GCT Semiconductor director awarded RSUs valued via $1.52 FMV on 09/30/2025
Rhea-AI Filing Summary
GCT Semiconductor Holding, Inc. director Nelson Chan was granted 18,092 restricted stock units (RSUs) on 09/30/2025 under the GCT 2024 Omnibus Incentive Compensation Plan. Each RSU converts to one share of common stock following vesting; the grant size was determined by dividing a fixed cash amount of $27,500 by the fair market value per share of $1.52 on the transaction date, producing the rounded share count. The RSUs vest on 03/31/2026 subject to continued service, and no expiration date applies. After the grant, the reporting person beneficially owns 78,604 shares.
Positive
- 18,092 RSUs granted to a director, increasing alignment with shareholders
- RSUs vest on 03/31/2026, tying compensation to continued service
- Beneficial ownership increased to 78,604 shares after the grant
Negative
- None.
Insights
Director awarded service-based RSUs totaling 18,092 shares, vesting March 31, 2026.
The grant was calculated from a $27,500 award divided by a $1.52 fair market value per share on 09/30/2025, yielding 18,092 RSUs. These units convert to one share each upon vesting and require continued service through 03/31/2026.
This is a standard compensation award for a director and increases the director's beneficial ownership to 78,604 shares, aligning personal stake with shareholder outcomes.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,092 | $0.00 | -- |
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, 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 $1.52 on September 30, 2025, 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.