GigaCloud (NASDAQ: GCT) CFO receives 12,000-share RSU equity award
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
- [object Object]
Key Figures
Shares granted: 12,000 shares
Price per share: $0.0000 per share
Total shares held after: 31,000 shares
3 metrics
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
Key Terms
restricted share units, 2017 share incentive plan, Class A Ordinary Shares
3 terms
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.
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.