Overview
Director Wu Lei of GigaCloud Technology Inc (NASDAQ: GCT) sold a total of 83,990 Class A Ordinary Shares across six transactions executed on March 11, 12 and 13, 2026. The dispositions, completed under a pre-arranged 10b5-1 trading plan, generated aggregate proceeds of $3,823,762. In a summary of the trades, prices were described as ranging from $41.15 to $43.73 per share.
Details of the trades
The individual transactions were recorded as follows:
- March 11 - 21,697 shares sold at a weighted average price of $43.24, with prices ranging from $42.57 to $43.56;
- March 11 - 8,303 shares sold at a weighted average price of $43.73, with prices ranging from $43.57 to $44.30;
- March 12 - 3,098 shares sold at a weighted average price of $42.00, with prices ranging from $41.44 to $42.43;
- March 12 - 26,902 shares sold at a weighted average price of $42.81, with prices ranging from $42.45 to $43.43;
- March 13 - 22,246 shares sold at a weighted average price of $41.15, with prices ranging from $40.71 to $41.70;
- March 13 - 7,754 shares sold at a weighted average price of $41.95, with prices ranging from $41.71 to $42.50.
Those sales were executed indirectly through Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited, entities in which Wu holds significant influence. Following the transactions, the entities continue to indirectly hold between 210,000 and 278,303 Class A Ordinary Shares.
Broader ownership and convertibility
In addition to the Class A holdings controlled indirectly through the two entities, Wu also indirectly holds 7,276,732 Class B Ordinary Shares through Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited. Those Class B Ordinary Shares are convertible into Class A Ordinary Shares at any time, according to the company-specific disclosure provided alongside the filings.
Market context and valuation signals
GigaCloud shares have experienced a substantial run-up in recent periods, climbing 174% over the past year and 34% over the past six months. Despite that performance, InvestingPro analysis cited in company-related materials indicates that the stock still trades below Fair Value. The company carries a market capitalization of $1.5 billion and trades at a price-to-earnings ratio of 11.89, a figure presented alongside commentary on the company’s near-term earnings growth prospects.
Recent financial results
GigaCloud Technology reported fourth-quarter results for 2025 that exceeded expectations on both earnings and revenue. The company reported earnings per share of $1.16 versus consensus expectations of $0.66, representing a 75.76% surprise. Revenue for the period came in at $362.7 million, compared with an expected $326.9 million, a surprise of 10.95% relative to consensus forecasts. Those figures were disclosed alongside the trading and ownership information.
Corporate calendar and next steps
The company has scheduled its 2026 annual shareholder meeting for July 10, and set the record date for voting eligibility at April 28. The filing indicates that additional information about the meeting will be provided in the company’s forthcoming proxy statement.
Further resources
For investors seeking additional context on GCT’s valuation and financial health, the materials referenced note that InvestingPro provides 11 additional ProTips and a suite of financial health metrics covering the company.