This report is based on public company disclosures, filings and announcements reviewed by GSN; figures are as stated by the company and have not been independently verified.

GCT Semiconductor Holding, Inc. (NYSE: GCTS) filed a Current Report on Form 8-K with the Securities and Exchange Commission on September 18, 2026. The filing, dated September 17, 2026, details the results of the company’s 2026 Annual Meeting of Stockholders held that same day. The document also references a separate 8-K filed on September 15, 2026, which outlines new executive compensation arrangements.

According to the filing, stockholders voted on two proposals during the annual meeting. The first proposal concerned the election of directors. The company stated that stockholders elected all of management’s nominees. The vote counts provided in the document show Robert J. Barker received 35,321,741 votes for, 3,545,422 votes withheld, and 11,989,240 broker non-votes. Hyunsoo Shin received 38,706,048 votes for, 161,115 votes withheld, and 11,989,240 broker non-votes.

The second proposal involved the ratification of the appointment of the independent registered public accounting firm. The Audit Committee of the Board of Directors had appointed BPM LLP for the fiscal year ending December 31, 2026. The filing states that stockholders ratified this appointment with 50,294,548 votes for, 312,376 votes against, and 249,479 abstentions.

The separate filing from September 15, 2026, disclosed changes to executive compensation. The Compensation Committee of the Board of Directors approved an incentive bonus plan for the second half of the 2026 calendar year. Under this plan, executive officers are eligible for cash bonuses based on company revenue targets and individual performance goals. The filing lists the target bonus for each executive officer as 25 percent of their base salary for the second half of 2026, assuming 100 percent performance. The executives named in the plan are John Schlaefer, Chief Executive Officer; Edmond Cheng, Chief Financial Officer and Corporate Secretary; Alex Sum, Senior Vice President of Sales and Marketing; and Jeongmin Kim, Vice President of Engineering and Chief Technology Officer.

The filing also noted a salary increase for Edmond Cheng. The Compensation Committee approved an increase to his annual base salary from $304,500 to $330,383, effective October 1, 2026. The document specifies that the description of the incentive plan is a summary and is qualified in its entirety by the full plan, which the company said will be filed as an exhibit to its Quarterly Report on Form 10-Q for the period ending September 30, 2026.

GCT Semiconductor Holding, Inc. is a semiconductor company headquartered in San Jose, California. The company designs and manufactures semiconductor devices. Its common stock trades on the New York Stock Exchange under the symbol GCTS. The company also has warrants trading under the symbol GCTS.WS. The filing identifies the company as an emerging growth company under SEC rules.

For investors, these filings provide transparency into the governance structure and leadership incentives of the company. The ratification of the auditor suggests no major disputes with the external accounting firm. The executive compensation details reveal how leadership pay is tied to specific financial and operational metrics for the remainder of the year.

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