STOCK TITAN

GigaCloud Technology Inc (GCT) director’s family trust sells 5,000 Class A shares

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

GigaCloud Technology Inc director and officer Marshall Bernes reported a sale of 5,000 Class A Ordinary Shares of the company at $51.88 per share on August 10, 2026. The shares are held indirectly through the Marshall R. Bernes Family Trust, which held 63,150 shares after the transaction.

Positive

  • None.

Negative

  • None.
Insider Bernes Marshall
Role Head of Brand Center
Sold 5,000 shs ($259K)
Type Security Shares Price Value
Sale Class A Ordinary Shares, par value $0.05 per share F1 5,000 $51.88 $259K
Holdings After Transaction: Class A Ordinary Shares, par value $0.05 per share — 63,150 shares (Indirect, By Family Trust)
Footnotes (1)
  1. F1. Shares are directly owned by the Marshall R. Bernes Family Trust ("Family Trust"). The Reporting Person is the settlor and a co-trustee of the Family Trust and, in such capacity, may be deemed to indirectly beneficially own the securities owned by the Family Trust.
Shares sold 5,000 shares Class A Ordinary Shares sold on August 10, 2026
Sale price per share $51.88 Price per Class A Ordinary Share in the reported sale
Shares held after transaction 63,150 shares Class A Ordinary Shares indirectly owned via Family Trust after sale
indirect beneficially own financial
"may be deemed to indirectly beneficially own the securities owned"
Family Trust financial
"Shares are directly owned by the Marshall R. Bernes Family Trust"
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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did GigaCloud Technology Inc (GCT) report for Marshall Bernes?

Marshall Bernes reported that a family trust associated with him sold 5,000 Class A Ordinary Shares of GigaCloud Technology Inc on August 10, 2026 at $51.88 per share, according to the Form 4 filing.

How many GCT shares does the Marshall R. Bernes Family Trust hold after the reported sale?

After the reported sale, the Marshall R. Bernes Family Trust held 63,150 Class A Ordinary Shares of GigaCloud Technology Inc. This post-transaction balance is disclosed directly in the Form 4 as the total shares following the transaction.

Is the GCT share sale by Marshall Bernes a direct or indirect transaction?

The sale is reported as an indirect transaction. The 5,000 Class A Ordinary Shares are owned by the Marshall R. Bernes Family Trust, where Bernes is settlor and co-trustee, and he may be deemed to indirectly beneficially own those securities.

At what price were the GCT shares sold in Marshall Bernes’ Form 4 filing?

The reported transaction shows the sale of 5,000 Class A Ordinary Shares of GigaCloud Technology Inc at a price of $51.88 per share, described as a sale in an open market or private transaction.

Does the Form 4 indicate a Rule 10b5-1 trading plan for the GCT insider sale?

The Form 4 indicates the Rule 10b5-1 checkbox is not marked as affirming a trading plan (the related flag is false). The footnote does not mention any 10b5-1 or pre-arranged trading plan for this reported transaction.
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*
Bernes Marshall

(Last)(First)(Middle)
C/O GIGACLOUD TECHNOLOGY INC
4388 SHIRLEY AVE

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Head of Brand Center
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026
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 share08/10/2026S5,000D$51.8863,150IBy Family Trust(1)
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. Shares are directly owned by the Marshall R. Bernes Family Trust ("Family Trust"). The Reporting Person is the settlor and a co-trustee of the Family Trust and, in such capacity, may be deemed to indirectly beneficially own the securities owned by the Family Trust.
Remarks:
/s/ Lei Wu, Attorney-in-fact08/12/2026
** 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)