GCT Semiconductor director granted 24,122 RSUs
GCT Semiconductor Holding, Inc. director Chan Nelson reported an award of 24,122 shares of Common Stock as restricted stock units.
Rhea-AI Filing Summary
GCT Semiconductor Holding, Inc. director Chan Nelson reported an award of 24,122 shares of Common Stock as restricted stock units. The grant, valued at $27,500, was calculated by dividing that amount by the fair market value of $1.14 per share on March 31, 2026.
Each RSU converts into one share of common stock after vesting. The RSUs vest on March 31, 2026, subject to continued service through that date. Following this award, Nelson directly holds 125,642 shares of the company’s Common Stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24,122 | $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, 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 Units ("RSUs") financial
GCT 2024 Omnibus Incentive Compensation Plan financial
vest financial
Common Stock financial
FAQ
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What did Chan Nelson report in the GCTS Form 4 filing?
When do Chan Nelson’s GCTS RSUs vest?
Is the GCTS Form 4 transaction a stock purchase or compensation grant?
Under which plan were the GCTS RSUs granted to Chan Nelson?
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