[Form 4] GigaCloud Technology Inc Insider Trading Activity
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.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 4,600 | $0.00 | $0.00 |
| Grant/Award | Class A Ordinary Shares, par value $0.05 per share | 4,600 | $0.00 | $0.00 |
| holding | Class A Ordinary Shares, par value $0.05 per share | -- | -- | -- |
Footnotes (5)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. Each Restricted Share Unit ("RSU") represents a contingent right to receive one share of Class A ordinary shares of the Issuer when vested.
- F5. 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
Key Terms
Section 16 of Securities Exchange Act of 1934 regulatory
indirect beneficial owner financial
continuous service financial
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