Form 4 for GCT GigaCloud Technology Inc
Accepted 2024-12-09 00:00:00 ET · period of report 2024-12-06 · accession 0001857816-24-000228 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2024-12-09 | 2024-12-06 | GCT | FAITHFUL WINNER HOLDINGS LTD | CTO | S - Sale | $22.14 | -80.0K | 867.5K | -8% | -$1.77M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Ordinary Shares, par value $0.05 per share | 2024-12-06 | S | D | 80,000 | $22.14 | 867,540 | I By Dongsi Tou Tiao Limited | — | — | (F2) Represents the weighted average sale price. The lowest price at which shares were sold was $21.52 and the highest price at which shares were sold was $22.50. (F3) Represents Class A Ordinary Shares held by Dongsi Tou Tiao Limited, a company incorporated in British Virgin Islands, for Mr. Xin Wan ("Mr. Wan"). Dongsi Tou Tiao Limited is controlled and managed by Dongsi Tou Tiao Trust, a trust established under a trust deed dated July 13, 2021 between GigaCloud Technology Inc and Futu Trustee as trustee. The trust's beneficiaries are certain directors and executive officers of the Issuer, including Mr. Xin Wan, who are the participants of the Issuer's 2008 Share Incentive Plan and 2017 Share Incentive Plan. The trust deed provides that the trustee shall not exercise the voting rights attached to the Issuer's shares held by Dongsi Tou Tiao Limited, or the investment and dispositive power, unless otherwise directed by the advisory committee of the trust. |