Lee Kyeongho 4
4 · GCT Semiconductor Holding, Inc. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
GCT Semiconductor (GCTS) Chairman Lee Kyeongho Receives RSU Award
What Happened
Lee Kyeongho, a director and chairman of GCT Semiconductor Holding, Inc. (GCTS), received a grant of 9,259 restricted stock units (RSUs) on June 30, 2026. The filing reports the acquisition price as $0.00 (award), while the award size was determined from a $27,500 pool divided by a $2.97 fair market value per share (yielding 9,259 RSUs). These RSUs are compensation grants (not open‑market purchases or sales).
Key Details
- Transaction date: 2026-06-30 (Form 4 filed 2026-07-02; filing appears timely).
- Reported acquisition: 9,259 RSUs at $0.00; notional value per grant formula ≈ $27,500.
- Vesting: RSUs vest on March 31, 2027, subject to continued service through that date (Footnote F3).
- Payment form: Each RSU converts to one share of common stock upon vesting and will be paid in stock per the reporting person’s deferral election (Footnote F1).
- Calculation method: Number of RSUs determined quarterly by dividing $27,500 by the fair market value ($2.97 on 6/30/26) and rounding down (Footnote F2).
- Expiration: No expiration date applicable to these RSUs (Footnote F4).
- Shares owned after transaction: Not specified in this Form 4.
- Tax/withholding or other mechanics: No tax withholding or sale reported in this filing.
Context
Restricted stock units are compensation awards that convert to shares if vesting conditions are met; they are not the same as an open‑market purchase and do not by themselves signal an insider buying shares. This grant is a director/chairman compensation award determined by a fixed dollar amount divided by the quarter‑end share price.
Insider Transaction Report
- Award
Common Stock
[F1][F2][F3][F4]2026-06-30+9,259→ 1,096,122 total
Footnotes (4)
- [F1]Each Restricted Stock Unit ("RSU") represents the right to receive one share of common stock, par value $0.0001 per share ("Common Stock") of GCT Semiconductor Holding, Inc. (the "Issuer") following vesting. The RSUs become payable in Common Stock in accordance with a deferral election made by the reporting person.
- [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, 2026 through March 31, 2027 (beginning with the quarter ending June 30, 2026) by dividing $27,500 by the fair market value per share of Common Stock, which was determined to be $2.97 on June 30, 2026, rounded down to the nearest whole share.
- [F3]The RSUs will vest on March 31, 2027, subject to continued service through such date.
- [F4]No expiration date is applicable to restricted stock units.