GigaCloud COO exercises 7,500 RSUs into shares

GigaCloud Technology Inc Chief Operating Officer Xinyan Hao, through ICEBERY LIMITED, reported a routine equity compensation vesting and exercise.

Rhea-AI Filing Summary

GigaCloud Technology Inc Chief Operating Officer Xinyan Hao, through ICEBERY LIMITED, reported a routine equity compensation vesting and exercise. ICEBERY LIMITED exercised 7,500 Restricted Share Units on April 10, 2026, receiving 7,500 Class A ordinary shares at an exercise price of $0.00 per share.

The RSUs were granted on April 10, 2025 and vested after a twelve‑month service condition that was fully satisfied on April 10, 2026. Following this transaction, ICEBERY LIMITED holds 374,986 Class A ordinary shares indirectly attributed to Hao. No open‑market purchases or sales were reported.

Insider Trade Summary

7,500 shares exercised/converted

Exercise 2 txns

Insider Hao Xinyan, ICEBERY LTD

Role Chief Operating Officer | Chief Operating Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Share Units	7,500	$0.00	$0.00
Exercise	Class A Ordinary Shares, par value $0.05 per share	7,500	$0.00	$0.00

Holdings After Transaction: Restricted Share Units — 10,000 contracts (Indirect, By ICEBERY LIMITED); Class A Ordinary Shares, par value $0.05 per share — 374,986 shares (Indirect, By ICEBERY LIMITED)

Footnotes (4)

1. F1. 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.
2. F2. Each Restricted Share Unit ("RSU") represents a contingent right to receive one share of Class A ordinary shares of the Company when vested.
3. F3. These RSUs, which were granted on April 10 2025, vest upon the satisfaction of a service condition and have no expiration date. The service condition was fully satisfied on April 10, 2026.
4. F4. The RSUs will be vested at the end of the twelve (12)-month period commencing from the date of grant, subject to continuous service. Vested shares will be delivered to the reporting person following vesting.

Key Figures

RSUs exercised: 7,500 units Exercise price: $0.00 per share Shares after transaction: 374,986 shares +3 more

6 metrics

RSUs exercised 7,500 units Restricted Share Units exercised on April 10, 2026

Exercise price $0.00 per share Class A ordinary shares received from RSU vesting

Shares after transaction 374,986 shares Class A ordinary shares held indirectly by ICEBERY LIMITED

Underlying shares 7,500 shares Class A ordinary shares underlying the exercised RSUs

RSU grant date April 10, 2025 Grant date of the reported Restricted Share Units

Vesting period 12 months Service condition for RSU vesting ending April 10, 2026

Key Terms

Restricted Share Units, RSU, indirect beneficial owner, Class A Ordinary Shares, +1 more

5 terms

Restricted Share Units financial

"The securities are directly held by ICEBERY LIMITED."

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.

RSU financial

"Each Restricted Share Unit ("RSU") represents a contingent right to receive one share"

Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.

indirect beneficial owner financial

"may be deemed to be an indirect beneficial owner of the securities held"

Class A Ordinary Shares financial

"one share of Class A ordinary shares of the Company when vested"

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.

service condition financial

"vest upon the satisfaction of a service condition and have no expiration date"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did GigaCloud Technology Inc (GCT) report for Xinyan Hao?

GigaCloud Technology Inc reported that ICEBERY LIMITED, associated with COO Xinyan Hao, exercised 7,500 Restricted Share Units into 7,500 Class A ordinary shares at $0.00 per share. This reflects equity compensation vesting rather than an open-market share purchase or sale.

How many GigaCloud Technology (GCT) shares are held after this Form 4 transaction?

After the reported exercise, ICEBERY LIMITED holds 374,986 Class A ordinary shares of GigaCloud Technology Inc. These shares are reported as indirectly beneficially owned by Chief Operating Officer Xinyan Hao through ICEBERY LIMITED, based on the ownership structure described in the filing’s footnotes.

What are the terms of the RSUs reported for GigaCloud Technology (GCT)?

Each Restricted Share Unit represents a contingent right to receive one GigaCloud Technology Class A ordinary share upon vesting. The 7,500 RSUs were granted on April 10, 2025, vest over a twelve-month service period, and have no expiration date once the service condition is fully satisfied.

When did the GigaCloud Technology (GCT) RSUs for Xinyan Hao vest?

The RSUs granted on April 10, 2025 vested upon completion of a twelve-month service condition, which was fully satisfied on April 10, 2026. Vested Class A ordinary shares are delivered to the reporting person following vesting, as specified in the compensation terms disclosed.

Was there any open-market buying or selling of GigaCloud Technology (GCT) shares in this Form 4?

No open-market buying or selling was reported. The Form 4 shows a derivative exercise, where 7,500 Restricted Share Units converted into 7,500 Class A ordinary shares at $0.00. The transaction reflects vesting of equity awards, not market trading activity.

Who is the actual holder of the GigaCloud Technology (GCT) shares in this filing?

The securities are directly held by ICEBERY LIMITED. Chief Operating Officer Xinyan Hao is described as the sole shareholder and sole director of ICEBERY LIMITED and may be deemed an indirect beneficial owner of the GigaCloud Technology Class A ordinary shares held by that entity.

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

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Accepted by SEC EDGAR 04/14/2026 - 09:23 PM EDT Learn about SEC filing dates

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).

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 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026

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

	Form filed by One Reporting Person
X	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)
			Code	V	Amount	(A) or (D)	Price
Class A Ordinary Shares, par value $0.05 per share	04/10/2026		M		7,500	A	$0	374,986	I	By ICEBERY LIMITED(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Share Units	(2)	04/10/2026		M			7,500	(3)	(3)	Class A Ordinary Shares, par value $0.05 per share	7,500	$0	10,000(4)	I	By ICEBERY LIMITED(1)

1. Name and Address of Reporting Person^*

Hao Xinyan

(Last) (First) (Middle)

C/O GIGACLOUD TECHNOLOGY INC

4388 SHIRLEY AVENUE

(Street)

EL MONTE CALIFORNIA 91731

(City) (State) (Zip)

UNITED STATES

(Country)

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 CALIFORNIA 91731

(City) (State) (Zip)

UNITED STATES

(Country)

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 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.

2. Each Restricted Share Unit ("RSU") represents a contingent right to receive one share of Class A ordinary shares of the Company when vested.

3. These RSUs, which were granted on April 10 2025, vest upon the satisfaction of a service condition and have no expiration date. The service condition was fully satisfied on April 10, 2026.

4. The RSUs will be vested at the end of the twelve (12)-month period commencing from the date of grant, subject to continuous service. Vested shares will be delivered to the reporting person following vesting.

Remarks:

	/s/ Lei Wu, Attorney-in-fact, for each of the reporting persons named herein	04/14/2026
	** 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.
* Form 4: SEC 1474 (03-26)