Form 4: GCT Semiconductor Director Robert Barker Receives Equity Grant

GCT Semiconductor Holding, Inc. Director Robert Barker was granted 18,456 Restricted Stock Units (RSUs) on June 30, 2025, as part of his compensation.

Summary

• Robert Barker, a Director and Class II Director of GCT Semiconductor Holding, Inc. (GCTS), acquired 18,456 shares of common stock in the form of Restricted Stock Units (RSUs).
• The transaction date for this acquisition was June 30, 2025.
• The number of RSUs was determined by dividing $27,500 by the fair market value of Common Stock, which was $1.49 per share on June 30, 2025, rounded down to the nearest whole share.
• Following this transaction, Robert Barker beneficially owns 77,321 shares of common stock.
• Each RSU represents the right to receive one share of common stock following vesting, payable in common stock in accordance with a deferral election.
• The RSUs will vest on March 31, 2026, subject to continued service through that date.

Sentiment

Score: 5

Explanation: The document reports a routine equity grant to a director, which is a standard compensation practice and does not indicate any significant positive or negative operational or financial developments for the company.

Positives

• The grant of Restricted Stock Units to a director aligns management's interests with those of shareholders, as the value of the compensation is tied to the company's stock performance.

Risks

• The vesting of the Restricted Stock Units is subject to the reporting person's continued service through March 31, 2026.

Future Outlook

The Restricted Stock Units granted to Robert Barker are scheduled to vest on March 31, 2026, contingent upon his continued service to the company through that date.

Industry Context

The grant of Restricted Stock Units to a director is a common form of equity compensation in publicly traded companies across various industries, designed to align the interests of directors with those of shareholders and incentivize long-term commitment.

Comparison to Industry Standards

• The practice of granting Restricted Stock Units (RSUs) as part of director compensation is a standard industry practice across public companies, including those in the semiconductor sector.
• The structure, where the number of shares is determined by a fixed dollar value divided by the fair market value of the stock, is a common method for calculating equity grants.

Related Party Transactions

• The acquisition of Restricted Stock Units by Robert Barker, a Director of GCT Semiconductor Holding, Inc., constitutes a related party transaction as it involves compensation from the company to a member of its board.

Stakeholder Impact

• Shareholders: The grant of RSUs to a director helps align the director's financial interests with those of the shareholders, potentially encouraging decisions that enhance long-term shareholder value.
• Employees: While not directly impacting all employees, such compensation practices are part of the overall corporate governance and compensation structure that can influence employee morale and retention.

Next Steps

• The Restricted Stock Units are scheduled to vest on March 31, 2026, subject to continued service.

Key Dates

Keywords

GCT Semiconductor, GCTS, Robert Barker, Form 4, SEC filing, Restricted Stock Units, RSU, equity grant, director compensation, beneficial ownership