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[Form 4] GigaCloud Technology Inc Insider Trading Activity

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

Rhea-AI Filing Summary

Wu Lei reported acquisition or exercise transactions in this Form 4 filing.

GigaCloud Technology Inc reported that Chief Executive Officer and director Lei Wu received a grant of 90,000 Class A ordinary shares at no cost, issued pursuant to restricted share units under the company’s 2017 share incentive plan. Following this award, Wu directly holds 160,000 Class A shares.

The filing also shows 5,000 Class B ordinary shares held directly and 7,151,732 Class B ordinary shares held indirectly through Ji Xiang Hu Tong Holdings Limited and Shan Lao Hu Tong LLC. These Class B shares are convertible into an equal number of Class A shares at no cost, and the filing notes customary disclaimers regarding beneficial ownership.

Positive

  • None.

Negative

  • None.
Insider Wu Lei, JI XIANG HU TONG HOLDINGS LTD, SHAN LAO HU TONG LLC
Role Chief Executive Officer | Chief Executive Officer | Chief Executive Officer
Type Security Shares Price Value
Grant/Award Class A Ordinary Shares, par value $0.05 per share 90,000 $0.00 --
holding Class B Ordinary Shares, par value $0.05 per share -- -- --
holding Class B Ordinary Shares, par value $0.05 per share -- -- --
Holdings After Transaction: Class A Ordinary Shares, par value $0.05 per share — 160,000 shares (Direct); Class B Ordinary Shares, par value $0.05 per share — 5,000 shares (Direct); Class B Ordinary Shares, par value $0.05 per share — 7,151,732 shares (Indirect, By Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited)
Footnotes (1)
  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. 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. 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. 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. 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.
Equity award 90,000 shares Class A ordinary shares granted via RSUs at $0.00 on April 7, 2026
Direct Class A holdings 160,000 shares Total Class A ordinary shares directly held by Lei Wu after award
Direct Class B holdings 5,000 shares Class B ordinary shares directly held, convertible 1:1 into Class A
Indirect Class B holdings 7,151,732 shares Class B ordinary shares held via Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited
Conversion price $0.00 Class B ordinary shares convertible into Class A at no cost
Underlying Class A (direct derivative) 5,000 shares Underlying Class A shares for directly held Class B derivative position
Underlying Class A (indirect derivative) 7,151,732 shares Underlying Class A shares for indirectly held Class B derivative position
restricted share units financial
"issued pursuant to restricted share units granted to the reporting person under the Issuer's 2017 share incentive plan"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
Class B Ordinary Shares financial
"Represents Class B ordinary shares, par value of US$0.05 per share, of the Issuer"
Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.
convertible financial
"The Class B Ordinary Shares are convertible at any time at the option of the holder"
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.
beneficial owner financial
"shall not be deemed an admission that any of the reporting persons is the beneficial owner of such securities"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Section 16 of Securities Exchange Act of 1934 regulatory
"for purposes of Section 16 of Securities Exchange Act of 1934, as amended, or for any other purpose"
Form 4 Insider Transactions: What Each Field Means →
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*
Wu Lei
(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)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm 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 share04/07/2026A90,000A$0(1)160,000D
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
Class B Ordinary Shares, par value $0.05 per share(2) (2) (2)Class A Ordinary Shares, par value $0.05 per share5,0005,000D
Class B Ordinary Shares, par value $0.05 per share(2) (2) (2)Class A Ordinary Shares, par value $0.05 per share7,151,7327,151,732IBy Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited(3)(4)(5)
1. Name and Address of Reporting Person*
Wu Lei
(Last)(First)(Middle)
C/O GIGACLOUD TECHNOLOGY INC
4388 SHIRLEY AVENUE
(Street)
EL MONTE CALIFORNIA 91731
(City)(State)(Zip)
UNITED STATES
(Country)
Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
XOfficer (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 CALIFORNIA 91731
(City)(State)(Zip)
UNITED STATES
(Country)
Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
XOfficer (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 SHIRELY AVENUE
(Street)
EL MONTE CALIFORNIA 91731
(City)(State)(Zip)
UNITED STATES
(Country)
Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
Explanation of Responses:
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.
2. 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.
3. 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.
4. 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.
5. 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.
Remarks:
/s/ Lei Wu04/09/2026
/s/ Lei Wu, for Ji Xiang Hu Tong Holdings Limited, By: Lei Wu, its director04/09/2026
/s/ Lei Wu, for Shan Lao Hu Tong LLC, By: Lei Wu, its sole member04/09/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did GigaCloud (GCT) report for CEO Lei Wu?

GigaCloud reported that CEO Lei Wu received a grant of 90,000 Class A ordinary shares. The shares were issued at no cost pursuant to restricted share units under the company’s 2017 share incentive plan, reflecting a compensation-related equity award rather than an open-market purchase.

How many GigaCloud (GCT) Class A shares does Lei Wu hold after this Form 4?

After the reported grant, Lei Wu directly holds 160,000 Class A ordinary shares. This total includes the 90,000-share award issued under restricted share units on April 7, 2026, and represents his direct ownership position in GigaCloud’s publicly traded Class A equity.

How are GigaCloud (GCT) Class B shares described in relation to Class A shares?

Class B ordinary shares are described as convertible at any time, at the holder’s option, into an equal number of Class A ordinary shares at no cost. This means each Class B share can become one Class A share without payment, according to the terms disclosed in the filing’s footnotes.

What plan governs the 90,000-share award reported for GigaCloud (GCT) CEO Lei Wu?

The 90,000 Class A shares were issued pursuant to restricted share units granted under GigaCloud’s 2017 share incentive plan. This indicates the award is part of the company’s established equity compensation program for executives and employees, rather than a separate or one-time arrangement.

Does the GigaCloud (GCT) Form 4 make any statement about beneficial ownership status?

Yes. The filing includes a statement that it shall not be deemed an admission that any reporting person is the beneficial owner of the referenced securities for Section 16 or other purposes, even though it also explains how Lei Wu may be deemed an indirect beneficial owner through related entities.