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

Robert Barker, a director at GCT Semiconductor Holding, reported the acquisition and disposal of common stock and restricted stock units (RSUs) on June 30, 2024.

Summary

• Robert Barker, a director at GCT Semiconductor Holding, filed a Form 4 detailing changes in beneficial ownership.
• On June 30, 2024, Barker acquired 5,278 shares of common stock through the vesting of Restricted Stock Units (RSUs).
• Barker also disposed of 21,152 shares of common stock.
• The RSUs vest on March 31, 2025, subject to continued service.
• The number of shares issuable under the RSU award is determined quarterly by dividing $27,500 by the fair market value per share of Common Stock, which was determined to be $5.21 on June 28, 2024.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing changes in beneficial ownership. 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

Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates changes in Robert Barker's holdings of GCT Semiconductor Holding stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates