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  4. [Form 4] GigaCloud Technology Inc Insider Trading Activity

100K GigaCloud (NASDAQ: GCT) shares sold by CTO-linked entity

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

GigaCloud Technology Inc’s Form 4 shows an entity linked to its Chief Technology Officer, FAITHFUL WINNER HOLDINGS LIMITED, selling 100,000 Class A ordinary shares in an open-market transaction. The weighted average sale price was about $43.38 per share, with individual trades ranging from $43.39 to $44.04.

Following the sale, FAITHFUL WINNER HOLDINGS LIMITED holds 717,540 Class A ordinary shares. Separately, Xin Wan holds 5,500 Restricted Share Units directly, each representing a contingent right to receive one Class A share. These RSUs vest over a twelve-month period from the grant date, subject to continuous service.

Positive

  • None.

Negative

  • None.
Insider WAN XIN, FAITHFUL WINNER HOLDINGS LTD
Role Chief Technology Officer | Chief Technology Officer
Sold 100,000 shs ($4.34M)
Type Security Shares Price Value
Sale Class A Ordinary Shares, par value $0.05 per share 100,000 $43.38 $4.34M
holding Restricted Share Units -- -- --
holding Class A Ordinary Shares, par value $0.05 per share -- -- --
Holdings After Transaction: Class A Ordinary Shares, par value $0.05 per share — 717,540 shares (Indirect, By FAITHFUL WINNER HOLDINGS LIMITED); Restricted Share Units — 5,500 shares (Direct); Class A Ordinary Shares, par value $0.05 per share — 5,500 shares (Direct)
Footnotes (1)
  1. Represents the weighted average sale price. The lowest price at which shares were sold was $43.39 and the highest price at which shares were sold was $44.04. 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. The securities are directly held by FAITHFUL WINNER HOLDINGS LIMITED. Xin Wan is the sole shareholder and sole director of FAITHFUL WINNER HOLDINGS LIMITED and may be deemed to be an indirect beneficial owner of the securities held by FAITHFUL WINNER HOLDINGS LIMITED. Each Restricted Share Unit ("RSU") represents a contingent right to receive one share of Class A ordinary shares of the Issuer when vested. 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.
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).
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*
WAN XIN
(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 Technology Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
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 03/05/2026 S 100,000 D $43.38(1) 717,540 I By FAITHFUL WINNER HOLDINGS LIMITED(2)(3)
Class A Ordinary Shares, par value $0.05 per share 5,500 D
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 (4) (5) (5) Class A Ordinary Shares, par value $0.05 per share 5,500 5,500 D
1. Name and Address of Reporting Person*
WAN XIN
(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 Technology Officer
1. Name and Address of Reporting Person*
FAITHFUL WINNER HOLDINGS 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 Technology Officer
Explanation of Responses:
1. Represents the weighted average sale price. The lowest price at which shares were sold was $43.39 and the highest price at which shares were sold was $44.04.
2. 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.
3. The securities are directly held by FAITHFUL WINNER HOLDINGS LIMITED. Xin Wan is the sole shareholder and sole director of FAITHFUL WINNER HOLDINGS LIMITED and may be deemed to be an indirect beneficial owner of the securities held by FAITHFUL WINNER HOLDINGS LIMITED.
4. Each Restricted Share Unit ("RSU") represents a contingent right to receive one share of Class A ordinary shares of the Issuer when vested.
5. 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 03/05/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did GigaCloud (GCT) report in this latest Form 4 filing?

The filing reports an entity linked to GigaCloud’s CTO selling 100,000 Class A ordinary shares in open-market trades around a weighted average price of $43.38, and also discloses current holdings of shares and Restricted Share Units.

Who actually sold GigaCloud (GCT) shares in this Form 4 filing?

The shares were sold by FAITHFUL WINNER HOLDINGS LIMITED, an entity that directly holds the securities. Xin Wan is the sole shareholder and director of this entity and may be deemed an indirect beneficial owner, subject to the stated ownership disclaimers.

How many GigaCloud (GCT) shares were sold and at what prices?

The entity sold 100,000 Class A ordinary shares. The weighted average sale price was about $43.38 per share, with individual trades executed between $43.39 and $44.04, reflecting typical open-market sale price variation within that range.

How many GigaCloud (GCT) shares remain after this insider sale?

After the sale, FAITHFUL WINNER HOLDINGS LIMITED holds 717,540 Class A ordinary shares. This figure reflects the position following the 100,000-share open-market sale reported, providing a snapshot of the entity’s remaining indirect equity exposure in GigaCloud.

What Restricted Share Units did the GigaCloud (GCT) Form 4 disclose?

The Form 4 discloses 5,500 Restricted Share Units held directly. Each RSU represents a contingent right to receive one Class A ordinary share, vesting over a twelve‑month period from the grant date, provided the reporting person maintains continuous service throughout.

Does the GigaCloud (GCT) Form 4 include any ownership disclaimers?

Yes. The filing states it should not be deemed an admission that any reporting person is the beneficial owner of the securities, and it explains that FAITHFUL WINNER HOLDINGS LIMITED directly holds the shares while Xin Wan may be deemed an indirect beneficial owner.