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GigaCloud (NASDAQ: GCT) director gets 549-share RSU award

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GigaCloud Technology Inc (GCT) reported that director Chen Zhiwu acquired 549 Class A Ordinary Shares of the company on August 17, 2026 through a grant/award. These shares were issued pursuant to restricted share units granted under GigaCloud Technology Inc's 2017 share incentive plan. Following this award, Chen beneficially holds 27,057 Class A Ordinary Shares directly.

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Insider Chen Zhiwu
Role Director
Type Security Shares Price Value
Grant/Award Class A Ordinary Shares, par value $0.05 per share F1 549 $0.00 $0.00
Holdings After Transaction: Class A Ordinary Shares, par value $0.05 per share — 27,057 shares (Direct)
Footnotes (1)
  1. F1. 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.
Shares acquired 549 shares Grant/award of Class A Ordinary Shares on August 17, 2026
Price per share $0.00 per share Reported transaction price for the 549-share grant/award
Shares owned after transaction 27,057 shares Total direct holdings of Class A Ordinary Shares following the award
Par value $0.05 per share Par value of GigaCloud Technology Inc Class A Ordinary Shares
restricted share units financial
"issued pursuant to restricted share units granted to the Reporting Person"
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.
2017 share incentive plan financial
"granted to the Reporting Person under the Issuer's 2017 share incentive plan"
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.

FAQ

What insider transaction did GCT director Chen Zhiwu report on this Form 4?

Chen Zhiwu reported acquiring 549 Class A Ordinary Shares of GigaCloud Technology Inc (GCT) on August 17, 2026. The shares were issued pursuant to restricted share units granted under the company’s 2017 share incentive plan.

How many GCT shares does Chen Zhiwu hold after this reported transaction?

After the reported award, Chen Zhiwu beneficially holds 27,057 Class A Ordinary Shares of GigaCloud Technology Inc (GCT). This figure reflects his direct ownership position as disclosed in the Form 4 filing.

Was the GCT Form 4 transaction a market purchase or a share grant?

The Form 4 for GigaCloud Technology Inc (GCT) shows a grant/award acquisition, not a market purchase. The 549 shares were issued at a reported price of $0.00 per share pursuant to restricted share units.

What plan governed the restricted share unit grant reported for GCT?

The restricted share unit grant for GigaCloud Technology Inc (GCT) was made under the company’s 2017 share incentive plan. Shares issued upon settlement of these RSUs resulted in 549 Class A Ordinary Shares being credited to the reporting person.

Does the GCT Form 4 indicate any sales or dispositions by Chen Zhiwu?

The Form 4 for GigaCloud Technology Inc (GCT) discloses only an acquisition of 549 shares by grant. It shows no reported sales or dispositions, and the transaction direction is classified as an acquisition.

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

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Learn about SEC filing dates
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*
Chen Zhiwu

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/17/2026
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 share08/17/2026A549A$0(1)27,057D
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. 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.
Remarks:
/s/ Lei Wu, Attorney-in-fact08/18/2026
** 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)