GCT Semiconductor (GCTS) director receives 9,259 RSUs as equity pay
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shin Hyunsoo
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,259 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 814,068 shares (Direct, null)
Footnotes (1)
- 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. 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
RSUs granted: 9,259 shares
Transaction price per share: $0.00 per share
Award value basis: $27,500
+4 more
7 metrics
RSUs granted
9,259 shares
Restricted Stock Units awarded to director on June 30, 2026
Transaction price per share
$0.00 per share
Equity compensation, no cash paid by insider
Award value basis
$27,500
Quarterly amount used to determine RSUs for period
Fair market value
$2.97 per share
Common Stock fair market value on June 30, 2026
Shares after transaction
814,068 shares
Director’s direct Common Stock holdings following grant
Vesting date
March 31, 2027
RSUs vest subject to continued service through this date
Award period
April 1, 2026–March 31, 2027
Calendar quarters over which RSU amounts are determined
Key Terms
Restricted Stock Units ("RSUs"), fair market value per share, Omnibus Incentive Compensation Plan, vesting, +1 more
5 terms
Restricted Stock Units ("RSUs") financial
"Represents Restricted Stock Units ("RSUs") acquired pursuant to the terms"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Omnibus Incentive Compensation Plan financial
"GCT 2024 Omnibus Incentive Compensation Plan. Each RSU represents the right"
An omnibus incentive compensation plan is a single, flexible program that lets a company grant different kinds of pay — such as cash bonuses, stock options, restricted stock, or performance awards — to employees, executives and directors. Investors care because the plan affects how much ownership can be given away (dilution), how much the company spends on pay, and whether executives’ goals are aligned with shareholders, much like a menu that decides what rewards staff can pick and how costly they are.
vesting financial
"represents the right to receive one share of common stock ... following vesting."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did GCT Semiconductor (GCTS) report for director Hyunsoo Shin?
GCT Semiconductor reported that director Hyunsoo Shin received a grant of 9,259 Restricted Stock Units (RSUs) of Common Stock as equity compensation. The award was issued at $0.00 per share under the company’s 2024 Omnibus Incentive Compensation Plan.
How many RSUs did GCT Semiconductor (GCTS) grant and how was the amount calculated?
The company granted 9,259 RSUs to director Hyunsoo Shin. For the quarter ending June 30, 2026, the award size was determined by dividing $27,500 by the Common Stock’s $2.97 fair market value per share, then rounding down to the nearest whole share.
When do Hyunsoo Shin’s RSUs at GCT Semiconductor (GCTS) vest?
The RSUs granted to Hyunsoo Shin will fully vest on March 31, 2027, provided he continues serving through that date. Upon vesting, each RSU will convert into one share of GCT Semiconductor’s Common Stock, increasing his freely owned share count.
Does the RSU grant to GCT Semiconductor (GCTS) director involve any cash payment?
No cash payment is involved for this grant. The Form 4 shows 9,259 RSUs acquired at a transaction price of $0.00 per share, indicating the award is purely equity-based compensation under the GCT 2024 Omnibus Incentive Compensation Plan.
What plan governs the RSU award reported for GCT Semiconductor (GCTS) director Shin?
The RSU award was granted under the GCT 2024 Omnibus Incentive Compensation Plan. This plan allows the company to issue Restricted Stock Units where each RSU represents the right to receive one share of Common Stock following satisfaction of the specified vesting conditions.