Director Chen Zhiwu gains 808 GigaCloud (GCT) shares in stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chen Zhiwu reported acquisition or exercise transactions in this Form 4 filing.
GigaCloud Technology Inc director Chen Zhiwu reported receiving an equity award of 808 Class A ordinary shares on February 17, 2026. The shares were issued at a price of $0.00 per share as part of a stock grant, rather than a market purchase.
According to the filing, the award reflects Class A ordinary shares issued pursuant to restricted share units granted under GigaCloud’s 2017 share incentive plan. Following this grant, Chen directly owns a total of 25,718 Class A ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chen Zhiwu
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares, par value $0.05 per share | 808 | $0.00 | -- |
Holdings After Transaction:
Class A Ordinary Shares, par value $0.05 per share — 25,718 shares (Direct)
Footnotes (1)
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FAQ
What does the latest GCT Form 4 filing report for Chen Zhiwu?
The Form 4 reports that director Chen Zhiwu received an equity award of 808 Class A ordinary shares on February 17, 2026. These shares were issued at $0.00 per share as part of a stock grant under GigaCloud’s 2017 share incentive plan.
Was the GigaCloud (GCT) insider transaction a market purchase or a stock award?
The transaction was a stock award, not a market purchase. The filing classifies it as a grant or other acquisition, with 808 Class A ordinary shares issued at $0.00 per share pursuant to restricted share units under GigaCloud’s 2017 share incentive plan.