GCT Semiconductor (GCTS) chair Lee Kyeongho receives 24,122 RSUs
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 a grant of 24,122 shares of Common Stock as a stock award. The award stems from Restricted Stock Units, each representing one share of common stock after vesting.
The number of RSUs was set by dividing $27,500 by the fair market value of the common stock, which was $1.14 per share on March 31, 2026, rounded down to the nearest whole share. These RSUs vest on March 31, 2026, subject to continued service, and are payable in common stock under a deferral election. Following this grant, Lee directly owns 1,086,863 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24,122 | $0.00 | $0.00 |
Footnotes (4)
- F1. 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.
- 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, 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.
- F3. The RSUs will vest on March 31, 2026, subject to continued service through such date.
- F4. No expiration date is applicable to restricted stock units.
Key Figures
Key Terms
Restricted Stock Unit financial
fair market value financial
deferral election financial
vesting financial
par value financial
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