STOCK TITAN

GigaCloud Technology (GCT) CTO-affiliated entity sells 60,000 Class A shares

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

GigaCloud Technology Inc reported that an entity associated with Chief Technology Officer Xin Wan, Faithful Winner Holdings Limited, sold a total of 60,000 Class A ordinary shares on August 11, 2026 in open-market or private transactions at weighted average prices of $50.55 and $51.40 per share. The shares are held by Faithful Winner Holdings Limited, and Xin Wan may be deemed an indirect beneficial owner, subject to a disclaimer of beneficial ownership. Separately, Xin Wan holds 15,600 Class A ordinary shares directly and 5,500 Restricted Share Units, each representing a contingent right to receive one Class A share upon vesting after a 12‑month period, subject to continuous service.

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Insider WAN XIN, FAITHFUL WINNER HOLDINGS LTD
Role Chief Technology Officer | Chief Technology Officer
Sold 60,000 shs ($3.06M)
Type Security Shares Price Value
Sale Class A Ordinary Shares, par value $0.05 per share F1, F2, F3 32,372 $50.55 $1.64M
Sale Class A Ordinary Shares, par value $0.05 per share F4, F2, F3 27,628 $51.40 $1.42M
holding Restricted Share Units F5, F6 -- -- --
holding Class A Ordinary Shares, par value $0.05 per share -- -- --
Holdings After Transaction: Class A Ordinary Shares, par value $0.05 per share — 657,540 shares (Indirect, By FAITHFUL WINNER HOLDINGS LIMITED); Restricted Share Units — 5,500 shares (Direct); Class A Ordinary Shares, par value $0.05 per share — 15,600 shares (Direct)
Footnotes (6)
  1. F1. Represents the weighted average sale price. The lowest price at which shares were sold was $50.02 and the highest price at which shares were sold was $51.01.
  2. F2. The securities are directly held by FAITHFUL WINNER HOLDINGS LIMITED. Xin Wan is the sole shareholder and sole director of FAITHFUL WINNER HOLDINGS LIMITED and may be deemed to be an indirect beneficial owner of the securities held by FAITHFUL WINNER HOLDINGS LIMITED.
  3. F3. 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.
  4. F4. Represents the weighted average sale price. The lowest price at which shares were sold was $51.02 and the highest price at which shares were sold was $51.78.
  5. F5. Each Restricted Share Unit ("RSU") represents a contingent right to receive one share of Class A ordinary shares of the Issuer when vested.
  6. F6. The RSUs will be vested at the end of the twelve (12)-month period commencing from the date of grant, subject to continuous service. Vested shares will be delivered to the reporting person following vesting.
Shares sold block 1 32,372 shares Class A ordinary shares sold on August 11, 2026 at $50.55 weighted average
Shares sold block 2 27,628 shares Class A ordinary shares sold on August 11, 2026 at $51.40 weighted average
Total shares sold 60,000 shares Combined Class A ordinary shares sold indirectly via Faithful Winner Holdings Limited
Price range block 1 $50.02–$51.01 Range of prices for trades included in the $50.55 weighted average sale
Price range block 2 $51.02–$51.78 Range of prices for trades included in the $51.40 weighted average sale
Direct share holdings 15,600 shares Class A ordinary shares held directly by Xin Wan after reported transactions
RSU underlying shares 5,500 shares Underlying Class A shares for Restricted Share Units held directly by Xin Wan
RSU vesting period 12 months RSUs vest at the end of a 12-month period from grant, subject to service
Restricted Share Units financial
"Each Restricted Share Unit ("RSU") represents a contingent right to receive one share"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
weighted average sale price financial
"Represents the weighted average sale price. The lowest price at which shares"
indirect beneficial owner financial
"Xin Wan is the sole shareholder and sole director ... and may be deemed to be an indirect beneficial owner"
continuous service financial
"The RSUs will be vested at the end of the twelve (12)-month period ... subject to continuous service."

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transactions did GCT report for Xin Wan on August 11, 2026?

GigaCloud Technology Inc reported that an entity associated with CTO Xin Wan sold 60,000 Class A shares on August 11, 2026 in open-market or private transactions at weighted average prices of $50.55 and $51.40 per share.

At what prices were the 60,000 GCT shares sold by Faithful Winner Holdings Limited?

The 60,000 GigaCloud Class A shares were sold at weighted average prices of $50.55 and $51.40. Footnotes state price ranges: $50.02–$51.01 for one block and $51.02–$51.78 for the other, reflecting multiple trades within each range.

How many GCT shares did each sale block involve for Xin Wan’s associated entity?

Faithful Winner Holdings Limited sold 32,372 Class A shares at a weighted average price of $50.55 and 27,628 Class A shares at a weighted average price of $51.40, for a combined total of 60,000 shares sold on August 11, 2026.

What direct GCT equity holdings does Xin Wan report after these transactions?

Xin Wan reports direct ownership of 15,600 Class A ordinary shares of GigaCloud Technology Inc and 5,500 Restricted Share Units, each RSU representing a contingent right to receive one Class A share when vested, subject to continuous service.

What are the vesting terms of Xin Wan’s 5,500 GCT Restricted Share Units?

Each RSU represents a contingent right to receive one Class A share. The RSUs vest at the end of a 12‑month period starting from the grant date, subject to continuous service, and vested shares will be delivered to Xin Wan after vesting.
SEC Form 4
FORM 4UNITED 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).
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*
WAN XIN

(Last)(First)(Middle)
C/O GIGACLOUD TECHNOLOGY INC
4388 SHIRLEY AVENUE

(Street)
EL MONTE CALIFORNIA 91731

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
GigaCloud Technology Inc [ GCT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Technology Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Ordinary Shares, par value $0.05 per share08/11/2026S32,372D$50.55(1)685,168IBy FAITHFUL WINNER HOLDINGS LIMITED(2)(3)
Class A Ordinary Shares, par value $0.05 per share08/11/2026S27,628D$51.4(4)657,540IBy FAITHFUL WINNER HOLDINGS LIMITED(2)(3)
Class A Ordinary Shares, par value $0.05 per share15,600D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Units(5) (6) (6)Class A Ordinary Shares, par value $0.05 per share5,5004,600D
1. Name and Address of Reporting Person*
WAN XIN

(Last)(First)(Middle)
C/O GIGACLOUD TECHNOLOGY INC
4388 SHIRLEY AVENUE

(Street)
EL MONTE CALIFORNIA 91731

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Technology Officer
1. Name and Address of Reporting Person*
FAITHFUL WINNER HOLDINGS LTD

(Last)(First)(Middle)
C/O GIGACLOUD TECHNOLOGY INC
4388 SHIRLEY AVENUE

(Street)
EL MONTE CALIFORNIA 91731

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Technology Officer
Explanation of Responses:
1. Represents the weighted average sale price. The lowest price at which shares were sold was $50.02 and the highest price at which shares were sold was $51.01.
2. The securities are directly held by FAITHFUL WINNER HOLDINGS LIMITED. Xin Wan is the sole shareholder and sole director of FAITHFUL WINNER HOLDINGS LIMITED and may be deemed to be an indirect beneficial owner of the securities held by FAITHFUL WINNER HOLDINGS LIMITED.
3. 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.
4. Represents the weighted average sale price. The lowest price at which shares were sold was $51.02 and the highest price at which shares were sold was $51.78.
5. Each Restricted Share Unit ("RSU") represents a contingent right to receive one share of Class A ordinary shares of the Issuer when vested.
6. The RSUs will be vested at the end of the twelve (12)-month period commencing from the date of grant, subject to continuous service. Vested shares will be delivered to the reporting person following vesting.
Remarks:
/s/ Lei Wu, Attorney-in-fact, for each of the reporting persons named herein08/12/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)