GigaCloud (GCT) Initial Insider Filing: 100 Class A Shares Reported
Rhea-AI Filing Summary
Kenneth E. Lebensburger Jr. filed an initial Form 3 reporting beneficial ownership in GigaCloud Technology Inc. (GCT). The event date is 08/18/2025. He is reported as a Director and filed as an individual reporting person. The filing shows direct ownership of 100 Class A ordinary shares (par value $0.05). The form was signed by an attorney-in-fact on 08/29/2025. The document contains no derivative holdings or additional transactions.
Positive
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Insights
TL;DR: Routine initial Section 16 filing; small direct holding by a director with no derivatives disclosed.
The Form 3 documents an initial beneficial ownership filing required for insiders. Reporting the director status and a direct holding of 100 Class A shares satisfies disclosure obligations. There are no derivative positions or indications of control changes. The filing appears administrative and not material to shareholders given the small share amount.
TL;DR: Non-material insider disclosure; no new economic exposure or transactions reported.
This Form 3 shows compliance with Section 16 timing and disclosure rules. It records 100 directly owned Class A shares and lacks any options, warrants, or convertible securities that could affect dilution. For investors, the filing provides transparency but contains no information that would materially affect valuation or control.