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GigaCloud Technology (GCT) CEO-linked entities sell 40K Class A shares

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

GigaCloud Technology Inc insider entities associated with Chief Executive Officer Lei Wu reported selling a total of 40,000 Class A Ordinary Shares on January 7–8, 2026 under pre-established Rule 10b5-1 trading plans. The shares were sold in four transactions at weighted average prices ranging from about $41.37 to $42.48, with detailed price ranges provided for each trade. After these sales, the entities reported indirect beneficial ownership of 820,000 Class A Ordinary Shares and 7,276,732 Class B Ordinary Shares, with the Class B shares convertible into an equal number of Class A shares at no cost.

Positive

  • None.

Negative

  • None.
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
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Wu Lei

(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)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/07/2026
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 01/07/2026 S(1) 4,421 D $41.951(2) 855,579 I By Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited(3)(4)(5)
Class A Ordinary Shares, par value $0.05 per share 01/07/2026 S(1) 15,579 D $42.481(6) 840,000 I By Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited(3)(4)(5)
Class A Ordinary Shares, par value $0.05 per share 01/08/2026 S(1) 17,544 D $41.37(7) 822,456 I By Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited(3)(4)(5)
Class A Ordinary Shares, par value $0.05 per share 01/08/2026 S(1) 2,456 D $42.13(8) 820,000 I By Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited(3)(4)(5)
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
Class B Ordinary Shares, par value $0.05 per share (9) (9) (9) Class A Ordinary Shares, par value $0.05 per share 7,276,732 7,276,732 I By Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited(3)(5)(10)
1. Name and Address of Reporting Person*
Wu Lei

(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
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
1. Name and Address of Reporting Person*
JI XIANG HU TONG HOLDINGS 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
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
1. Name and Address of Reporting Person*
SHAN LAO HU TONG LLC

(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
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive 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 $41.12 and the highest price at which shares were sold was $42.115.
3. Lei Wu ("Mr. Wu") is the sole member and sole manager of a limited liability company, Shan Lao Hu Tong LLC, that is the sole shareholder of Ji Xiang Hu Tong Holdings Limited. As a result of these relationships, Mr. Wu may be deemed to be an indirect beneficial owner of the securities held by Ji Xiang Hu Tong Holdings Limited.
4. Represents Class A ordinary shares, par value of US$0.05 per share, of the Issuer ("Class A Ordinary Shares") directly held by Ji Xiang Hu Tong Holdings Limited.
5. 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.
6. Represents the weighted average sale price. The lowest price at which shares were sold was $42.125 and the highest price at which shares were sold was $43.08.
7. Represents the weighted average sale price. The lowest price at which shares were sold was $40.99 and the highest price at which shares were sold was $41.97.
8. Represents the weighted average sale price. The lowest price at which shares were sold was $42.01 and the highest price at which shares were sold was $42.31.
9. The Class B Ordinary Shares are convertible at any time at the option of the holder into an equal number of Class A Ordinary Shares at no cost.
10. Represents Class B ordinary shares, par value of US$0.05 per share, of the Issuer ("Class B Ordinary Shares") directly held by Ji Xiang Hu Tong Holdings Limited.
Remarks:
/s/ Lei Wu 01/09/2026
/s/ Lei Wu, for Ji Xiang Hu Tong Holdings Limited, By: Lei Wu, its director 01/09/2026
/s/ Lei Wu, for Shan Lao Hu Tong LLC, By: Lei Wu, its sole member 01/09/2026
** 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 insider share transactions did GCT report in this Form 4?

The filing reports that entities associated with GigaCloud Technology Inc (GCT) Chief Executive Officer Lei Wu sold a total of 40,000 Class A Ordinary Shares across four transactions on January 7 and 8, 2026.

Who executed the GCT insider trades and how are they related to Lei Wu?

The trades were reported as held indirectly "By Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited." Footnotes state that Lei Wu is the sole member and sole manager of Shan Lao Hu Tong LLC, which is the sole shareholder of Ji Xiang Hu Tong Holdings Limited, so he may be deemed an indirect beneficial owner of these securities.

Were the GCT insider sales made under a Rule 10b5-1 trading plan?

Yes. A footnote explains that the shares were sold pursuant to 10b5-1 plans, which are pre-arranged trading programs intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

At what prices were the GigaCloud Technology (GCT) shares sold?

The filing lists weighted average sale prices of $41.951, $42.481, $41.37, and $42.13 per Class A Ordinary Share, with footnotes providing specific low and high prices within each trade’s range.

How many GCT shares do the reporting entities hold after these transactions?

Following the reported sales, the entities reported indirect beneficial ownership of 820,000 Class A Ordinary Shares and 7,276,732 Class B Ordinary Shares. The Class B Ordinary Shares are convertible at any time into an equal number of Class A Ordinary Shares at no cost.

Does the filing admit that Lei Wu is the beneficial owner of all reported GCT shares?

No. A footnote states that the report shall not be deemed an admission that any reporting person is the beneficial owner of the securities for purposes of Section 16 of the Exchange Act or for any other purpose.

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