Barker Robert 4
Research Summary
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GCT Semiconductor (GCTS) Director Robert Barker Receives RSU Award (24,122)
What Happened
Robert Barker, a Class II director of GCT Semiconductor Holding, Inc. (GCTS), received an award of 24,122 restricted stock units (RSUs) on March 31, 2026. The RSUs are recorded at $0.00 acquisition price (a grant) and were calculated by dividing a $27,500 target amount by the fair market value of $1.14 per share on March 31, 2026, then rounding down. Based on the $1.14 FMV, the notional value of the granted shares is roughly $27.5K. The RSUs are subject to vesting and will be payable in common stock per the reporting person’s deferral election.
Key Details
- Transaction date: 2026-03-31; reported on Form 4 filed 2026-04-02.
- Transaction type/code: Award/Grant (A); price listed $0.00 because this is an RSU grant.
- Shares granted: 24,122 RSUs (each RSU entitles holder to one share upon settlement). Implied value ≈ $27,499 based on $1.14 FMV.
- Vesting: RSUs will vest on March 31, 2026, subject to continued service through that date.
- Shares owned after transaction: Not specified in the filing.
- Other notes from filing: RSUs become payable in common stock per a deferral election; no expiration date applies to these RSUs.
Context
RSUs are a form of compensation that convert to actual shares only upon vesting and settlement; they are not an open-market purchase and do not immediately increase tradable float. This filing documents a grant (compensation) rather than a purchase or sale. The Form 4 was filed two days after the transaction date (filed 2026-04-02 for a 2026-03-31 report), which is generally within the normal two-business-day reporting window.