GigaCloud (NASDAQ: GCT) president receives 5,000-share equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GigaCloud Technology Inc reported that its President, Iman AJ Schrock, acquired 5,000 Class A ordinary shares on April 7, 2026. The shares were issued at $0.00 per share pursuant to restricted share units granted under the company’s 2017 share incentive plan. Following this equity award, Schrock directly holds 25,000 Class A ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SCHROCK IMAN AJ
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares, par value $0.05 per share | 5,000 | $0.00 | -- |
Holdings After Transaction:
Class A Ordinary Shares, par value $0.05 per share — 25,000 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 5,000 shares
Price per share: $0.00 per share
Shares held after: 25,000 shares
+2 more
5 metrics
Shares granted
5,000 shares
Class A ordinary shares issued on April 7, 2026
Price per share
$0.00 per share
Transaction price for the 5,000-share award
Shares held after
25,000 shares
Direct Class A ordinary share holdings after the grant
Par value
$0.05 per share
Par value of Class A ordinary shares
Transaction date
April 7, 2026
Date of share issuance under RSUs
Key Terms
restricted share units, 2017 share incentive plan, Class A Ordinary Shares
3 terms
FAQ
What insider transaction did GigaCloud (GCT) report for its President?
GigaCloud reported that President Iman AJ Schrock received 5,000 Class A ordinary shares. The shares were issued as equity compensation pursuant to restricted share units under the company’s 2017 share incentive plan, rather than being purchased in the open market.
What type of security did GigaCloud (GCT) grant to its President?
GigaCloud issued Class A ordinary shares with a par value of $0.05 per share to its President. The 5,000 shares were delivered upon settlement of restricted share units granted under the company’s 2017 share incentive plan, as disclosed in the Form 4 footnote.