Chun Kukjin 4
Research Summary
AI-generated summary
GCTS Director Chun Kukjin Receives RSU Award
What Happened Chun Kukjin, a Class I director of GCT Semiconductor Holding, Inc. (GCTS), was granted 24,122 restricted stock units (RSUs) on 2026-03-31. The reported acquisition price is $0.00 (award), with the company valuing common stock at $1.14 per share on 3/31/2026 — implying an aggregate underlying value of about $27,499. The RSUs will be settled in common stock per the reporting person’s deferral election and are not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-31; Form 4 filed 2026-04-02 (appears timely).
- Transaction type/code: Award/Grant (Code A).
- Shares granted: 24,122 RSUs; acquisition price reported as $0.00.
- Fair market value used: $1.14 per share on 3/31/2026; implied value ≈ $27.5K.
- Vesting: RSUs vest on 2026-03-31, subject to continued service through that date (per footnote).
- Settlement: Payable in common stock in accordance with the insider’s deferral election.
- Expiration: No expiration date for the RSUs.
- Shares owned following transaction: not disclosed in the filing.
Context RSUs are compensation awards that give the holder the right to receive shares upon vesting; they are not direct purchases of stock and therefore provide less immediate signal about the insider’s personal market view than open-market buys or sells. This grant reflects compensation/alignment with shareholders rather than an investment transaction.