[Form 4] GigCapital7 Corp. Warrant Insider Trading Activity
Dr. Raluca Dinu, a director and 10% owner of GigCapital7 Corp., reported a Form 4 disclosing a donation of Class B ordinary shares. On 08/27/2025 she caused the transfer of 100,000 Class B ordinary shares for no consideration to a non‑affiliated charitable organization, with those shares held indirectly through GigAcquisitions7 Corp., the sponsor. The Class B shares are convertible into Class A ordinary shares and have no expiration date; the filing shows 100,000 Class A shares underlying the derivative and indicates 10,107,246 Class A ordinary shares are beneficially owned indirectly following the reported transaction.
- Transparent disclosure of an insider transfer on Form 4, including dates and beneficiary details
- Charitable transfer of 100,000 Class B ordinary shares for no consideration
- Clarification of ownership structure—shares held by GigAcquisitions7 Corp. with voting/dispositive power attributed to Dr. Dinu and Dr. Katz
- None.
Insights
TL;DR: Director reported an arm's‑length charitable transfer of founder shares; disclosure supports governance transparency.
The Form 4 documents a voluntary transfer of 100,000 Class B ordinary shares to a non‑affiliated charitable organization. The shares are held by the Sponsor and are convertible into Class A ordinary shares with no expiration. The reporting person is identified as both a director and a 10% owner, and the filing clarifies beneficial ownership and the Sponsor's voting/dispositive arrangements. This is a routine but important insider disclosure that maintains public record of insider holdings and transfers.
TL;DR: Transaction is a non‑compensatory donation of sponsor shares; the filing updates beneficial ownership counts.
The filing specifies the transfer date (08/27/2025) and that 100,000 Class B shares were transferred for no consideration. It also confirms the conversion mechanics (Class B to Class A) and that the Sponsor's holdings are beneficially owned by Dr. Dinu and Dr. Katz through GigAcquisitions7 Corp., with both having voting and dispositive power. The disclosure is factual and clarifies post‑transaction beneficial ownership of 10,107,246 Class A shares.