TUDER JEFFREY 4
Research Summary
AI-generated summary
GCT Semiconductor (GCTS) Director Jeffrey Tuder Receives RSU Award
What Happened
Jeffrey Tuder, a Class III Director of GCT Semiconductor Holding, Inc. (GCTS), was granted 24,122 restricted stock units (RSUs) on 2026-03-31. The RSUs were awarded at $0.00 per share (typical for grants) and represent an aggregate grant value of $27,500 based on a $1.14 fair market value per share used on 2026-03-31. The RSUs will convert into shares of common stock subject to vesting.
Key Details
- Transaction date: 2026-03-31 (Grant / Award, code A); Form 4 filed 2026-04-02 (appears timely under the two-business-day rule).
- Award: 24,122 RSUs; grant price recorded as $0.00; grant value $27,500 determined by dividing $27,500 by the $1.14 FMV on 3/31/2026.
- Vesting: RSUs vest on 2026-03-31, contingent on continued service through that date.
- Settlement: RSUs represent the right to receive one share of common stock per unit and will be paid in common stock in accordance with the reporting person's deferral election.
- Expiration: No expiration date for these RSUs.
- Shares owned after transaction: Not specified in the Form 4 filing.
Context
RSUs are a form of equity compensation that convert to shares upon vesting; this transaction is an award grant, not a market purchase or sale, and does not generate immediate cash proceeds. The award calculation here used a fixed dollar amount ($27,500) divided by the company's fair market value per share ($1.14) to determine the number of units granted.