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GigaCloud (GCT) president has 1,621 shares withheld to cover taxes

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

Rhea-AI Filing Summary

GigaCloud Technology Inc President Iman AJ Schrock reported a routine tax-related share disposition. On April 14, 2026, 1,621 Class A ordinary shares were withheld at $43.75 per share to cover the executive's tax withholding obligation triggered by the vesting of 5,000 previously granted shares under the 2017 share incentive plan.

After this tax-withholding transaction, Schrock directly holds 23,379 Class A ordinary shares. The event reflects tax settlement on equity compensation rather than an open-market sale.

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Insider SCHROCK IMAN AJ
Role President
Type Security Shares Price Value
Tax Withholding Class A Ordinary Shares, par value $0.05 per share 1,621 $43.75 $71K
Holdings After Transaction: Class A Ordinary Shares, par value $0.05 per share — 23,379 shares (Direct)
Footnotes (1)
  1. [object Object]
Tax-withheld shares 1,621 shares Shares withheld on April 14, 2026 to cover taxes
Withholding price $43.75 per share Value assigned to withheld Class A ordinary shares
Shares vested 5,000 shares Class A ordinary shares vesting from prior grant
Post-transaction holdings 23,379 shares Class A ordinary shares held directly after transaction
tax withholding obligation financial
"Represent shares withheld to pay the Reporting Person's tax withholding obligation due upon the vesting..."
share incentive plan financial
"previously granted to the Reporting Person pursuant to the Issuer's 2017 share incentive plan"
A share incentive plan is a company program that gives employees or directors the chance to receive or buy company shares, often after staying with the firm or meeting performance goals. It matters to investors because it’s like giving workers a slice of the company pie to boost performance and loyalty, but issuing those slices can reduce each existing owner’s portion and change metrics such as earnings per share and share count.
Class A Ordinary Shares financial
"Class A Ordinary Shares, par value $0.05 per share"
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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*
SCHROCK IMAN AJ

(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)
President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form 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 share04/14/2026F(1)1,621D$43.7523,379D
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
Explanation of Responses:
1. Represent shares withheld to pay the Reporting Person's tax withholding obligation due upon the vesting of 5,000 Class A ordinary shares of the Issuer previously granted to the Reporting Person pursuant to the Issuer's 2017 share incentive plan.
Remarks:
/s/ Lei Wu, Attorney-in-fact04/15/2026
** 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 did GigaCloud Technology (GCT) report in this Form 4?

GigaCloud Technology reported a tax-related share disposition by its President. 1,621 Class A ordinary shares were withheld to cover taxes due on vesting of 5,000 previously granted shares under the company’s 2017 share incentive plan.

Did the GCT President sell shares on the open market in this Form 4?

No open-market sale occurred. The 1,621 Class A ordinary shares were withheld by the company to satisfy the President’s tax withholding obligation arising from the vesting of 5,000 Class A ordinary shares previously granted as equity compensation.

How many GigaCloud Technology (GCT) shares were involved in the tax withholding?

The transaction involved 1,621 Class A ordinary shares. These shares were withheld at a price of $43.75 per share to cover taxes triggered by the vesting of 5,000 Class A ordinary shares granted under GigaCloud Technology’s 2017 share incentive plan.

How many GCT shares does the President hold after this Form 4 transaction?

Following the reported tax-withholding disposition, the President directly holds 23,379 Class A ordinary shares. This post-transaction holding reflects the net position after 1,621 shares were withheld to cover taxes on the vesting of 5,000 previously granted shares.

What triggered the tax-withholding share disposition for GigaCloud Technology’s President?

The disposition was triggered by the vesting of 5,000 Class A ordinary shares previously granted to the President. To satisfy the related tax withholding obligation, 1,621 of those shares were withheld under GigaCloud Technology’s 2017 share incentive plan.