Form 4: GCT Semiconductor Director Shin Hyunsoo Acquires Restricted Stock Units

Director Shin Hyunsoo acquired 16,768 Restricted Stock Units (RSUs) of GCT Semiconductor Holding, Inc. on March 31, 2025, under the company's 2024 Omnibus Incentive Compensation Plan.

Summary

• On March 31, 2025, Shin Hyunsoo, a Class II Director of GCT Semiconductor Holding, Inc., acquired 16,768 Restricted Stock Units (RSUs).
• These RSUs were granted under the company's 2024 Omnibus Incentive Compensation Plan.
• The number of shares was determined by dividing $27,500 by the fair market value of the common stock ($1.64) on March 31, 2025.
• The RSUs vest on March 31, 2025, contingent upon continued service.
• Each RSU represents the right to receive one share of common stock of GCT Semiconductor Holding, Inc.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects a standard executive compensation practice that aligns management interests with shareholders. The RSU grant indicates confidence in the company's future performance.

Positives

• The acquisition of RSUs aligns the director's interests with the company's performance.
• The vesting schedule incentivizes continued service.

Future Outlook

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

Industry Context

This filing reflects standard executive compensation practices within the semiconductor industry, where equity-based compensation is common to align management and shareholder interests.

Comparison to Industry Standards

• Equity compensation is a common practice in the semiconductor industry to incentivize executives and align their interests with shareholders.
• Companies like Qualcomm, Broadcom, and Nvidia also utilize RSUs and stock options as part of their compensation packages.
• The vesting schedules and terms of these equity grants are typically structured to encourage long-term commitment and performance.

Stakeholder Impact

• The RSU grant aligns the director's interests with those of the shareholders.
• The vesting schedule incentivizes the director to contribute to the company's long-term success.

Key Dates

Keywords

Restricted Stock Units, RSUs, GCT Semiconductor, Director, Shin Hyunsoo, Beneficial Ownership, Form 4