STOCK TITAN

GigaCloud director sells 3,000 shares around $53

GigaCloud Technology Inc (GCT) director Chen Zhiwu reported selling a total of 3,000 Class A Ordinary Shares on September 18, 2026 in open market or private transactions.

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

GigaCloud Technology Inc (GCT) director Chen Zhiwu reported selling a total of 3,000 Class A Ordinary Shares on September 18, 2026 in open market or private transactions. The sales were executed at per-share prices of $53.48 for 1,200 shares and $52.88 for 1,800 shares. No Rule 10b5-1 trading plan is reported for these transactions.

Positive

  • None.

Negative

  • None.
Insider Chen Zhiwu
Role Director
Sold 3,000 shs ($159K)
Type Security Shares Price Value
Sale Class A Ordinary Shares, par value $0.05 per share 1,200 $53.48 $64K
Sale Class A Ordinary Shares, par value $0.05 per share 1,800 $52.88 $95K
Holdings After Transaction: Class A Ordinary Shares, par value $0.05 per share — 21,057 shares (Direct)
Shares sold at $53.48 1,200 shares Class A Ordinary Shares sold by director Chen Zhiwu on September 18, 2026 at $53.48 per share
Shares sold at $52.88 1,800 shares Class A Ordinary Shares sold by director Chen Zhiwu on September 18, 2026 at $52.88 per share
Total shares sold 3,000 shares Aggregate Class A Ordinary Shares sold by the director across both transactions on September 18, 2026
Par value per share $0.05 per share Par value of GigaCloud Technology Inc Class A Ordinary Shares involved in the transactions
Class A Ordinary Shares financial
"Class A Ordinary Shares, par value $0.05 per share"
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.
par value financial
"Class A Ordinary Shares, par value $0.05 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
open market or private transaction financial
"Sale in open market or private transaction"
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for these transactions"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

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

What insider transaction did GCT report for director Chen Zhiwu?

GigaCloud Technology Inc reported that director Chen Zhiwu sold a total of 3,000 Class A Ordinary Shares on September 18, 2026 in open market or private transactions.

How many GCT shares did the director sell and at what prices?

Director Chen Zhiwu sold 1,200 GCT Class A shares at $53.48 per share and 1,800 shares at $52.88 per share, for a total of 3,000 shares sold on September 18, 2026.

Were the GCT insider sales made under a Rule 10b5-1 trading plan?

No. The filing indicates the Rule 10b5-1 checkbox is not affirmed, meaning these 3,000-share sales by director Chen Zhiwu were not reported as being made under a Rule 10b5-1 trading plan.

What type of security did the GCT director sell?

The transactions involved Class A Ordinary Shares of GigaCloud Technology Inc, each with a par value of $0.05 per share, sold in open market or private transactions.

Does the Form 4 state the director’s remaining GCT holdings after the sale?

The Form 4 reports the 3,000 shares sold and related prices on September 18, 2026 but does not state a specific share count for director Chen Zhiwu’s holdings following these transactions.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
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*
Chen Zhiwu

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/18/2026
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 share09/18/2026S1,200D$53.4822,857D
Class A Ordinary Shares, par value $0.05 per share09/18/2026S1,800D$52.8821,057D
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:
Remarks:
/s/ Lei Wu, Attorney-in-fact09/21/2026
** 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)

Keep reading