GigaCloud Technology Inc — Director's Dealing 2024

Dec 9, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GigaCloud Technology Inc (GCT)
CIK: 0001857816
Period of Report: 2024-12-06

Reporting Person: WAN XIN (Chief Technology Officer)
Reporting Person: FAITHFUL WINNER HOLDINGS LTD (Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-12-06	Class A Ordinary Shares, par value $0.05 per share	S	80000	$22.14	Disposed	867540	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Ordinary Shares, par value $0.05 per share	10000	Indirect

Footnotes

F1: The shares were sold pursuant to the 10b5-1 plans.

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.

F4: This report shall not be deemed an admission that any of the reporting persons is the beneficial owner of such securities for purposes of Section 16 of Securities Exchange Act of 1934, as amended, or for any other purpose.

F5: The securities are directly held by FAITHFUL WINNER HOLDINGS LIMITED. Xin Wan is the sole shareholder and sole director of FAITHFUL WINNER HOLDINGS LIMITED and may be deemed to be an indirect beneficial owner of the securities held by FAITHFUL WINNER HOLDINGS LIMITED.