{"schema_version":"secwatch.filing_event.v1","accession":"0001857816-25-000013","form_type":"8-K","ticker":"GCT","cik":"0001857816","company_name":"GigaCloud Technology Inc","filed_at":"2025-03-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.343576+00:00","generated_at":"2026-05-25T20:42:59.509077+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"GigaCloud reports 2024 revenue >$1B (+65%); Q4 net income down 13%; appoints CFO","bullets":["Q4 2024 revenue $295.8M (+20.9% YoY), net income $31.0M (-12.9%), diluted EPS $0.76 (-12.6%).","Full year 2024 revenue $1,161.0M (+65.0%), net income $125.8M (+33.7%), diluted EPS $3.05 (+32.6%).","Marketplace GMV $1,341.4M (+68.9%); gross margin declined to 24.6% from 26.8% in 2023.","Appointed Xiaoyang Wei (Erica) as CFO effective Feb 26, 2025; previously interim CFO since Aug 2024.","CFO base salary $25,647/month plus $100K annual other comp; eligible for share incentive plan."],"urls":{"canonical":"https://secwatch.observer/filing/0001857816-25-000013","json":"https://secwatch.observer/filing/0001857816-25-000013.json","markdown":"https://secwatch.observer/filing/0001857816-25-000013.md","text":"https://secwatch.observer/filing/0001857816-25-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1857816/000185781625000013/0001857816-25-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1857816/000185781625000013/gct-20250226.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T20:42:59.509077+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6c68757d45","claim":"Xiaoyang Wei was appointed as Chief Financial Officer at GigaCloud Technology Inc.","evidence_excerpt":"On February 26, 2025 , the Board of Directors of the Company approved the appointment of Ms. Xiaoyang Wei, Erica, 33, as the Company’s Chief Financial Officer, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1857816/000185781625000013/0001857816-25-000013-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}