Chen Zhiwu 4

What Happened

• Chen Zhiwu, a director of GigaCloud Technology Inc. (GCT), was issued 808 Class A ordinary shares on 2026-02-17 as an award under the company's share incentive plan. The filing shows an acquisition at $0.00 per share (award), so no cash was paid for these shares.

Key Details

• Transaction date: 2026-02-17
• Transaction type/code: Award/Acquisition (A) — restricted share units converted to shares
• Price per share reported: $0.00; total cash consideration reported: $0
• Shares owned after transaction: not specified in the filing
• Footnote: Issued pursuant to the Issuer's 2017 share incentive plan (restricted share units) (Footnote F1)
• Filing timeliness: Reported on the same date (filed 2026-02-17); no late filing indicated

Context

• This was an equity award (RSU issuance), not an open-market purchase or sale; such grants are common for compensation or retention and do not by themselves signal an immediate bullish market action.
• Restricted share units typically vest over time or upon achievement of conditions; the filing indicates issuance of shares pursuant to RSUs but does not detail vesting or tax withholding.