TUDER JEFFREY 4
Research Summary
AI-generated summary
GCTS Director Jeffrey Tuder Receives 9,259 RSUs
What Happened
Jeffrey Tuder, a Class III director of GCT Semiconductor Holding, Inc. (GCTS), received an award of 9,259 restricted stock units (RSUs) reported on 2026-06-30. The Form 4 shows acquisition price $0.00 because this was a compensation award, not a cash purchase. The grant corresponds to a fixed award value of $27,500; the number of RSUs was calculated by dividing $27,500 by the fair market value per share of $2.97 on 6/30/2026 (rounded down to 9,259). The RSUs are payable in common stock following vesting.
Key Details
- Transaction date: 2026-06-30 (Form 4 filed 2026-07-07).
- Reported acquisition: 9,259 RSUs, acquisition price $0.00 (award). Implied grant value: $27,500.
- Vesting: RSUs vest on March 31, 2027, subject to continued service through that date.
- Payment: RSUs convert to shares of common stock in accordance with the reporting person’s deferral election.
- Expiration: No expiration date for these RSUs.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Timeliness: Form 4 filed July 7, 2026 for a 6/30/2026 award; Form 4s are normally due within two business days of the transaction, so this filing appears later than the typical reporting window.
Context
This is a standard equity compensation grant to a director (award, not a market purchase or sale). RSU grants are common retention/compensation tools and only convert to actual shares if the vesting conditions (here, continued service through 3/31/2027) are satisfied. Because this is a non-cash award, it should not be interpreted as a buy/sell signal in the same way as open-market purchases or sales.