Form 4: GCT Semi Director Kyeongho Lee Granted 18,092 RSUs

Kyeongho Lee, Chairman and Class III Director of GCT Semiconductor Holding, Inc., was granted 18,092 Restricted Stock Units (RSUs) on September 30, 2025.

Summary

• Kyeongho Lee, Chairman and Class III Director of GCT Semiconductor Holding, Inc. (GCTS), was granted 18,092 Restricted Stock Units (RSUs).
• The transaction date for this grant was September 30, 2025.
• Each RSU represents the right to receive one share of GCT Semiconductor's common stock upon vesting.
• The number of shares for the award is determined quarterly from April 1, 2025, through March 31, 2026, by dividing $27,500 by the fair market value per share.
• On September 30, 2025, the fair market value per share was determined to be $1.52.
• The RSUs are scheduled to vest on March 31, 2026, contingent upon Mr. Lee's continued service through that date.
• Following this transaction, Mr. Lee beneficially owns a total of 1,039,825 shares.

Sentiment

Score: 6

Explanation: The RSU grant is a neutral to slightly positive event, as it increases insider ownership and aligns management incentives with shareholder interests, though it implies future minor dilution.

Positives

• The RSU grant increases Kyeongho Lee's beneficial ownership, further aligning his interests with those of shareholders.
• This grant serves as a form of performance-based compensation, incentivizing Mr. Lee's continued service and contribution to the company.

Negatives

• The future conversion of these RSUs into common stock will result in a minor dilution for existing shareholders.

Risks

• The vesting of the 18,092 RSUs is contingent on Kyeongho Lee's continued service through March 31, 2026; failure to meet this condition would result in forfeiture of the award.

Future Outlook

The RSUs are expected to vest on March 31, 2026, converting into common stock, provided Kyeongho Lee continues his service. The final number of shares will be determined based on quarterly fair market value calculations through March 31, 2026.

Industry Context

This RSU grant is a standard practice for executive and director compensation in the technology sector, aiming to align leadership incentives with long-term shareholder value. It reflects a common method for retaining key personnel and motivating performance through equity ownership.

Comparison to Industry Standards

• NA

Stakeholder Impact

• Shareholders: Potential for minor dilution upon RSU vesting and conversion into common stock. Increased alignment of management interests with shareholder value.
• Kyeongho Lee (Reporting Person): Receives performance-based compensation, contingent on continued service, which will convert into equity.

Next Steps

• The RSUs will continue to be subject to quarterly share determination based on fair market value until March 31, 2026.
• The RSUs are expected to vest on March 31, 2026, contingent on Kyeongho Lee's continued service.

Key Dates

Keywords

GCT Semiconductor, GCTS, Restricted Stock Units, RSU grant, insider transaction, Kyeongho Lee, director compensation, equity award