Form 4: GCT Semiconductor Holding Director Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Jeffrey Tuder, a Class III Director of GCT Semiconductor Holding, reports a distribution and disposal of common stock and warrants.
Summary
- On March 26, 2025, Jeffrey Tuder, a Class III Director of GCT Semiconductor Holding, reported changes in beneficial ownership.
- These changes involve a distribution from Concord Sponsor Group III LLC to Tremson Capital Management, LLC.
- Tuder has sole voting and dispositive power over the shares he holds directly.
- He acquired 16,289 shares of common stock and disposed of 58,345 shares.
- Following these transactions, Tuder beneficially owns 20,734 warrants exercisable at $11.50, expiring five years from March 26, 2024.
- The warrants are currently exercisable.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to investors regarding the transactions of company directors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| March 26, 2024 | Date from which the warrants expire in five years. |
| March 26, 2025 | Date of the reported transactions (distribution and disposal of shares). |
| April 23, 2025 | Date of signature for the Form 4 filing. |
Keywords
beneficial ownership, Form 4, GCT Semiconductor Holding, Jeffrey Tuder, director, stock, warrants, distribution, disposal
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