Form 4: GCT Semiconductor Director Awarded RSUs

GCT Semiconductor Holding, Inc. Director Shin Hyunsoo received 18,092 Restricted Stock Units as part of the company's incentive plan.

Summary

• Shin Hyunsoo, a Director and Class II Director of GCT Semiconductor Holding, Inc. (GCTS), acquired 18,092 Restricted Stock Units (RSUs).
• The RSUs were granted on September 30, 2025, under the GCT 2024 Omnibus Incentive Compensation Plan.
• Each RSU represents the right to receive one share of common stock.
• The number of shares for the award is determined quarterly by dividing $27,500 by the fair market value per share of Common Stock, which was $1.52 on September 30, 2025.
• The RSUs will vest on March 31, 2026, contingent upon continued service through that date.
• Following this transaction, Shin Hyunsoo beneficially owns 712,413 shares of common stock.

Sentiment

Score: 7

Explanation: The grant of RSUs to a director is a positive sign of aligning management interests with shareholder value and is a routine, expected part of executive compensation, reflecting confidence in the company's future.

Positives

• The grant of Restricted Stock Units aligns the director's long-term interests with those of shareholders, promoting sustained company performance.
• The transaction is part of a structured incentive compensation plan, indicating a clear strategy for executive motivation and retention.

Future Outlook

The Restricted Stock Units are scheduled to vest on March 31, 2026, contingent on the director's continued service, indicating a future alignment of interests.

Industry Context

The grant of Restricted Stock Units to a director is a common practice in the technology and semiconductor industry for executive compensation, aiming to incentivize long-term performance and retain key talent. This aligns with standard corporate governance practices for public companies.

Comparison to Industry Standards

• Granting Restricted Stock Units (RSUs) to directors is a standard compensation practice across publicly traded companies, including those in the semiconductor sector, such as Qualcomm, Intel, or NVIDIA, which frequently use equity awards to align executive and director interests with shareholder value.
• The vesting schedule tied to continued service is typical for such awards, ensuring retention and commitment.
• The method of determining the number of shares based on a fixed dollar value and the fair market value per share is a common approach for quarterly or annual equity grants.

Corporate Governance

Related Party Transactions

• Grant of 18,092 Restricted Stock Units to Shin Hyunsoo, a Director of GCT Semiconductor Holding, Inc., under the GCT 2024 Omnibus Incentive Compensation Plan.

Stakeholder Impact

• Shareholders: The RSU grant aligns the director's financial interests with long-term shareholder value creation, potentially leading to more focused strategic decisions.
• Employees: The incentive plan framework may signal a commitment to performance-based compensation, potentially impacting employee morale and retention strategies.

Next Steps

• The Restricted Stock Units are expected to vest on March 31, 2026, subject to the director's continued service.

Key Dates

Keywords

GCT Semiconductor, GCTS, Restricted Stock Units, RSU, Insider Transaction, Director Compensation, Equity Grant, Incentive Plan