FolioLanternBeta
GCTGigaCloud Technology Inc · Insider ownership research

GigaCloud Technology Inc insiders sold $59.9M in the past 12 months. How much of their stake is that?

Insiders sold $59.9M in the past 12 months.81% was sold under disclosed trading plans, 19% with no plan disclosed. The largest seller, Lei Wu (Chief Executive Officer, Director), sold $34.1M.Share-of-stake figures for this company are being verified and will be added when that check is finished. Why

Updated Oct 13, 2026 from SEC filings · covers Oct 14, 2025 to Oct 13, 2026
$11.3M
sold with no plan disclosed, past 12 months
81%
of sales were under disclosed trading plans, past 12 months
6 of 10
officers and directors sold shares, past 12 months
Latest filing: Filed Sep 25 for a sale from Sep 24 to Sep 25. Marshall Bernes sold 18K shares ($990K) with no plan disclosed. Filing
SEC ownership filings: 53 filed in the 12 months to Oct 13, 2026; 146 on record since Jan 2, 2024 · See the evidence

What stands out

Two officers sold $10.7M with no disclosed plan: Xin Wan ($7.4M) and Marshall Bernes ($3.3M). The filings don't state a reason.Xin Wan: largest such sale, Mar 5, 2026 · Marshall Bernes: largest such sale, Sep 22, 2026

A share of stake is shown for 0 of the 6 officers and directors who sold. 10 are left out

i
Left out: Lei Wu, Xin Wan, Xinyan Hao, Marshall Bernes, Zhiwu Chen, Iman Schrock, Xiaoyang Wei, Lorri Kelley, Jan Visser and Kenneth Lebensburger Jr. (share of stake is being verified).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Their share of stake is being verified and is not shown yet; amounts and trading plans are below.

Lei Wu
Chief Executive Officer, Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$34.1MDisclosed plan
Xinyan Hao
Chief Operating Officer
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$14.5MDisclosed plan
Xin Wan
Chief Technology Officer
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$7.4MNo plan disclosed
Marshall Bernes
Head of Brand Center, Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$3.3MNo plan disclosed
Iman Schrock
President
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$347KNo plan disclosed
All 6 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planNo plan disclosedOne dollar scale for every month; the tallest bar is labeled
Oct 2025: $508K under a disclosed planOctNov 2025: $12.0M under a disclosed planNovDec 2025: $2.0M under a disclosed planDecJan 2026: $7.6M under a disclosed planJanFeb 2026: $5.8M under a disclosed planFebMar 2026: $20.7M under a disclosed planMar 2026: $4.3M no plan disclosed$25.0MMarAprMayJunJulAug 2026: $4.2M no plan disclosedAugSep 2026: $2.8M no plan disclosedSepOct

Recent activity

Past 30 days, Sep 14, 2026 to Oct 13, 2026
Sep 25, 2026Marshall Bernes sold 14K shares ($749K) with no plan disclosed.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Marshall Bernes
Head of Brand Center, Director
13,800$54.31n/an/aSep 25, 2026Sep 25, 2026
Sep 24, 2026Marshall Bernes sold 4.5K shares ($241K) with no plan disclosed.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Marshall Bernes
Head of Brand Center, Director
4,497$53.58n/an/aSep 24, 2026Sep 25, 2026
Sep 22, 2026Marshall Bernes sold 16K shares ($841K) with no plan disclosed.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Marshall Bernes
Head of Brand Center, Director
15,703$53.58n/an/aSep 22, 2026Sep 23, 2026
Sep 21, 2026Marshall Bernes sold 12K shares ($642K) with no plan disclosed.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Marshall Bernes
Head of Brand Center, Director
12,000$53.47n/an/aSep 21, 2026Sep 23, 2026
Sep 18, 2026Zhiwu Chen sold 3K shares ($159K) with no plan disclosed.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Zhiwu Chen
Director
3,000$53.12n/an/aSep 18, 2026Sep 21, 2026
Show all 7 events
Sep 16, 2026Zhiwu Chen sold 1.5K shares ($79K) with no plan disclosed.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Zhiwu Chen
Director
1,500$52.96n/an/aSep 16, 2026Sep 16, 2026
Sep 14, 2026Zhiwu Chen sold 1.5K shares ($79K) with no plan disclosed.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Zhiwu Chen
Director
1,500$52.38n/an/aSep 14, 2026Sep 16, 2026

"% of total stake" is the shares in an event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings are not confirmed, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Common questions

Is the GigaCloud Technology Inc CEO selling stock?

Yes. Lei Wu sold 800K shares ($34.1M) in the past 12 months, all of it under a trading plan disclosed in the filings.

Why are GigaCloud Technology Inc insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 81% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 19% had no disclosed plan. A trading plan schedules sales in advance.

Are any GigaCloud Technology Inc insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

The evidence

Who sold6 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Lei Wu
Chief Executive Officer, Director
$34.1M
800K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Xinyan Hao
Chief Operating Officer
$14.5M
436K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Xin Wan
Chief Technology Officer
$7.4M
160K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Marshall Bernes
Head of Brand Center, Director
$3.3M
61K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Iman Schrock
President
$347K
6.7K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Zhiwu Chen
Director
$317K
6K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
The full ownership picture0 of 10 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 13, 2025SoldHeld Oct 13, 2026Still held
Lei Wu
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Lei Wu are complete.
Chief Executive Officer, Director
n/a−800Kn/an/a
Vesting, gifts, unvested awards and holding lines for Lei Wu

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Lei Wu are complete; balances and unit counts will be added when the check is finished.

−116Kgifted (net of own trusts)
Xin Wan
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Xin Wan are complete.
Chief Technology Officer
n/a−160Kn/an/a
Vesting, gifts, unvested awards and holding lines for Xin Wan

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Xin Wan are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Xinyan Hao
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Xinyan Hao are complete.
Chief Operating Officer
n/a−436Kn/an/a
Vesting, gifts, unvested awards and holding lines for Xinyan Hao

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Xinyan Hao are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Marshall Bernes
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Marshall Bernes are complete.
Head of Brand Center, Director
n/a−61Kn/an/a
Vesting, gifts, unvested awards and holding lines for Marshall Bernes

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Marshall Bernes are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Zhiwu Chen
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Zhiwu Chen are complete.
Director
n/a−6Kn/an/a
Vesting, gifts, unvested awards and holding lines for Zhiwu Chen

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Zhiwu Chen are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Iman Schrock
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Iman Schrock are complete.
President
n/a−6.7Kn/an/a
Vesting, gifts, unvested awards and holding lines for Iman Schrock

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Iman Schrock are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−1.6Kwithheld by the company for taxes
Xiaoyang Wei
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Xiaoyang Wei are complete.
Chief Financial Officer
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Xiaoyang Wei

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Xiaoyang Wei are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Lorri Kelley
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Lorri Kelley are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Lorri Kelley

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Lorri Kelley are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Jan Visser
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Jan Visser are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Jan Visser

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Jan Visser are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Kenneth Lebensburger Jr.
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Kenneth Lebensburger Jr. are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Kenneth Lebensburger Jr.

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Kenneth Lebensburger Jr. are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Holdings and share of stake for GigaCloud Technology Inc are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

What explains the selling$59.9M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $59.9M across 1,469,937 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

The lighter segment is sales with no plan disclosed in the filing ($11.3M), including tax-related sales outside a plan.

No plan disclosed · $11.3M

Sales with no 10b5-1 plan and no tax reference in the filing. $7.4M of it is Xin Wan. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Xin Wan, Mar 5, 2026

Taxes

1,621 shares ($71K) were withheld by the company for taxes, which isn't a market sale.

Charitable gifts · 116K shares

Gifts the filings describe as charitable. Gifts are not sales and are not included in the sale totals.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Lei Wu
Chief Executive Officer, Director
800K$34.1M100%57%Jan 7, 2026 to Mar 20, 2026
Xinyan Hao
Chief Operating Officer
436K$14.5M100%24%Oct 29, 2025 to Dec 5, 2025
Xin Wan
Chief Technology Officer
160K$7.4M0%12%Mar 5, 2026 to Aug 11, 2026
Marshall Bernes
Head of Brand Center, Director
61K$3.3M0%5%Aug 10, 2026 to Sep 25, 2026
Iman Schrock
President
6.7K$347K0%0.6%Aug 10, 2026 to Aug 10, 2026
Zhiwu Chen
Director
6K$317K0%0.5%Sep 14, 2026 to Sep 18, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$508K$508K$0$0
Nov 2025$12.0M$12.0M$0$0
Dec 2025$2.0M$2.0M$0$0
Jan 2026$7.6M$7.6M$0$0
Feb 2026$5.8M$5.8M$0$0
Mar 2026$25.0M$20.7M$0$4.3M
Apr 2026$0$0$0$0
May 2026$0$0$0$0
Jun 2026$0$0$0$0
Jul 2026$0$0$0$0
Aug 2026$4.2M$0$0$4.2M
Sep 2026$2.8M$0$0$2.8M
Oct 2026$0$0$0$0
Known gaps and uncertainty10 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for GigaCloud Technology Inc are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology146 filings on record, 53 filed in the 12-month period, and how we read them

All 146 Forms 3, 4 and 5 on record for GigaCloud Technology Inc (SEC CIK 1857816), filed from Jan 2, 2024 to Sep 25, 2026; 53 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 13, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (2)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Frank LinDec 12, 20241,406,813 shares, last reported balance as of Dec 6, 2024
David LauApr 12, 202455,803 shares, last reported balance as of Apr 10, 2024

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.