GigaCloud Technology Inc·4

May 18, 9:32 PM ET

LEBENSBURGER KENNETH E JR 4

Research Summary

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GigaCloud (GCT) Director Kenneth Lebensburger Receives 790-Share Award

What Happened

  • Kenneth E. Lebensburger Jr, a director of GigaCloud Technology Inc. (GCT), was granted 790 Class A ordinary shares on May 17, 2026. The filing reports an acquisition as an award (code A) at $0.00 per share (total $0), reflecting issuance pursuant to restricted share units.

Key Details

  • Transaction date: 2026-05-17; Form 4 filed: 2026-05-18 (timely filing).
  • Shares granted: 790; reported price per share: $0.00; reported total value: $0.
  • Shares owned after the transaction: not specified in the provided filing.
  • Footnote: F1 — these are Class A ordinary shares issued pursuant to restricted share units granted under the Issuer's 2017 share incentive plan.
  • Transaction type: Award/Grant (not a market purchase or sale).

Context

  • This was a compensation award (RSUs), common for directors and employees; such grants reflect compensation arrangements and vesting schedules rather than open-market buying or selling. Awards do not necessarily indicate a personal purchase decision or immediate market sentiment.