WEI XIAOYANG 4

What Happened

• Wei Xiaoyang, Chief Financial Officer of GigaCloud Technology Inc. (GCT), was the recipient of an award/issuance of 12,000 Class A ordinary shares on April 7, 2026.
• The shares were reported as acquired at $0.00 per share (total recorded value $0), and the transaction is coded as an award/grant (A) on the Form 4 filed April 9, 2026.
• This was an equity award (not an open-market purchase or sale); such awards are typically compensation-related and may be subject to vesting or other plan terms.

Key Details

• Transaction date: 2026-04-07; Form 4 filed: 2026-04-09 (filed within the standard 2-business-day reporting window).
• Price: $0.00 per share; total recorded acquisition value: $0.
• Shares acquired: 12,000 Class A ordinary shares.
• Footnote: F1 — Shares were issued pursuant to restricted share units (RSUs) granted under the company’s 2017 share incentive plan.
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context

• This is an award/grant (RSU-related issuance), which differs from a market purchase or sale and often reflects compensation under the company’s equity plan; RSUs may be subject to vesting and other conditions under the plan.
• Awards do not directly indicate buying/selling sentiment by the insider; they are compensation events that can dilute existing equity over time if shares are issued.