GCT Semiconductor (GCTS) director receives $27,500 RSU stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GCT Semiconductor Holding, Inc. director Chan Nelson reported an award of 24,122 shares of Common Stock as restricted stock units. The grant, valued at $27,500, was calculated by dividing that amount by the fair market value of $1.14 per share on March 31, 2026.
Each RSU converts into one share of common stock after vesting. The RSUs vest on March 31, 2026, subject to continued service through that date. Following this award, Nelson directly holds 125,642 shares of the company’s Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chan Nelson
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24,122 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 125,642 shares (Direct)
Footnotes (1)
- Represents Restricted Stock Units ("RSUs") acquired pursuant to the terms of the GCT Semiconductor Holding, Inc. (the "Issuer") GCT 2024 Omnibus Incentive Compensation Plan. Each RSU represents the right to receive one share of common stock, par value $0.0001 per share ("Common Stock") of the Issuer following vesting. 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, 2025 through March 31, 2026 (beginning with the quarter ending June 30, 2025) by dividing $27,500 by the fair market value per share of Common Stock, which was determined to be $1.14 on March 31, 2026, rounded down to the nearest whole share. The RSUs will vest on March 31, 2026, subject to continued service through such date. No expiration date is applicable to restricted stock units.
Key Figures
RSU grant size: 24,122 RSUs
Award value: $27,500
Fair market value per share: $1.14 per share
+2 more
5 metrics
RSU grant size
24,122 RSUs
Award of restricted stock units on March 31, 2026
Award value
$27,500
Fixed dollar value used to calculate RSU count
Fair market value per share
$1.14 per share
Fair market value of Common Stock on March 31, 2026
Shares after transaction
125,642 shares
Total Common Stock held directly after RSU award
Vesting date
March 31, 2026
RSUs vest subject to continued service through this date
Key Terms
Restricted Stock Units ("RSUs"), GCT 2024 Omnibus Incentive Compensation Plan, fair market value per share, vest, +1 more
5 terms
Restricted Stock Units ("RSUs") financial
"Represents Restricted Stock Units ("RSUs") acquired pursuant to the terms of the GCT Semiconductor Holding, Inc. ..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
GCT 2024 Omnibus Incentive Compensation Plan financial
"acquired pursuant to the terms of the GCT Semiconductor Holding, Inc. (the "Issuer") GCT 2024 Omnibus Incentive Compensation Plan."
vest financial
"The RSUs will vest on March 31, 2026, subject to continued service through such date."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Common Stock financial
"Each RSU represents the right to receive one share of common stock, par value $0.0001 per share ("Common Stock") of the Issuer"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Chan Nelson report in the GCTS Form 4 filing?
Chan Nelson reported receiving 24,122 restricted stock units of GCT Semiconductor Holding, Inc. The award is a stock-based compensation grant, not a market purchase, and reflects additional equity tied to future vesting conditions and continued board service.
When do Chan Nelson’s GCTS RSUs vest?
The restricted stock units vest on March 31, 2026. Vesting is conditional on continued service through that date, meaning the director must remain in the role until then for the RSUs to convert into common shares of GCT Semiconductor Holding, Inc.
Is the GCTS Form 4 transaction a stock purchase or compensation grant?
The transaction is a compensation grant, not an open-market stock purchase. It consists of 24,122 restricted stock units awarded under GCT’s 2024 Omnibus Incentive Compensation Plan, with no cash price per share and vesting tied to continued service.
Under which plan were the GCTS RSUs granted to Chan Nelson?
The RSUs were granted under the GCT 2024 Omnibus Incentive Compensation Plan. This plan provides equity-based awards such as restricted stock units, each giving the right to receive one share of GCT Semiconductor Holding, Inc. common stock upon meeting vesting conditions.