Xin Wan - 10 Apr 2025 Form 4 Insider Report for GigaCloud Technology Inc (GCT)

Reporting relationship: Chief Technology Officer
Issuer ticker: GCT
Reported as of: 10 Apr 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 11 Apr 2025, 06:04:58 UTC
Prior SEC filing: 19 Dec 2024
Next SEC filing: 05 Mar 2026
Source filing: View source filing
Reporting owner signature: /s/ Lei Wu, Attorney-in-fact, for each of the reporting persons named herein

Key filing fact

Xin Wan filed Form 4 for GigaCloud Technology Inc (GCT) on 11 Apr 2025.

Key facts

This page summarizes Xin Wan's Form 4 filing for GigaCloud Technology Inc (GCT).
4 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 11 Apr 2025, 06:04.

Change

Previous filing in this sequence was filed on 19 Dec 2024.
Current net transaction value: $0.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

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

Award

Transaction value: $0
Shares: +5,500
Change %
Price: $0.000000
Shares after: 5,500
Date: 10 Apr 2025
Ownership: Direct
Footnotes: F1

GCT transaction

Class A Ordinary Shares, par value $0.05 per share

Options Exercise

Transaction value: $0
Shares: +10,000
Change %: +1.2%
Price: $0.000000
Shares after: 817,540
Date: 10 Apr 2025
Ownership: By FAITHFUL WINNER HOLDINGS LIMITED
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GCT transaction Derivative

Restricted Share Units

Award

Transaction value: $0
Shares: +5,500
Change %
Price: $0.000000
Shares after: 5,500
Date: 10 Apr 2025
Ownership: Direct
Underlying class: Class A Ordinary Shares, par value $0.05 per share
Underlying amount: 5,500
Exercise price
Footnotes: F3, F4

GCT transaction Derivative

Restricted Share Units

Options Exercise

Transaction value: $0
Shares: -10,000
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 10 Apr 2025
Ownership: By FAITHFUL WINNER HOLDINGS LIMITED
Underlying class: Class A Ordinary Shares, par value $0.05 per share
Underlying amount: 10,000
Exercise price
Footnotes: F2, F3, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Represents Issuer's Class A ordinary shares issued pursuant to restricted share units granted to the Reporting Person under the Issuer's 2017 share incentive plan.

Footnote F2

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. 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.

Footnote F3

Each Restricted Share Unit ("RSU") represents a contingent right to receive one share of Class A ordinary shares of the Company when vested.

Footnote F4

The RSUs will be vested at the end of the twelve (12)-month period commencing from the date of grant on April 10, 2025, subject to continuous service. Vested shares will be delivered to the reporting person following vesting.

Footnote F5

These RSUs, which were granted on April 10 2024, vest upon the satisfaction of a service condition and have no expiration date. The service condition was fully satisfied on April 10, 2025.