Form 4: GCT Semiconductor Director Acquires Shares Through Restricted Stock Units

Sentiment:

SEC Form 4 Filing


Robert Barker, a director of GCT Semiconductor Holding, Inc., acquired 11,802 shares of common stock on December 31, 2024, through the vesting of restricted stock units.

Summary

  • On December 31, 2024, Robert Barker, a director of GCT Semiconductor Holding, Inc., acquired 11,802 shares of common stock.
  • This acquisition was through the vesting of restricted stock units (RSUs).
  • The number of shares was determined by dividing $27,500 by the fair market value of the common stock ($2.33) on December 31, 2024.
  • The RSUs will vest on March 31, 2025, contingent upon continued service.
  • The reporting person has made a deferral election regarding when the RSUs become payable in Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and insider confidence, without indicating any immediate financial distress or negative events.

Future Outlook

The RSUs will vest on March 31, 2025, subject to continued service.

Industry Context

This Form 4 filing is a routine disclosure of a company insider's stock transactions, which is common in the semiconductor industry and publicly traded companies.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it reflects insider confidence in the company's future.

Key Dates

DateDescription
12/31/2024Date of transaction: Robert Barker acquired 11,802 shares of common stock through RSUs.
03/31/2025RSUs will vest subject to continued service through this date.
01/02/2025Date of signature for the Form 4 filing.

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