GigaCloud (NASDAQ: GCT) CEO-linked entities sell 160,000 Class A shares

Rhea-AI Filing Summary

GigaCloud Technology Inc reported a series of insider transactions in which entities associated with Chief Executive Officer Lei Wu sold Class A Ordinary Shares in open-market trades under pre-arranged Rule 10b5-1 trading plans. The filing shows an aggregate of 160,000 Class A Ordinary Shares sold across multiple transactions between February 26, 2026 and March 2, 2026 at prices in the low-to-mid $40 range per share. The sales were made indirectly through Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited, and the report notes that it shall not be deemed an admission that any reporting person is the beneficial owner of these securities. The filing also indicates 7,276,732 Class B Ordinary Shares are held indirectly through these entities, which are convertible into an equal number of Class A shares at no cost.

Insights

Equity ownership and governance analyst

Entities linked to GigaCloud's CEO executed 10b5-1 share sales totaling 160,000 Class A shares.

The disclosure shows entities associated with Lei Wu, via Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited, sold an aggregate of 160,000 Class A Ordinary Shares in open-market transactions under Rule 10b5-1 trading plans. Prices ranged in the low-to-mid $40s, with each line item providing weighted-average sale prices and detailed price ranges.

Footnotes explain that Mr. Wu is the sole member and manager of Shan Lao Hu Tong LLC, which wholly owns Ji Xiang Hu Tong Holdings Limited, and that the report is not an admission of beneficial ownership. The filing also notes 7,276,732 Class B Ordinary Shares indirectly held and convertible into an equal number of Class A shares at no cost, highlighting a significant dual-class equity position. Subsequent company filings may offer more context on how this ownership structure evolves over time.

SEC Form 4

FORM 4

UNITED 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).

X

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^*

Wu Lei

(Last) (First) (Middle)

C/O GIGACLOUD TECHNOLOGY INC

4388 SHIRLEY AVENUE

(Street)

EL MONTE CA 91731

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GigaCloud Technology Inc [ GCT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class A Ordinary Shares, par value $0.05 per share	02/26/2026		S(1)		3,679	D	$42.13(2)	674,411	I	By Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited(3)(4)(5)
Class A Ordinary Shares, par value $0.05 per share	02/26/2026		S(1)		7,137	D	$43.23(6)	667,274	I	By Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited(3)(4)(5)
Class A Ordinary Shares, par value $0.05 per share	02/26/2026		S(1)		4,749	D	$43.78(7)	662,525	I	By Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited(3)(4)(5)
Class A Ordinary Shares, par value $0.05 per share	02/26/2026		S(1)		19,358	D	$45.21(8)	643,167	I	By Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited(3)(4)(5)
Class A Ordinary Shares, par value $0.05 per share	02/26/2026		S(1)		21,934	D	$45.95(9)	621,233	I	By Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited(3)(4)(5)
Class A Ordinary Shares, par value $0.05 per share	02/26/2026		S(1)		13,143	D	$46.82(10)	608,090	I	By Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited(3)(4)(5)
Class A Ordinary Shares, par value $0.05 per share	02/27/2026		S(1)		20,243	D	$42.45(11)	587,847	I	By Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited(3)(4)(5)
Class A Ordinary Shares, par value $0.05 per share	02/27/2026		S(1)		21,235	D	$43.27(12)	566,612	I	By Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited(3)(4)(5)
Class A Ordinary Shares, par value $0.05 per share	02/27/2026		S(1)		5,415	D	$44.41(13)	561,197	I	By Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited(3)(4)(5)
Class A Ordinary Shares, par value $0.05 per share	02/27/2026		S(1)		12,607	D	$45.43(14)	548,590	I	By Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited(3)(4)(5)
Class A Ordinary Shares, par value $0.05 per share	02/27/2026		S(1)		500	D	$46.1(15)	548,090	I	By Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited(3)(4)(5)
Class A Ordinary Shares, par value $0.05 per share	03/02/2026		S(1)		17,520	D	$42.55(16)	530,570	I	By Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited(3)(4)(5)
Class A Ordinary Shares, par value $0.05 per share	03/02/2026		S(1)		12,480	D	$43.23(17)	518,090	I	By Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited(3)(4)(5)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Ordinary Shares, par value $0.05 per share	(18)							(18)	(18)	Class A Ordinary Shares, par value $0.05 per share	7,276,732		7,276,732	I	By Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited(3)(5)(19)

1. Name and Address of Reporting Person^*

Wu Lei

(Last) (First) (Middle)

C/O GIGACLOUD TECHNOLOGY INC

4388 SHIRLEY AVENUE

(Street)

EL MONTE CA 91731

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

1. Name and Address of Reporting Person^*

JI XIANG HU TONG HOLDINGS LTD

(Last) (First) (Middle)

C/O GIGACLOUD TECHNOLOGY INC

4388 SHIRLEY AVENUE

(Street)

EL MONTE CA 91731

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

1. Name and Address of Reporting Person^*

SHAN LAO HU TONG LLC

(Last) (First) (Middle)

C/O GIGACLOUD TECHNOLOGY INC

4388 SHIRLEY AVENUE

(Street)

EL MONTE CA 91731

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

Explanation of Responses:

1. The shares were sold pursuant to the 10b5-1 plans.

2. Represents the weighted average sale price. The lowest price at which shares were sold was $41.51 and the highest price at which shares were sold was $42.48.

3. Lei Wu ("Mr. Wu") is the sole member and sole manager of a limited liability company, Shan Lao Hu Tong LLC, that is the sole shareholder of Ji Xiang Hu Tong Holdings Limited. As a result of these relationships, Mr. Wu may be deemed to be an indirect beneficial owner of the securities held by Ji Xiang Hu Tong Holdings Limited.

4. Represents Class A ordinary shares, par value of US$0.05 per share, of the Issuer ("Class A Ordinary Shares") directly held by Ji Xiang Hu Tong Holdings Limited.

5. 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.

6. Represents the weighted average sale price. The lowest price at which shares were sold was $42.51 and the highest price at which shares were sold was $43.50.

7. Represents the weighted average sale price. The lowest price at which shares were sold was $43.54 and the highest price at which shares were sold was $44.51.

8. Represents the weighted average sale price. The lowest price at which shares were sold was $44.58 and the highest price at which shares were sold was $45.57.

9. Represents the weighted average sale price. The lowest price at which shares were sold was $45.58 and the highest price at which shares were sold was $46.56.

10. Represents the weighted average sale price. The lowest price at which shares were sold was $46.58 and the highest price at which shares were sold was $47.20.

11. Represents the weighted average sale price. The lowest price at which shares were sold was $41.87 and the highest price at which shares were sold was $42.85.

12. Represents the weighted average sale price. The lowest price at which shares were sold was $42.87 and the highest price at which shares were sold was $43.86.

13. Represents the weighted average sale price. The lowest price at which shares were sold was $43.87 and the highest price at which shares were sold was $44.85.

14. Represents the weighted average sale price. The lowest price at which shares were sold was $44.87 and the highest price at which shares were sold was $45.82.

15. Represents the weighted average sale price. The lowest price at which shares were sold was $45.87 and the highest price at which shares were sold was $46.70.

16. Represents the weighted average sale price. The lowest price at which shares were sold was $42.00 and the highest price at which shares were sold was $42.99.

17. Represents the weighted average sale price. The lowest price at which shares were sold was $43.00 and the highest price at which shares were sold was $43.46.

18. The Class B Ordinary Shares are convertible at any time at the option of the holder into an equal number of Class A Ordinary Shares at no cost.

19. Represents Class B ordinary shares, par value of US$0.05 per share, of the Issuer ("Class B Ordinary Shares") directly held by Ji Xiang Hu Tong Holdings Limited.

Remarks:

	/s/ Lei Wu	03/02/2026
	/s/ Lei Wu, for Ji Xiang Hu Tong Holdings Limited, By: Lei Wu, its director	03/02/2026
	/s/ Lei Wu, for Shan Lao Hu Tong LLC, By: Lei Wu, its sole member	03/02/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transactions were reported for GCT in this Form 4?

The filing reports open-market sales totaling 160,000 Class A Ordinary Shares of GigaCloud Technology Inc. These transactions occurred between February 26 and March 2, 2026, with multiple sale tranches executed at various prices in the low-to-mid $40s per share.

Who executed the GCT share sales disclosed in this Form 4?

The sales were executed indirectly through Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited, entities associated with GigaCloud’s Chief Executive Officer, Lei Wu. The report states it shall not be deemed an admission that any reporting person is the beneficial owner of these securities.

Were the GCT insider share sales made under a 10b5-1 trading plan?

Yes. A footnote states that the shares were sold pursuant to Rule 10b5-1 trading plans. Such plans allow pre-arranged, scheduled trades, which can help separate insider sales activity from day-to-day discretionary decisions by the associated individuals or entities.

What prices were received for the GCT shares sold in these transactions?

Each line item reports a weighted average sale price, with footnotes giving detailed ranges. Across the transactions, shares were sold at prices generally in the low-to-mid $40s per share, with specific lowest and highest prices disclosed for each group of trades.

What indirect ownership structure is described for GCT in this Form 4?

The filing explains that Lei Wu is the sole member and manager of Shan Lao Hu Tong LLC, which is the sole shareholder of Ji Xiang Hu Tong Holdings Limited. Through this structure, these entities hold Class A and 7,276,732 Class B Ordinary Shares of GigaCloud Technology Inc.

How are GCT Class B Ordinary Shares related to Class A shares?

A footnote states that Class B Ordinary Shares are convertible at any time at the holder’s option into an equal number of Class A Ordinary Shares at no cost. The filing notes 7,276,732 Class B shares are indirectly held through Ji Xiang Hu Tong Holdings Limited.