Chan Nelson 4

What Happened

• Chan Nelson, a Class I director of GCT Semiconductor Holding, Inc. (GCTS), was awarded 24,122 restricted stock units (RSUs) on 2026-03-31. The award is reported as an acquisition at $0.00 per share (transaction code A) and is based on a $27,500 grant amount divided by the fair market value ($1.14/share), yielding 24,122 RSUs (total economic value ≈ $27,500). The RSUs convert 1:1 into common stock upon vesting.

Key Details

• Transaction date: 2026-03-31; Form 4 filed: 2026-04-02.
• Award: 24,122 RSUs recorded at $0.00 per share; FMV used for calculation: $1.14/share.
• Economic value of award: approximately $27,500 (grant amount divided by FMV, rounded down).
• Vesting: RSUs vest on March 31, 2026, subject to continued service through that date (footnote F3).
• Conversion: Each RSU represents the right to one share of common stock; no expiration date for the RSUs (footnotes F1, F4).
• How the amount was determined: number of shares set by dividing $27,500 by the quarter-end FMV ($1.14), per plan rules (footnote F2).
• Shares owned after transaction: not specified in the provided excerpt.

Context

• These RSUs are a compensation award (not a cash purchase or sale). Awards like this are routine for directors and reflect compensation rather than an open-market buy or sell signal. The filing documents the grant mechanics and vesting condition; it does not indicate immediate sale or transfer of shares.