Lee Kyeongho 4

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.