Head of Brand Center at Gigacloud Technology Inc Sells $990,402 in Stock

Marshall Bernes, who serves as Head of Brand Center at Gigacloud Technology Inc (GCT), sold 18,297 shares of the company's stock, according to a disclosure filed with the U.S. Securities and Exchange Commission.

The transaction was executed at a price of $54.13 per share, for a total value of approximately $990,402.

Insider transactions of this kind are publicly disclosed through Form 4 filings with the SEC, which must generally be submitted within two business days of the trade date.

Sales by insiders often reflect routine portfolio management or pre-scheduled trading plans rather than a view on the company's prospects.