[Form 4] GigaCloud Technology Inc Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GigaCloud Technology Inc Chief Technology Officer Xin Wan received a grant of 4,600 Restricted Share Units that can convert into 4,600 Class A ordinary shares at no cost under the company’s 2017 share incentive plan. Following this award, Wan directly holds 10,100 Class A ordinary shares.
The RSUs each represent a right to receive one Class A ordinary share upon vesting and are scheduled to vest at the end of a 12‑month period commencing from April 7, 2026, subject to continuous service. In addition to direct holdings, 717,540 Class A ordinary shares are held indirectly through Faithful Winner Holdings Limited, where Wan is the sole shareholder and director and may be deemed an indirect beneficial owner.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
WAN XIN, FAITHFUL WINNER HOLDINGS LTD
Role
Chief Technology Officer | Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 4,600 | $0.00 | -- |
| Grant/Award | Class A Ordinary Shares, par value $0.05 per share | 4,600 | $0.00 | -- |
| holding | Class A Ordinary Shares, par value $0.05 per share | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 10,100 shares (Direct);
Class A Ordinary Shares, par value $0.05 per share — 10,100 shares (Direct);
Class A Ordinary Shares, par value $0.05 per share — 717,540 shares (Indirect, By FAITHFUL WINNER HOLDINGS LIMITED)
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. 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. 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. Each Restricted Share Unit ("RSU") represents a contingent right to receive one share of Class A ordinary shares of the Issuer 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.
Key Figures
RSU grant: 4,600 RSUs
Shares from RSU grant: 4,600 Class A shares
Direct holdings after grant: 10,100 Class A shares
+3 more
6 metrics
RSU grant
4,600 RSUs
Restricted Share Units granted on April 7, 2026
Shares from RSU grant
4,600 Class A shares
Shares issued at $0.0000 per share from award
Direct holdings after grant
10,100 Class A shares
Total direct Class A ordinary shares following transaction
Indirect holdings
717,540 Class A shares
Indirectly held by Faithful Winner Holdings Limited
RSU exercise price
$0.0000 per share
Conversion or exercise price for the RSUs
Vesting period
12 months
RSUs vest over 12 months commencing April 7, 2026
Key Terms
Restricted Share Units, 2017 share incentive plan, Section 16 of Securities Exchange Act of 1934, indirect beneficial owner, +1 more
5 terms
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"
indirect beneficial owner financial
"may be deemed to be an indirect beneficial owner of the securities held"
continuous service financial
"The RSUs will be vested at the end of the twelve (12)-month period ... subject to continuous service"