GigaCloud (GCT) Director Marshall Bernes Sells 27,703 Shares

What Happened

• Marshall Bernes, Head of Brand Center and a company director at GigaCloud Technology Inc. (GCT), sold a total of 27,703 shares in two open-market transactions. On 2026-09-21 he sold 12,000 shares at $53.47 each ($641,686), and on 2026-09-22 he sold 15,703 shares at $53.58 each ($841,444). Total proceeds were approximately $1,483,130. These were sales (S) rather than purchases.

Key Details

• Transaction dates and prices:
  • 2026-09-21: 12,000 shares @ $53.47 = $641,686
  • 2026-09-22: 15,703 shares @ $53.58 = $841,444
• Total shares sold: 27,703; Total proceeds: ≈ $1,483,130
• Shares owned after transaction: not specified in the filing
• Footnote: Shares are held directly by the Marshall R. Bernes Family Trust; Bernes is settlor and co-trustee and may be deemed to indirectly beneficially own those shares (F1).
• Filing: Form 4 filed on 2026-09-23 covering the 9/21–9/22 transactions; filing appears timely (filed within the normal 2-business-day window).

Context

• These were outright sales reported as open-market/private sales; sales are common insider activity and do not by themselves indicate company outlook. No purchases, option exercises, awards, or tax-withholding events were reported in this filing.