Form 4: Bernes Marshall sold GCT
Bernes Marshall (Head of Brand Center at GigaCloud Technology Inc) reported an open-market sale of 10,000 shares of GCT at an average $53.00, roughly $530,000, in a Form 4 filed 2026-08-17.
Past performance does not predict future results. Informational only, not investment advice.
Bernes Marshall (Head of Brand Center at GigaCloud Technology Inc) reported an open-market sale of 10,000 shares of GCT at an average $53.00, roughly $530,000, in a Form 4 filed 2026-08-17.
WAN XIN (Chief Technology Officer at GigaCloud Technology Inc) reported an open-market sale of 60,000 shares of GCT at an average $50.94, roughly $3,056,484, in a Form 4 filed 2026-08-12.
Bernes Marshall (Head of Brand Center at GigaCloud Technology Inc) reported an open-market sale of 5,000 shares of GCT at an average $51.88, roughly $259,400, in a Form 4 filed 2026-08-12.
SCHROCK IMAN AJ (President at GigaCloud Technology Inc) reported an open-market sale of 6,679 shares of GCT at an average $51.91, roughly $346,697, in a Form 4 filed 2026-08-12.
GCT Semiconductors' unnamed January 2026 licensing deal is likely with Amazon, who subsequently acquired Globalstar in April 2026 for $11.6B to launch Amazon Leo. GCT's 5G/4G chips are positioned as essential infrastructure for Amazon's satellite communications service, positioning the company for significant revenue growth.
GCT Semiconductor is positioned for significant growth through multiple high-margin revenue streams: a 1M-unit satellite licensing deal with recurring royalties, a Samsung/Aramco 5G private network rollout in Saudi Arabia, and a European Tier-1 partnership capturing growth in the FWA market (projected to grow from 30M to 280M connections by 2029). The author, a long-term holder, expects 5x-16x returns by 2028 driven by these partnerships and upcoming revenue announcements.
End of results.