GigaCloud Technology (GCT) director granted 790 Class A shares as equity compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
VISSER JAN WILLIAM reported acquisition or exercise transactions in this Form 4 filing.
GigaCloud Technology Inc director Jan William Visser received 790 Class A Ordinary Shares as a stock grant. The shares were issued at no cash cost under the company’s 2017 share incentive plan, reflecting equity-based compensation rather than a market purchase. Following this award, Visser directly holds 12,896 Class A Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
VISSER JAN WILLIAM
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares, par value $0.05 per share | 790 | $0.00 | -- |
Holdings After Transaction:
Class A Ordinary Shares, par value $0.05 per share — 12,896 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 790 shares
Grant price: $0.0000 per share
Holdings after transaction: 12,896 shares
3 metrics
Shares granted
790 shares
Class A Ordinary Shares awarded to director
Grant price
$0.0000 per share
Transaction price for awarded shares
Holdings after transaction
12,896 shares
Director’s direct Class A Ordinary Shares post-grant
Key Terms
restricted share units, 2017 share incentive plan, Class A Ordinary Shares
3 terms
FAQ
What did GigaCloud Technology (GCT) director Jan William Visser report in this Form 4?
Jan William Visser reported receiving 790 Class A Ordinary Shares as an equity grant. The award came at no cash cost and was issued under GigaCloud Technology’s 2017 share incentive plan, increasing his direct holdings to 12,896 shares after the transaction.
Was the Form 4 transaction for GigaCloud Technology (GCT) a stock purchase or a grant?
The Form 4 shows a share grant, not an open-market purchase. Code “A” indicates an award or other acquisition, and a zero transaction price confirms the 790 Class A Ordinary Shares were issued as compensation under the 2017 share incentive plan.