LEBENSBURGER KENNETH E JR 4
Research Summary
AI-generated summary
GigaCloud (GCT) Director Kenneth Lebensburger Receives 808 Shares
What Happened
Kenneth Lebensburger Jr., a director of GigaCloud Technology Inc. (GCT), was granted 808 Class A ordinary shares on 2026-02-17. The transaction is reported as an award/grant (transaction code A); the shares are listed at $0.00 per share in the filing, for a reported total of $0.
Key Details
- Transaction date: 2026-02-17; Filing date: 2026-02-17 (Form 4 accession 0001857816-26-000008).
- Transaction type: Award/Grant (Code A). Price reported: $0.00 per share.
- Shares acquired: 808 Class A ordinary shares (restricted share units converted to shares).
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: These shares "represent 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."
- No late filing or special selling-plan (e.g., 10b5-1) is indicated in the provided information.
Context
These were equity awards (RSUs) rather than an open-market purchase or sale. RSUs are typically subject to vesting and/or other plan conditions and are granted as compensation; they do not necessarily reflect an immediate purchase decision or market view. The $0 reporting reflects that the shares were issued as an award rather than bought — any tax withholding or later sales would be reported in separate filings.