Wu Lei 4

4 · GigaCloud Technology Inc · Filed Apr 9, 2026

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Updated Apr 10, 2026

GigaCloud (GCT) CEO Wu Lei Receives 90,000-Share Award

What Happened

Wu Lei, CEO of GigaCloud Technology Inc. (GCT), received a grant of 90,000 shares (reported as an award) on April 7, 2026. The grant was reported as acquired at $0.00 per share (total reported cash cost $0). This was an equity award (restricted share units) rather than an open-market purchase or sale.

Key Details

Transaction date: 2026-04-07; Form 4 filed: 2026-04-09 (filed timely within the usual 2-business-day window).
Transaction type/code: Award/Grant (A).
Shares granted: 90,000; Price per share reported: $0.00; cash value reported: $0.
Shares owned after transaction: Not specified in this filing.
Footnotes of note:
- F1: These are Class A ordinary shares issued pursuant to restricted share units under the issuer’s 2017 share incentive plan.
- F2: The issuer’s Class B ordinary shares are convertible into an equal number of Class A shares at no cost.
- F4/F5: Some Class B shares are held by an entity (Ji Xiang Hu Tong Holdings Limited) controlled indirectly by Mr. Wu; he may be deemed an indirect beneficial owner of those securities.
- F3: Standard legal disclaimer that the filing is not an admission of beneficial ownership for Section 16 purposes.

Context

This was an equity compensation grant (RSUs), which is standard executive compensation and not an open-market trade. Vesting terms or restrictions are not detailed in the Form 4; RSUs typically convert to actual shares only after vesting conditions are met. The filing appears timely and contains no indication of immediate sale or cashless exercise.

Form 4

Period: 2026-04-07

DirectorChief Executive Officer10% Owner

Transactions

Award
Class A Ordinary Shares, par value $0.05 per share
[F1]
2026-04-07+90,000→ 160,000 total

Holdings

Class B Ordinary Shares, par value $0.05 per share
[F2]
→ Class A Ordinary Shares, par value $0.05 per share (5,000 underlying)
5,000
Class B Ordinary Shares, par value $0.05 per share
[F2][F3][F4][F5]
(indirect: By LLC)
→ Class A Ordinary Shares, par value $0.05 per share (7,151,732 underlying)
7,151,732

Footnotes (5)

[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.
[F2]The Class B Ordinary Shares are convertible at any time at the option of the holder into an equal number of Class A Ordinary Shares at no cost.
[F3]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.
[F4]Represents Class B ordinary shares, par value of US$0.05 per share, of the Issuer ("Class B Ordinary Shares") directly held by Ji Xiang Hu Tong Holdings Limited.
[F5]Lei Wu ("Mr. Wu") is the sole member and sole manager of a limited liability company, Shan Lao Hu Tong LLC, that is the sole shareholder of Ji Xiang Hu Tong Holdings Limited. As a result of these relationships, Mr. Wu may be deemed to be an indirect beneficial owner of the securities held by Ji Xiang Hu Tong Holdings Limited.

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