Sec Form 4 Filing - Wu Lei @ GigaCloud Technology Inc - 2024-04-19

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Wu Lei 2. Issuer Name and Ticker or Trading Symbol GigaCloud Technology Inc [ GCT] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director X __ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chief Executive Officer (Last) (First) (Middle) C/O GIGACLOUD TECHNOLOGY INC, 4388 SHIRLEY AVENUE 3. Date of Earliest Transaction (MM/DD/YY) 04/19/2024 (Street) EL MONTE, CA91731 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Class A Ordinary Shares, par value $0.05 per share 04/19/2024 S( 1 ) 27,324 D $ 34.49 ( 2 ) 1,020,315 I By Shan Lao Hu Tong LLC, Ji Xiang Hu Tong Holdings Limited and TALENT BOOM GROUP LIMITED ( 3 ) ( 4 ) ( 5 ) Class A Ordinary Shares, par value $0.05 per share 04/19/2024 S( 1 ) 2,499 D $ 35.17 ( 6 ) 1,017,816 I By Shan Lao Hu Tong LLC, Ji Xiang Hu Tong Holdings Limited and TALENT BOOM GROUP LIMITED ( 3 ) ( 4 ) ( 5 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Class B Ordinary Shares, par value $0.05 per share ( 7 ) ( 7 ) ( 7 ) Class A Ordinary Shares, par value $0.05 per share 8,076,732 8,076,732 I By Shan Lao Hu Tong LLC, Ji Xiang Hu Tong Holdings Limited and TALENT BOOM GROUP LIMITED ( 3 ) ( 5 ) ( 8 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Wu Lei C/O GIGACLOUD TECHNOLOGY INC 4388 SHIRLEY AVENUE EL MONTE, CA91731 X X Chief Executive Officer JI XIANG HU TONG HOLDINGS LTD C/O GIGACLOUD TECHNOLOGY INC 4388 SHIRLEY AVENUE EL MONTE, CA91731 X X Chief Executive Officer SHAN LAO HU TONG LLC C/O GIGACLOUD TECHNOLOGY INC 4388 SHIRLEY AVENUE EL MONTE, CA91731 X X Chief Executive Officer TALENT BOOM GROUP LTD C/O GIGACLOUD TECHNOLOGY INC 4388 SHIRLEY AVENUE EL MONTE, CA91731 X X Chief Executive Officer Signatures /s/ Lei Wu 04/23/2024 Signature of Reporting Person Date /s/ Lei Wu, for Ji Xiang Hu Tong Holdings Limited, By: Lei Wu, its director 04/23/2024 Signature of Reporting Person Date /s/ Lei Wu, for Shan Lao Hu Tong LLC, By: Lei Wu, its sole member 04/23/2024 Signature of Reporting Person Date /s/ Lei Wu, for TALENT BOOM GROUP LIMITED, By: Lei Wu, its director 04/23/2024 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The shares were sold pursuant to the 10b5-1 plans. ( 2 )Represents the weighted average sale price. The lowest price at which shares were sold was $34.00 and the highest price at which shares were sold was $34.98. ( 3 )Lei Wu ("Mr. Wu") is the sole member and sole manager of a limited liability company, Shan Lao Hu Tong LLC, that is the sole shareholder of Ji Xiang Hu Tong Holdings Limited. Mr. Wu also controls TALENT BOOM GROUP LIMITED. As a result of these relationships, Mr. Wu may be deemed to be an indirect beneficial owner of the securities held by Ji Xiang Hu Tong Holdings Limited and TALENT BOOM GROUP LIMITED. ( 4 )Represents Class A ordinary shares, par value of US$0.05 per share, of the Issuer ("Class A Ordinary Shares") directly held by Ji Xiang Hu Tong Holdings Limited and TALENT BOOM GROUP LIMITED. ( 5 )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. ( 6 )Represents the weighted average sale price. The lowest price at which shares were sold was $35.01 and the highest price at which shares were sold was $35.29. ( 7 )The Class B Ordinary Shares are convertible at any time at the option of the holder into an equal number of Class A Ordinary Shares at no cost. ( 8 )Represents Class B ordinary shares, par value of US$0.05 per share, of the Issuer ("Class B Ordinary Shares") directly held by Ji Xiang Hu Tong Holdings Limited and TALENT BOOM GROUP LIMITED.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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