Insider entities tied to GigaCloud (NASDAQ: GCT) sell Class A stake

Rhea-AI Filing Summary

GigaCloud Technology Inc insider entities reported planned sales of Class A ordinary shares. Entities Ji Xiang Hu Tong Holdings Limited and Shan Lao Hu Tong LLC, which are associated with Chief Executive Officer Lei Wu, sold multiple blocks of Class A shares between $40.57 and $41.66 per share on January 14–16, 2026. The trades were executed under preset Rule 10b5-1 trading plans, meaning they followed pre-arranged instructions.

After these sales, the entities reported beneficial ownership of 700,000 Class A ordinary shares indirectly. They also reported 7,276,732 Class B ordinary shares indirectly held, which are convertible at any time into an equal number of Class A shares at no cost. The filing notes that Lei Wu may be deemed an indirect beneficial owner through his control of these entities, while also stating this is not an admission of beneficial ownership for legal purposes.

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
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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)
01/14/2026

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	01/14/2026		S(1)		7,046	D	$40.57(2)	752,954	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	01/14/2026		S(1)		12,954	D	$41.14(6)	740,000	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	01/15/2026		S(1)		9,258	D	$41.32(7)	730,742	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	01/15/2026		S(1)		10,742	D	$41.66(8)	720,000	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	01/16/2026		S(1)		8,467	D	$41.06(9)	711,533	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	01/16/2026		S(1)		11,533	D	$41.54(10)	700,000	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	(11)							(11)	(11)	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)(12)

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 $40.01 and the highest price at which shares were sold was $41.00.

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 $41.01 and the highest price at which shares were sold was $41.61.

7. Represents the weighted average sale price. The lowest price at which shares were sold was $40.52 and the highest price at which shares were sold was $41.51.

8. Represents the weighted average sale price. The lowest price at which shares were sold was $41.52 and the highest price at which shares were sold was $41.84.

9. Represents the weighted average sale price. The lowest price at which shares were sold was $40.38 and the highest price at which shares were sold was $41.36.

10. Represents the weighted average sale price. The lowest price at which shares were sold was $41.38 and the highest price at which shares were sold was $42.15

11. 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.

12. 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	01/16/2026
	/s/ Lei Wu, for Ji Xiang Hu Tong Holdings Limited, By: Lei Wu, its director	01/16/2026
	/s/ Lei Wu, for Shan Lao Hu Tong LLC, By: Lei Wu, its sole member	01/16/2026
	** 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.
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FAQ

What insider activity did GigaCloud Technology Inc (GCT) report in this Form 4?

The filing reports that entities Ji Xiang Hu Tong Holdings Limited and Shan Lao Hu Tong LLC, which are associated with GigaCloud’s CEO Lei Wu, sold multiple blocks of Class A ordinary shares on January 14–16, 2026 at weighted average prices between $40.57 and $41.66 per share.

Were the GCT insider sales by Lei Wu personally or by related entities?

The sales involved Class A ordinary shares held by Ji Xiang Hu Tong Holdings Limited and Shan Lao Hu Tong LLC. The filing explains that Lei Wu is the sole member and manager of Shan Lao Hu Tong LLC, which owns Ji Xiang Hu Tong Holdings Limited, so he may be deemed an indirect beneficial owner of these securities.

How many GigaCloud Class A shares remain indirectly owned after the reported transactions?

Following the reported sales, the entities associated with Lei Wu reported beneficial ownership of 700,000 Class A ordinary shares indirectly.

What does the Form 4 say about GigaCloud’s Class B ordinary shares?

The filing shows that the entities indirectly hold 7,276,732 Class B ordinary shares. A footnote states that these Class B shares are convertible at any time at the option of the holder into an equal number of Class A ordinary shares at no cost.

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

Yes. A footnote states that “The shares were sold pursuant to the 10b5-1 plans.” This indicates the trades followed pre-established instructions intended to meet the affirmative defense conditions of Rule 10b5-1(c).

What price range did the GigaCloud Class A insider sales cover?

The table reports weighted average sale prices of $40.57 to $41.66 per share. Footnotes add that the lowest individual sale price was $40.01 and the highest was $42.15, depending on the specific transaction.

Does the filing admit that Lei Wu is the beneficial owner of all reported GCT shares?

No. One footnote states that the report “shall not be deemed an admission that any of the reporting persons is the beneficial owner of such securities” for Section 16 or any other purpose, even though Lei Wu may be deemed an indirect beneficial owner through his control of the entities.