GCT insider trade: COO offloads 100,000 Class A shares

Rhea-AI Filing Summary

GigaCloud Technology Inc (GCT) reported an insider transaction by its Chief Operating Officer. Through ICEBERY LIMITED, the reporting person sold 100,000 Class A ordinary shares on 11/21/2025 in an open-market transaction coded "S" for sale.

The shares were sold under a pre-arranged Rule 10b5-1 trading plan, with a weighted average sale price of $35.1752, within a price range from $35.00 to $35.38. After this transaction, the reporting person is shown as indirectly beneficially owning 407,486 Class A ordinary shares through ICEBERY LIMITED.

Insights

Insider Transactions Analyst

COO-linked entity sold 100,000 GigaCloud shares under a Rule 10b5-1 plan, reducing indirect holdings to 407,486 shares.

The filing shows the Chief Operating Officer, through **ICEBERY LIMITED**, executed an open-market sale of **100,000 Class A ordinary shares** on 11/21/2025. The average sale price was $35.1752, with trades ranging from $35.00 to $35.38. After this transaction, the reporting person is shown as indirectly beneficially owning **407,486** Class A shares through ICEBERY LIMITED.

The transaction is marked as code "S", indicating a sale, and is reported as executed under a Rule 10b5‑1 trading plan. A 10b5‑1 plan is a pre-arranged trading program that can reduce discretion over the timing of trades, which may lessen concerns about opportunistic selling. The filing clarifies that ICEBERY LIMITED directly holds the securities and that Xinyan Hao, as sole shareholder and director, may be deemed an indirect beneficial owner, while expressly disclaiming beneficial ownership for certain legal purposes.

This event signals a reduction in insider-linked ownership, which many readers view as less favorable than insider buying, even when done under a 10b5‑1 plan. The most concrete items to watch are any future Form 4 filings for additional sales or changes in the remaining **407,486**-share indirect position, especially if similar transactions recur over time after 11/21/2025.

Insider Trade Summary

Net Seller: 100,000 shares ($3,517,520)

Net Sell 1 txn

Insider Hao Xinyan, ICEBERY LTD

Role Chief Operating Officer | Chief Operating Officer

Sold 100,000 shs ($3.52M)

Type	Security	Shares	Price	Value
Sale	Class A Ordinary Shares, par value $0.05 per share	100,000	$35.1752	$3.52M

Holdings After Transaction: Class A Ordinary Shares, par value $0.05 per share — 407,486 shares (Indirect, By ICEBERY LIMITED)

Footnotes (1)

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 $35.00 and the highest price at which shares were sold was $35.38. 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.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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).

X

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^*

Hao Xinyan

(Last) (First) (Middle)

C/O GIGACLOUD TECHNOLOGY INC

4388 SHIRLEY AVENUE

(Street)

EL MONTE CA 91731

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GigaCloud Technology Inc [ GCT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/21/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class A Ordinary Shares, par value $0.05 per share	11/21/2025		S(1)		100,000	D	$35.1752(2)	407,486	I	By ICEBERY LIMITED(3)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Hao Xinyan

(Last) (First) (Middle)

C/O GIGACLOUD TECHNOLOGY INC

4388 SHIRLEY AVENUE

(Street)

EL MONTE CA 91731

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

1. Name and Address of Reporting Person^*

ICEBERY LTD

(Last) (First) (Middle)

C/O GIGACLOUD TECHNOLOGY INC

4388 SHIRLEY AVENUE

(Street)

EL MONTE CA 91731

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

Explanation of Responses:

1. The shares were sold pursuant to the 10b5-1 plans.

2. Represents the weighted average sale price. The lowest price at which shares were sold was $35.00 and the highest price at which shares were sold was $35.38.

3. 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.

Remarks:

	/s/ Lei Wu, Attorney-in-fact, for each of the reporting persons named herein	11/25/2025
	** Signature of Reporting Person	Date
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.