---
schema_version: "secwatch.filing_event.v1"
accession: "0001857816-26-000058"
form_type: "8-K"
ticker: "GCT"
cik: "0001857816"
company_name: "GigaCloud Technology Inc"
filed_at: "2026-05-11T20:09:39+00:00"
generated_at: "2026-05-11T22:24:58.571486+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# GigaCloud CEO's entity pledges up to 700k shares via prepaid forward contract

## Summary
- CEO Lei Wu's affiliate filed Form 144 to enter a PVFC pledging up to 700,000 Class A shares (1.9% of total outstanding).
- Pledged shares represent ~9.5% of Wu's beneficial ownership; acquired via conversion of Class B shares.
- PVFC expected to execute by June 29, 2026, with a tenor of approximately three years.
- Wu states no intent to sell any Company shares in the 12 months following PVFC execution.
- Purpose: orderly diversification and liquidity while retaining upside exposure up to a cap.

## SEC filing metadata
- accession: 0001857816-26-000058
- form_type: 8-K
- ticker: GCT
- cik: 0001857816
- company_name: GigaCloud Technology Inc
- filed_at: 2026-05-11T20:09:39+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1857816/000185781626000058/0001857816-26-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1857816/000185781626000058/gct-20260511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001857816-26-000058
- JSON: https://secwatch.observer/filing/0001857816-26-000058.json
- Plain text: https://secwatch.observer/filing/0001857816-26-000058.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.