GCT insider sale: COO trades 16,939 shares via Rule 10b5-1
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GigaCloud Technology (GCT) reported an insider transaction on Form 4. Chief Operating Officer Xinyan Hao sold 16,939 Class A Ordinary Shares on 10/29/2025 at a weighted average price of $30.0133, with trades ranging from $30.00 to $30.08, pursuant to Rule 10b5-1 trading plans.
After this sale, 776,805 shares were beneficially owned indirectly via ICEBERY LIMITED. The transaction was coded S (open market or private sale).
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 16,939 shares ($508,395)
Net Sell
1 txn
Insider
Hao Xinyan, ICEBERY LTD
Role
Chief Operating Officer | Chief Operating Officer
Sold
16,939 shs ($508K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Ordinary Shares, par value $0.05 per share | 16,939 | $30.0133 | $508K |
Holdings After Transaction:
Class A Ordinary Shares, par value $0.05 per share — 776,805 shares (Indirect, By ICEBERY LIMITED)
Footnotes (1)
- The shares were sold pursuant to the 10b5-1 plans. Represents the weighted average sale price. The lowest price at which shares were sold was $30.0 and the highest price at which shares were sold was $30.08. The securities are directly held by ICEBERY LIMITED. Xinyan Hao is the sole shareholder and sole director of ICEBERY LIMITED and may be deemed to be an indirect beneficial owner of the securities held by ICEBERY LIMITED. 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.
FAQ
What insider transaction did GCT report?
The COO, Xinyan Hao, sold 16,939 Class A Ordinary Shares on 10/29/2025 coded S.
How is ownership held after the transaction?
Ownership is indirect (I) through ICEBERY LIMITED.
Was the sale under a trading plan?
Yes, it was made pursuant to Rule 10b5-1 trading plans as noted in the explanation of responses.
What is the role of the reporting person at GCT?
The reporting person is the Chief Operating Officer.