Chan Nelson 4

What Happened

• Chan Nelson, a Class I director of GCT Semiconductor Holding, Inc. (GCTS), was granted 9,259 restricted stock units (RSUs) on June 30, 2026. The award price is listed as $0.00 (a grant), and the RSUs are valued at about $2.97 per share, implying an aggregate grant value of roughly $27,500.
• This was an award/grant (transaction code A), not an open‑market purchase or sale. The RSUs represent the right to receive one share of common stock per RSU upon vesting.

Key Details

• Transaction date: 2026-06-30; Form 4 filed: 2026-07-02 (timely).
• Number of RSUs granted: 9,259; grant price reported: $0.00.
• Fair market value used to compute shares: $2.97 per share on 6/30/2026; implied aggregate value ≈ $27,500.
• Vesting: RSUs will vest on March 31, 2027, subject to continued service through that date.
• Shares owned after the transaction: not specified in the provided filing.
• Notable plan mechanics: the number of shares for this award is determined quarterly during April 1, 2026–March 31, 2027 by dividing $27,500 by the quarter‑end FMV, rounded down; RSUs have no expiration date.

Context

• RSUs are a deferred compensation award: they do not convert into actual shares until they vest, so this grant does not immediately change outstanding share ownership.
• Because this is a grant (not a purchase or sale), it should be viewed as a compensation award rather than a direct insider market signal.