Form 4: ICEBERY/COO Xinyan Hao Reports Sale of 13,742 GCT Shares

Rhea-AI Filing Summary

GigaCloud Technology Inc. insider sale disclosed on Form 4. Chief Operating Officer Xinyan Hao (through ICEBERY LIMITED) reported the sale of 13,742 Class A Ordinary Shares on 09/29/2025 at a weighted average price of $30.0204 per share, with the lowest sale price at $30.00 and highest at $30.08. After the reported transactions, the reporting person beneficially owns 793,744 Class A Ordinary Shares indirectly through ICEBERY LIMITED.

The filing states the shares were sold pursuant to pre-established 10b5-1 plans. The Form 4 was signed by an attorney-in-fact on behalf of the reporting persons and includes the filer’s address at GigaCloud Technology Inc., El Monte, CA.

Positive

• Sale executed under a 10b5-1 trading plan, indicating pre-established instructions for the transactions
• Clear disclosure of weighted average price and price range (weighted average $30.0204; low $30.00; high $30.08)
• Post-transaction ownership disclosed (793,744 Class A Ordinary Shares held indirectly by ICEBERY LIMITED)

Negative

• Insider disposition of 13,742 Class A Ordinary Shares on 09/29/2025 (reported under transaction code S(1))
• Ownership is indirect through ICEBERY LIMITED, requiring reliance on the entity-level disclosure to understand ultimate control

Insights

Securities Analyst

TL;DR: Officer sold a small block under a 10b5-1 plan; holdings remain substantial at 793,744 shares.

The Form 4 shows a single-day disposition of 13,742 Class A shares by the Chief Operating Officer via ICEBERY LIMITED at a weighted average price of $30.0204, with sales occurring between $30.00 and $30.08. The report explicitly states the sales were executed under 10b5-1 plans, indicating the transactions were preplanned. Post-transaction indirect beneficial ownership is 793,744 shares. For investors, this is a routine Section 16 disclosure of insider selling under an established plan rather than an ad hoc sale, and the filing does not disclose any derivative transactions or additional changes in ownership beyond the numbers reported.

Corporate Governance Expert

TL;DR: Disclosure is orderly and includes required explanations; beneficial ownership remains via ICEBERY LIMITED.

The filing contains the required Section 16 details: reporting person identity, relationship (COO), transaction date, transaction code S(1) indicating sale under a trading plan, quantity sold (13,742 shares), weighted average sale price ($30.0204), and resulting indirect ownership (793,744 shares) held by ICEBERY LIMITED. The report includes an explanatory footnote that Xinyan Hao is sole shareholder and director of ICEBERY LIMITED and notes the filing is not an admission of beneficial ownership. The form is signed by an attorney-in-fact. This is a complete, routine insider sale disclosure without additional governance events reported.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Hao Xinyan

(Last) (First) (Middle)

C/O GIGACLOUD TECHNOLOGY INC

4388 SHIRLEY AVENUE

(Street)

EL MONTE CA 91731

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GigaCloud Technology Inc [ GCT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/29/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Ordinary Shares, par value $0.05 per share	09/29/2025		S(1)		13,742	D	$30.0204(2)	793,744	I	By ICEBERY LIMITED(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Hao Xinyan

(Last) (First) (Middle)

C/O GIGACLOUD TECHNOLOGY INC

4388 SHIRLEY AVENUE

(Street)

EL MONTE CA 91731

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

1. Name and Address of Reporting Person^*

ICEBERY LTD

(Last) (First) (Middle)

C/O GIGACLOUD TECHNOLOGY INC

4388 SHIRLEY AVENUE

(Street)

EL MONTE CA 91731

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

Explanation of Responses:

1. The shares were sold pursuant to the 10b5-1 plans.

2. Represents the weighted average sale price. The lowest price at which shares were sold was $30.0 and the highest price at which shares were sold was $30.08.

3. The securities are directly held by ICEBERY LIMITED. Xinyan Hao is the sole shareholder and sole director of ICEBERY LIMITED and may be deemed to be an indirect beneficial owner of the securities held by ICEBERY LIMITED. This report shall not be deemed an admission that any of the reporting persons is the beneficial owner of such securities for purposes of Section 16 of Securities Exchange Act of 1934, as amended, or for any other purpose.

Remarks:

	/s/ Lei Wu, Attorney-in-fact, for each of the reporting persons named herein	09/30/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did GCT insider Xinyan Hao sell according to the Form 4?

The Form 4 reports the sale of 13,742 Class A Ordinary Shares on 09/29/2025 under transaction code S(1).

At what price were the GCT shares sold in the filing?

The weighted average sale price was $30.0204; the lowest sale price was $30.00 and the highest was $30.08.

How many GCT shares does the reporting person own after the sale?

After the reported transactions, the reporting person beneficially owns 793,744 Class A Ordinary Shares indirectly through ICEBERY LIMITED.

Were the sales part of a planned trading arrangement?

Yes. The filing states the shares were sold pursuant to 10b5-1 plans.

Who signed the Form 4 for the reporting persons?

The Form 4 is signed by /s/ Lei Wu, Attorney-in-fact for each reporting person, dated 09/30/2025.