Chun Kukjin 4
Research Summary
AI-generated summary
GCT Semiconductor Director Chun Kukjin Receives 9,259 RSUs
What Happened
- Chun Kukjin, a Class I director of GCT Semiconductor Holding, Inc. (GCTS), received an award of 9,259 restricted stock units (RSUs) on June 30, 2026. The award has an acquisition price of $0.00 (i.e., granted, not purchased) and is worth roughly $27,500 based on a $2.97 fair market value per share.
Key Details
- Transaction date: 2026-06-30; Form 4 filed: 2026-07-02.
- Award type/code: A (grant/award) — 9,259 RSUs at $0.00 per share.
- Grant value basis: The number of shares was set by dividing $27,500 by the fair market value ($2.97) as of June 30, 2026, rounded down.
- Vesting: RSUs vest on March 31, 2027, subject to continued service through that date.
- Payment form: RSUs convert to common stock (one share per RSU) in accordance with the reporting person’s deferral election.
- Expiration: No expiration date applies to these RSUs.
- Shares owned after transaction: Not specified in the filing.
Context
- RSUs are a deferred equity award — they do not represent immediately tradable shares. They convert to common stock only after vesting (here, 3/31/2027) and are typically used for compensation and retention rather than immediate liquidity.
- This is an award/grant (not a purchase or sale), so it should be viewed as compensation rather than a direct market signal. The filing appears timely (filed two days after the transaction date).