Form 4: GCT Semiconductor Holding Director Acquires Shares Through RSU Vesting

Kyeongho Lee, a director at GCT Semiconductor Holding, acquired 11,802 shares of common stock through the vesting of Restricted Stock Units (RSUs) on December 31, 2024.

Summary

• On December 31, 2024, Kyeongho Lee, a director at GCT Semiconductor Holding, acquired 11,802 shares of common stock through the vesting of Restricted Stock Units (RSUs).
• The RSUs vest on March 31, 2025, subject to continued service.
• The price per share was determined to be $2.33 on December 31, 2024.
• Following the transaction, Lee directly owns 1,697,279 shares of GCT Semiconductor Holding.
• The RSUs are payable in common stock according to a deferral election made by Lee.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an insider transaction. It doesn't inherently convey positive or negative sentiment.

Future Outlook

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

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

• The transaction increases the number of shares held by a director, which could be viewed positively by shareholders as it aligns the director's interests with theirs.

Next Steps

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

Key Dates