GigaCloud (NASDAQ: GCT) COO-linked entity receives 10,000 RSUs and 10,000 shares
Rhea-AI Filing Summary
Hao Xinyan reported acquisition or exercise transactions in this Form 4 filing.
GigaCloud Technology Inc reported that entity ICEBERY LIMITED, associated with Chief Operating Officer Xinyan Hao, received equity compensation on April 7, 2026. ICEBERY LIMITED was granted 10,000 Restricted Share Units (RSUs), each representing a right to one Class A ordinary share when vested, and 10,000 Class A ordinary shares issued pursuant to RSUs under the company’s 2017 share incentive plan. After these awards, ICEBERY LIMITED held 17,500 RSUs and 367,486 Class A ordinary shares indirectly. The RSUs vest at the end of a twelve‑month period starting April 7, 2026, subject to continuous service, with vested shares delivered following vesting. Hao may be deemed an indirect beneficial owner through ICEBERY LIMITED, but the filing includes a disclaimer that this is not an admission of beneficial ownership for legal purposes.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 10,000 | $0.00 | -- |
| Grant/Award | Class A Ordinary Shares, par value $0.05 per share | 10,000 | $0.00 | -- |
Footnotes (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. The securities are directly held by ICEBERY LIMITED. Xinyan Hao is the sole shareholder and sole director of ICEBERY LIMITED and may be deemed to be an indirect beneficial owner of the securities held by ICEBERY LIMITED. 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. Each Restricted Share Unit ("RSU") represents a contingent right to receive one share of Class A ordinary shares of the Company when vested. The RSUs will be vested at the end of the twelve (12)-month period commencing from the date of grant, April 7, 2026, subject to continuous service. Vested shares will be delivered to the reporting person following vesting.