Key facts
- This page summarizes Frank Hurst Lin's Form 4 filing for GigaCloud Technology Inc (GCT).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 12 Dec 2024, 18:32.
Frank Hurst Lin - 06 Dec 2024 Form 4 Insider Report for GigaCloud Technology Inc (GCT)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- GCT
- Reported as of
- 06 Dec 2024
- Net transaction value
- -$58,055,057
- SEC form
- 4
- Accepted by SEC
- 12 Dec 2024, 18:32:53 UTC
- Prior SEC filing
- 01 Jul 2024
- Next SEC filing
- 18 Mar 2026
- Source filing
- View source filing
- Reporting owner signature
- /s/ Matthew C. Bonner, attorney-in-fact for Frank Hurst Lin
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Frank Hurst Lin filed Form 4 for GigaCloud Technology Inc (GCT) on 12 Dec 2024.
Change
- Previous filing in this sequence was filed on 01 Jul 2024.
- Current net transaction value: -$58,055,057.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
GCT
transaction
Class A Ordinary Shares, par value $0.05 per share
Sale
- Transaction value
- $58,055,057
- Shares
- -2,663,076
- Change %
- -65%
- Price
- $21.80
- Shares after
- 1,406,813
- Date
- 06 Dec 2024
- Ownership
- By DCM IX, L.P. and DCM Affiliates Fund IX, L.P.
- Footnotes
- F1, F2, F3, F4, F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Frank Hurst Lin is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 6 footnotes
Footnote F1
An aggregate of 2,597,030 class A ordinary shares was sold by DCM IV, L.P ("DCM IV") and an aggregate of 66,046 class A ordinary shares was sold by DCM Affiliates Fund IV, L.P. ("Affiliates IV"). Following the transactions, DCM IV and Affiliates IV do not hold any shares of the Issuer.
Footnote F2
DCM Investment Management IV, L.P. ("DGP IV") is the general partner of each of DCM IV and Affiliates IV. DCM International IV, Ltd. ("UGP IV") is the general partner of DGP IV. DGP IV and UGP IV may each be deemed to have sole voting and investment power over, and may be deemed to be an indirect beneficial owner of, the securities held by DCM IV and Affiliates IV.
Footnote F3
Includes class A ordinary shares directly held by each of DCM IX, L.P. ("DCM IX") and DCM Affiliates Fund IX, L.P. ("Affiliates IX").
Footnote F4
DCM Investment Management IX, L.P. ("DGP IX") is the general partner of each of DCM IX and Affiliates IX. DCM International IX, Ltd. ("UGP IX") is the general partner of DGP IX. DGP IX and UGP IX may each be deemed to have sole voting and investment power over, and may be deemed to be an indirect beneficial owner of, the securities held by DCM IX and Affiliates IX.
Footnote F5
Frank Hurst Lin ("Lin") and Matthew C. Bonner ("Bonner") are the directors of UGP IV and UGP IX and may each be deemed to have share voting and investment power with DGP IV, UGP IV and DGP IX and UGP IX over, and may be deemed to be an indirect beneficial owner of, the securities held by DCM IV, Affiliates IV, DCM IX and Affiliates IX. Andre G. Levi ("Levi") is a director of UGP IX and may be deemed to have share voting and investment power with DGP IX and UGP IX over, and may be deemed to be an indirect beneficial owner of, the securities held by DCM IX and Affiliates IX.
Footnote F6
DGP IV, UGP IV, DGP IX, UGP IX, Lin and Bonner each disclaim beneficial ownership of the reported securities, except to the extent of any pecuniary interest therein. 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 or for any other purpose.
SEC remarks
1. Lin served on the board of directors of the Issuer until November 6, 2024. 2. Matthew C. Bonner signs as attorney-in-fact for each of Lin, DCM IV, Affiliates IV, DGP IV, UGP IV, DCM IX, Affiliates IX, DGP IX and UGP IX pursuant to a Power of Attorney which was included in the Schedule 13D filed by the Reporting Persons with the Securities and Exchange Commission on August 29, 2023.