[Form 4] GigaCloud Technology Inc Insider Trading Activity
GigaCloud Technology Inc (GCT) Form 4: Iman Schrock, listed as President and officer, reported transactions with an earliest transaction date of 08/21/2025. The filing shows a sale of 9,000 Class A ordinary shares at a reported price of $29.936 per share. After the reported transaction(s), the reporting person beneficially owns 20,000 Class A ordinary shares in a direct ownership form. The filing explains these shares represent Class A ordinary shares issued pursuant to restricted share units under the issuer's 2017 share incentive plan. The Form 4 is signed by an attorney-in-fact, Lei Wu, on 08/22/2025.
GigaCloud Technology Inc (GCT) Modulo Form 4: Iman Schrock, indicata come President e officer, ha comunicato operazioni con data della prima transazione il 21/08/2025. Il deposito riporta la vendita di 9.000 azioni ordinarie di Classe A al prezzo dichiarato di $29,936 per azione. Dopo le transazioni indicate, la persona che segnala detiene beneficiariamente 20.000 azioni ordinarie di Classe A in forma di proprietà diretta. Il documento specifica che tali azioni rappresentano azioni ordinarie di Classe A emesse a seguito di restricted share units ai sensi del piano di incentivazione azionaria 2017 dell'emittente. Il Form 4 è firmato per procura dall'avvocato Lei Wu in data 22/08/2025.
GigaCloud Technology Inc (GCT) Formulario 4: Iman Schrock, registrada como President y officer, informó transacciones con fecha de la primera operación el 21/08/2025. La presentación muestra la venta de 9.000 acciones ordinarias Clase A a un precio informado de $29,936 por acción. Tras las transacciones notificadas, la persona informante posee beneficiariamente 20.000 acciones ordinarias Clase A en forma de propiedad directa. El formulario aclara que estas acciones corresponden a acciones ordinarias Clase A emitidas conforme a unidades de acciones restringidas (restricted share units) bajo el plan de incentivos accionarios 2017 del emisor. El Form 4 está firmado por apoderado, Lei Wu, con fecha 22/08/2025.
GigaCloud Technology Inc (GCT) Form 4: President 겸 officer로 등재된 Iman Schrock가 최초 거래일이 2025-08-21인 거래를 보고했습니다. 제출서류에는 주당 보고된 가격 $29.936에 9,000주 Class A 보통주를 매도한 내용이 기재되어 있습니다. 보고된 거래 이후, 보고인은 직접 보유 형태로 20,000주 Class A 보통주의 실질적 소유권을 보유하고 있습니다. 서류는 이 주식들이 발행인의 2017 주식 인센티브 플랜에 따른 제한부 주식 단위(restricted share units)에 의해 발행된 Class A 보통주임을 설명합니다. Form 4는 Lei Wu라는 법정대리인에 의해 2025-08-22에 서명되었습니다.
GigaCloud Technology Inc (GCT) Formulaire 4 : Iman Schrock, inscrite en tant que President et officer, a déclaré des transactions dont la première date est le 21/08/2025. Le dépôt indique la vente de 9 000 actions ordinaires de Classe A à un prix déclaré de 29,936 $ par action. Après les transactions signalées, la personne déclarante détient à titre bénéficiaire 20 000 actions ordinaires de Classe A en propriété directe. Le formulaire précise que ces actions représentent des actions ordinaires de Classe A émises au titre d'unités d'actions restreintes (restricted share units) en vertu du plan d'incitation en actions 2017 de l'émetteur. Le Form 4 est signé par un mandataire, Lei Wu, le 22/08/2025.
GigaCloud Technology Inc (GCT) Form 4: Iman Schrock, aufgeführt als President und Officer, meldete Transaktionen mit dem frühesten Transaktionsdatum 21.08.2025. Die Einreichung weist den Verkauf von 9.000 Class A Stammaktien zu einem angegebenen Preis von $29,936 pro Aktie aus. Nach den gemeldeten Transaktionen besitzt die meldende Person wirtschaftlich 20.000 Class A Stammaktien in direktem Eigentum. Die Einreichung erklärt, dass diese Aktien Class A Stammaktien sind, die im Rahmen von Restricted Share Units nach dem Aktienanreizplan 2017 des Emittenten ausgegeben wurden. Das Form 4 ist am 22.08.2025 von einem Bevollmächtigten, Lei Wu, unterschrieben worden.
- Disclosure compliance: The insider transaction is reported on Form 4 with transaction date and details, supporting regulatory transparency.
- Continued ownership: The reporting person still beneficially owns 20,000 Class A ordinary shares after the reported transaction.
- Insider sale: The President sold 9,000 Class A ordinary shares at $29.936 per share, which could be viewed negatively by some investors.
Insights
TL;DR: Officer sale of 9,000 shares at $29.936; retains 20,000 shares from RSUs, a routine insider liquidity event.
The filing documents a direct sale by the company's President on 08/21/2025 of 9,000 Class A ordinary shares at $29.936 each, with 20,000 shares remaining beneficially owned. The shares originated from restricted share units granted under the 2017 incentive plan, per the explanation. This is a standard Section 16 disclosure of insider activity; no derivative transactions or additional unusual terms are reported. The document is signed by an attorney-in-fact, indicating the filing was made by a representative rather than the reporting person personally.
TL;DR: Transaction is disclosed and tied to RSUs; disclosure appears complete and compliant with Section 16 reporting.
The Form 4 records the disposition of 9,000 shares and states the remaining 20,000 shares are held directly. The filing includes the customary explanatory note that shares were issued pursuant to restricted share units under the 2017 plan. The signature by an attorney-in-fact is properly provided. There are no indications of other related-party transactions, plans (e.g., 10b5-1), or amendments in this filing.
GigaCloud Technology Inc (GCT) Modulo Form 4: Iman Schrock, indicata come President e officer, ha comunicato operazioni con data della prima transazione il 21/08/2025. Il deposito riporta la vendita di 9.000 azioni ordinarie di Classe A al prezzo dichiarato di $29,936 per azione. Dopo le transazioni indicate, la persona che segnala detiene beneficiariamente 20.000 azioni ordinarie di Classe A in forma di proprietà diretta. Il documento specifica che tali azioni rappresentano azioni ordinarie di Classe A emesse a seguito di restricted share units ai sensi del piano di incentivazione azionaria 2017 dell'emittente. Il Form 4 è firmato per procura dall'avvocato Lei Wu in data 22/08/2025.
GigaCloud Technology Inc (GCT) Formulario 4: Iman Schrock, registrada como President y officer, informó transacciones con fecha de la primera operación el 21/08/2025. La presentación muestra la venta de 9.000 acciones ordinarias Clase A a un precio informado de $29,936 por acción. Tras las transacciones notificadas, la persona informante posee beneficiariamente 20.000 acciones ordinarias Clase A en forma de propiedad directa. El formulario aclara que estas acciones corresponden a acciones ordinarias Clase A emitidas conforme a unidades de acciones restringidas (restricted share units) bajo el plan de incentivos accionarios 2017 del emisor. El Form 4 está firmado por apoderado, Lei Wu, con fecha 22/08/2025.
GigaCloud Technology Inc (GCT) Form 4: President 겸 officer로 등재된 Iman Schrock가 최초 거래일이 2025-08-21인 거래를 보고했습니다. 제출서류에는 주당 보고된 가격 $29.936에 9,000주 Class A 보통주를 매도한 내용이 기재되어 있습니다. 보고된 거래 이후, 보고인은 직접 보유 형태로 20,000주 Class A 보통주의 실질적 소유권을 보유하고 있습니다. 서류는 이 주식들이 발행인의 2017 주식 인센티브 플랜에 따른 제한부 주식 단위(restricted share units)에 의해 발행된 Class A 보통주임을 설명합니다. Form 4는 Lei Wu라는 법정대리인에 의해 2025-08-22에 서명되었습니다.
GigaCloud Technology Inc (GCT) Formulaire 4 : Iman Schrock, inscrite en tant que President et officer, a déclaré des transactions dont la première date est le 21/08/2025. Le dépôt indique la vente de 9 000 actions ordinaires de Classe A à un prix déclaré de 29,936 $ par action. Après les transactions signalées, la personne déclarante détient à titre bénéficiaire 20 000 actions ordinaires de Classe A en propriété directe. Le formulaire précise que ces actions représentent des actions ordinaires de Classe A émises au titre d'unités d'actions restreintes (restricted share units) en vertu du plan d'incitation en actions 2017 de l'émetteur. Le Form 4 est signé par un mandataire, Lei Wu, le 22/08/2025.
GigaCloud Technology Inc (GCT) Form 4: Iman Schrock, aufgeführt als President und Officer, meldete Transaktionen mit dem frühesten Transaktionsdatum 21.08.2025. Die Einreichung weist den Verkauf von 9.000 Class A Stammaktien zu einem angegebenen Preis von $29,936 pro Aktie aus. Nach den gemeldeten Transaktionen besitzt die meldende Person wirtschaftlich 20.000 Class A Stammaktien in direktem Eigentum. Die Einreichung erklärt, dass diese Aktien Class A Stammaktien sind, die im Rahmen von Restricted Share Units nach dem Aktienanreizplan 2017 des Emittenten ausgegeben wurden. Das Form 4 ist am 22.08.2025 von einem Bevollmächtigten, Lei Wu, unterschrieben worden.