STOCK TITAN

GigaCloud (NASDAQ: GCT) president receives 5,000-share equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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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)
  1. [object Object]
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
restricted share units financial
"issued pursuant to restricted share units granted to the Reporting Person"
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.
2017 share incentive plan financial
"granted to the Reporting Person under the Issuer's 2017 share incentive plan"
Class A Ordinary Shares financial
"Class A Ordinary Shares, par value $0.05 per share"
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.
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*
SCHROCK IMAN AJ

(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)
President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form 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 share04/07/2026A5,000A$0(1)25,000D
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
Explanation of Responses:
1. Represents Issuer's Class A ordinary shares issued pursuant to restricted share units granted to the Reporting Person under the Issuer's 2017 share incentive plan.
Remarks:
/s/ Lei Wu, Attorney-in-fact04/09/2026
** 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)

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.

How many GigaCloud (GCT) shares does the President hold after this Form 4?

After this transaction, President Iman AJ Schrock directly holds 25,000 Class A ordinary shares. The increase reflects 5,000 shares issued at $0.00 per share pursuant to previously granted restricted share units under GigaCloud Technology Inc’s 2017 share incentive plan.

What was the price per share for the GigaCloud (GCT) insider award?

The 5,000 Class A ordinary shares issued to President Iman AJ Schrock carried a transaction price of $0.00 per share. This reflects a restricted share unit grant under GigaCloud Technology Inc’s 2017 share incentive plan, rather than a cash purchase on the 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.

How was the GigaCloud (GCT) share grant to the President structured?

The 5,000 Class A ordinary shares were issued pursuant to restricted share units granted under GigaCloud Technology Inc’s 2017 share incentive plan. These units converted into shares at $0.00 per share, representing equity compensation rather than a traditional stock purchase.