LEBENSBURGER KENNETH E JR 4
Research Summary
AI-generated summary
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.