GCT Semiconductor (GCTS) chair Lee Kyeongho receives 24,122 RSUs
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
Lee Kyeongho
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24,122 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,086,863 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
Post-grant holdings: 1,086,863 shares
Award reference amount: $27,500
+5 more
8 metrics
RSU grant size
24,122 shares
Common Stock award determined as of March 31, 2026
Post-grant holdings
1,086,863 shares
Total common shares directly owned after transaction
Award reference amount
$27,500
Dollar amount divided by fair market value to size RSU award
Fair market value per share
$1.14 per share
Fair market value of common stock on March 31, 2026
Par value
$0.0001 per share
Par value of GCT Semiconductor common stock
Vesting date
March 31, 2026
RSUs vest on this date, subject to continued service
Award period
April 1, 2025–March 31, 2026
Quarters over which RSU shares are determined
Transaction price
$0.0000 per share
Form 4 transaction price for grant/award acquisition
Key Terms
Restricted Stock Unit, fair market value, deferral election, vesting, +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.
fair market value financial
"by dividing $27,500 by the fair market value per share of Common Stock, which was determined to be $1.14"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
deferral election financial
"The RSUs become payable in Common Stock in accordance with a deferral election made by the reporting person."
vesting financial
"The RSUs will vest on March 31, 2026, subject to continued service through such date."
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.
par value financial
"one share of common stock, par value $0.0001 per share ("Common Stock") of GCT Semiconductor Holding, Inc."
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
What insider transaction did GCTS director Lee Kyeongho report on this Form 4?
Director Lee Kyeongho reported receiving a grant of 24,122 shares of GCT Semiconductor common stock. The shares come from Restricted Stock Units granted as compensation and are not an open-market purchase, with ownership directly attributed to him after the award.
When do Lee Kyeongho’s GCTS Restricted Stock Units vest and become payable?
The Restricted Stock Units vest on March 31, 2026, subject to Lee Kyeongho’s continued service through that date. After vesting, they become payable in GCT Semiconductor common stock, consistent with a deferral election made by the reporting person.
Does the GCTS RSU award to Lee Kyeongho involve any cash transaction?
The RSU grant was recorded at a price of $0.0000 per share on the Form 4, indicating it is a compensation award rather than a cash purchase. Value is tied to the fair market value of $1.14 per share used to size the grant.
What does each GCTS Restricted Stock Unit granted to Lee Kyeongho represent?
Each Restricted Stock Unit represents the right to receive one share of GCT Semiconductor common stock with par value $0.0001 per share. Delivery occurs in accordance with a deferral election after the RSUs vest, rather than via an immediate share issuance on grant date.