Form 4: GCT Semiconductor Holding Director Reports Changes in Beneficial Ownership

Sentiment:

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

DateDescription
March 26, 2024Date from which the warrants expire in five years.
March 26, 2025Date of the reported transactions (distribution and disposal of shares).
April 23, 2025Date 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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