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GigaCloud (NASDAQ: GCT) CFO receives 12,000-share RSU equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

WEI XIAOYANG reported acquisition or exercise transactions in this Form 4 filing.

GigaCloud Technology Inc reported that Chief Financial Officer Wei Xiaoyang received an equity award of 12,000 Class A Ordinary Shares on April 7, 2026. The shares were issued at no cash cost pursuant to restricted share units under the company’s 2017 share incentive plan. Following this grant, Wei directly holds a total of 31,000 Class A Ordinary Shares, reflecting compensation rather than an open‑market stock purchase.

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Insider WEI XIAOYANG
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Class A Ordinary Shares, par value $0.05 per share 12,000 $0.00 --
Holdings After Transaction: Class A Ordinary Shares, par value $0.05 per share — 31,000 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares granted 12,000 shares Class A Ordinary Shares granted on April 7, 2026
Price per share $0.0000 per share Reported grant price for restricted share unit issuance
Total shares held after 31,000 shares CFO’s direct Class A Ordinary Share holdings following the grant
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 issued pursuant to restricted share units"
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.
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*
WEI XIAOYANG

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026
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 share04/07/2026A12,000A$0(1)31,000D
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-fact04/09/2026
** 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)

FAQ

What insider transaction did GigaCloud Technology (GCT) report?

GigaCloud Technology reported an equity grant to its CFO. Wei Xiaoyang received 12,000 Class A Ordinary Shares on April 7, 2026, issued pursuant to restricted share units under the company’s 2017 share incentive plan, reflecting stock-based compensation rather than an open-market trade.

How many GCT shares did the CFO receive in this Form 4 filing?

The CFO received 12,000 Class A Ordinary Shares in this transaction. These shares were issued at no cash cost under restricted share units from GigaCloud’s 2017 share incentive plan, increasing his direct holdings and aligning compensation with the company’s equity performance over time.

Is the GigaCloud (GCT) CFO Form 4 an open-market stock purchase?

No, the Form 4 reflects a grant of shares, not an open-market purchase. The 12,000 Class A Ordinary Shares were issued via restricted share units under the 2017 share incentive plan at a reported price of $0.0000 per share, representing stock-based compensation.

What are the CFO’s total GigaCloud (GCT) holdings after this grant?

After the grant, the CFO directly holds 31,000 Class A Ordinary Shares. This total includes the newly issued 12,000 shares from restricted share units and provides a snapshot of his direct equity stake following the reported compensation-related transaction on April 7, 2026.

What does the $0.0000 price per share mean in the GCT Form 4?

The $0.0000 price per share indicates the CFO did not pay cash for these shares. They were issued as part of restricted share units under GigaCloud’s 2017 share incentive plan, reflecting non-cash equity compensation rather than a market purchase at a traded share price.