[Form 4] GigaCloud Technology Inc Insider Trading Activity
Rhea-AI Filing Summary
GigaCloud Technology Inc (GCT): COO insider sales reported. Through ICEBERY LIMITED, the officer executed pre‑arranged Rule 10b5‑1 trades, selling a total of 90,000 Class A Ordinary Shares across multiple transactions from 11/07/2025 to 11/11/2025 at weighted average prices ranging from $30.2945 to $33.77. After these sales, 686,805 shares were beneficially owned indirectly by ICEBERY LIMITED.
Disclosed transactions include: 30,000 shares on 11/07 at $30.2945; 9,359 and 20,641 shares on 11/10 at $33.2428 and $33.77; and 21,300, 4,200, and 4,500 shares on 11/11 at $31.39, $32.56, and $33.47, respectively. Each price reflects a weighted average with stated low/high ranges.
Positive
- None.
Negative
- None.
Insights
Routine 10b5‑1 insider sales; neutral impact on company.
The COO, via ICEBERY LIMITED, reported open‑market sales totaling 90,000 Class A shares under Rule 10b5‑1 plans. Reported weighted average sale prices ranged from $30.2945 to $33.77 over Nov 7–11, 2025. Following these trades, indirect beneficial ownership stood at 686,805 shares.
These are secondary sales by an insider and do not reflect new issuance. The activity indicates portfolio transactions pre‑set under a trading plan. Actual market impact, if any, depends on trading volume and liquidity.
Key details are the use of a 10b5‑1 plan, the multi‑day execution, and the remaining indirectly held shares. Subsequent filings may provide additional updates on ownership changes.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Ordinary Shares, par value $0.05 per share | 21,300 | $31.39 | $669K |
| Sale | Class A Ordinary Shares, par value $0.05 per share | 4,200 | $32.56 | $137K |
| Sale | Class A Ordinary Shares, par value $0.05 per share | 4,500 | $33.47 | $151K |
| Sale | Class A Ordinary Shares, par value $0.05 per share | 9,359 | $33.2428 | $311K |
| Sale | Class A Ordinary Shares, par value $0.05 per share | 20,641 | $33.77 | $697K |
| Sale | Class A Ordinary Shares, par value $0.05 per share | 30,000 | $30.2945 | $909K |
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 $30.85. 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. Represents the weighted average sale price. The lowest price at which shares were sold was $32.46 and the highest price at which shares were sold was $33.4578. Represents the weighted average sale price. The lowest price at which shares were sold was $33.46 and the highest price at which shares were sold was $34.4302. Represents the weighted average sale price. The lowest price at which shares were sold was $31.04 and the highest price at which shares were sold was $32.00. Represents the weighted average sale price. The lowest price at which shares were sold was $32.10 and the highest price at which shares were sold was $33.08. Represents the weighted average sale price. The lowest price at which shares were sold was $33.15 and the highest price at which shares were sold was $33.97.