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GigaCloud (NASDAQ: GCT) COO-linked entity receives 10,000 RSUs and 10,000 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

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Insider Hao Xinyan, ICEBERY LTD
Role Chief Operating Officer | Chief Operating Officer
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 --
Holdings After Transaction: Restricted Share Units — 17,500 shares (Indirect, By ICEBERY LIMITED); Class A Ordinary Shares, par value $0.05 per share — 367,486 shares (Indirect, By ICEBERY LIMITED)
Footnotes (1)
  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.
RSUs granted 10,000 RSUs Grant on April 7, 2026 to ICEBERY LIMITED
Shares issued 10,000 shares Class A ordinary shares at $0.00 per share on April 7, 2026
RSUs after transaction 17,500 RSUs Total Restricted Share Units held indirectly after grant
Shares after transaction 367,486 shares Class A ordinary shares indirectly held after grant
RSU vesting period 12 months Vesting period commencing April 7, 2026, subject to continuous service
Restricted Share Units financial
"Represents Issuer's Class A ordinary shares issued pursuant to restricted share units granted"
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
"shares issued pursuant to restricted share units granted to the Reporting Person under the Issuer's 2017 share incentive plan"
indirect beneficial owner financial
"may be deemed to be an indirect beneficial owner of the securities held by ICEBERY LIMITED"
Section 16 of Securities Exchange Act of 1934 regulatory
"beneficial owner of such securities for purposes of Section 16 of Securities Exchange Act of 1934"
Restricted Share Unit ("RSU") financial
"Each Restricted Share Unit ("RSU") represents a contingent right to receive one share"
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*
Hao Xinyan

(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 Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026
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 share04/07/2026A10,000A$0(1)367,486IBy ICEBERY LIMITED(2)
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(3)04/07/2026A10,000 (4) (4)Class A Ordinary Shares, par value $0.05 per share10,000$017,500IBy ICEBERY LIMITED(2)
1. Name and Address of Reporting Person*
Hao Xinyan

(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 Operating Officer
1. Name and Address of Reporting Person*
ICEBERY 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 Operating Officer
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.
2. 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.
3. Each Restricted Share Unit ("RSU") represents a contingent right to receive one share of Class A ordinary shares of the Company when vested.
4. 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.
Remarks:
/s/ Lei Wu, Attorney-in-fact, for each of the reporting persons named herein04/09/2026
** 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 equity awards were reported for GigaCloud Technology Inc (GCT)?

The filing reports equity compensation to ICEBERY LIMITED, an entity associated with GCT’s COO. It received 10,000 Restricted Share Units and 10,000 Class A ordinary shares at $0.00 per share under the 2017 share incentive plan.

Who actually holds the GCT shares and RSUs reported in this Form 4?

The securities are directly held by ICEBERY LIMITED. Xinyan Hao is the sole shareholder and director of ICEBERY LIMITED and may be deemed an indirect beneficial owner, subject to a legal disclaimer of beneficial ownership in the filing.

How many GCT Class A shares does ICEBERY LIMITED hold after these transactions?

Following the reported grant, ICEBERY LIMITED holds 367,486 Class A ordinary shares of GigaCloud Technology Inc indirectly. These shares were partly issued pursuant to restricted share units granted under the company’s 2017 share incentive plan.

What are the terms of the GCT Restricted Share Units granted to ICEBERY LIMITED?

Each Restricted Share Unit represents a contingent right to receive one Class A ordinary share when vested. The RSUs vest at the end of a twelve‑month period commencing April 7, 2026, subject to continuous service, with vested shares delivered after vesting.

How many GCT Restricted Share Units does ICEBERY LIMITED hold after the grant?

After the grant, ICEBERY LIMITED holds 17,500 Restricted Share Units tied to GigaCloud Technology Inc. These RSUs are subject to vesting conditions and each unit can convert into one Class A ordinary share upon vesting.