GCT 2024 Omnibus Incentive Compensation Plan.
According to the award terms, the number of RSUs for the quarter ending June 30, 2026 was determined by dividing $27,500 by the $2.97 fair market value per share, rounded down to the nearest whole share. All RSUs from this award will vest on March 31, 2027, subject to continued service, and will then convert into an equal number of common shares, bringing Shin’s reported direct holdings to 814,068 shares after the transaction.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,259 | $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 $2.97 on June 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 ("RSUs") financial
Omnibus Incentive Compensation Plan financial
vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GCT Semiconductor (GCTS) report for director Hyunsoo Shin?
How many RSUs did GCT Semiconductor (GCTS) grant and how was the amount calculated?
When do Hyunsoo Shin’s RSUs at GCT Semiconductor (GCTS) vest?
Does the RSU grant to GCT Semiconductor (GCTS) director involve any cash payment?
What plan governs the RSU award reported for GCT Semiconductor (GCTS) director Shin?
AI-generated analysis. How Rhea-AI works. Not financial advice.