HF Foods CFO granted 54,087 RSUs and PSUs

HF Foods Group Inc. reported that CFO Paul E. McGarry acquired equity awards rather than buying shares on the market.

Rhea-AI Filing Summary

HF Foods Group Inc. reported that CFO Paul E. McGarry acquired equity awards rather than buying shares on the market. He received 54,087 restricted stock units of common stock, which vest in one-third increments annually starting on April 15, 2027. Following this grant, his direct common stock holdings reported in the filing total 63,787 shares.

He was also granted 54,087 performance stock units (PSUs), each representing a contingent right to receive between 1 and 2.25 times shares of common stock if vesting conditions are met. The PSUs are scheduled to vest on April 15, 2029 if, for a 30‑trading‑day period between January 1, 2026 and December 31, 2028, the company’s closing market capitalization averages between $200 million and $400 million. After this PSU grant, his reported PSU balance is 61,287 units.

Insider Trade Summary

Grant/Award: 108,174 shares

Grant/Award 2 txns

Insider McGarry Paul E

Role CFO

Type	Security	Shares	Price	Value
Grant/Award	Performance Stock Units	54,087	$0.00	$0.00
Grant/Award	Common Stock	54,087	$0.00	$0.00

Holdings After Transaction: Performance Stock Units — 61,287 contracts (Direct); Common Stock — 63,787 shares (Direct)

Footnotes (3)

1. F1. Represents a grant of restricted stock units; vests in one-third increments annually, beginning April 15, 2027.
2. F2. Each performance stock unit ("PSU") represents a contingent right to receive 1 to 2.25x shares of the Issuer's Class A Common Stock upon satisfaction of applicable vesting conditions.
3. F3. The PSUs are scheduled to vest on April 15, 2029, if for at least a period of thirty trading days commencing on January 1, 2026, and ending on December 31, 2028, the closing market capitalization of the Issuer averages $200 million to $400 million over such thirty-day period.

Key Figures

RSU grant size: 54,087 units Common stock holdings after grant: 63,787 shares PSU grant size: 54,087 units +5 more

8 metrics

RSU grant size 54,087 units Restricted stock units of common stock granted to CFO

Common stock holdings after grant 63,787 shares Direct common stock reported following RSU grant

PSU grant size 54,087 units Performance stock units granted, tied to common stock

PSU holdings after grant 61,287 units Performance stock units reported following grant

PSU share multiple 1 to 2.25x Each PSU can settle into 1–2.25 shares of common stock

Market cap vesting range $200M–$400M Average closing market capitalization required for PSU vesting

RSU vest start date April 15, 2027 First one‑third of RSUs vesting date

PSU vest date April 15, 2029 Scheduled PSU vesting date if conditions are met

Key Terms

restricted stock units, performance stock units, Class A Common Stock, market capitalization, +1 more

5 terms

restricted stock units financial

"Represents a grant of restricted stock units; vests in one-third increments annually"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

performance stock units financial

"Each performance stock unit ("PSU") represents a contingent right to receive 1 to 2.25x shares"

Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.

Class A Common Stock financial

"Each performance stock unit ("PSU") represents a contingent right to receive 1 to 2.25x shares of the Issuer's Class A Common Stock"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

market capitalization financial

"the closing market capitalization of the Issuer averages $200 million to $400 million"

Market capitalization is the total market value of a company’s outstanding shares, calculated by multiplying the current share price by the number of shares issued. It gives a quick snapshot of a company’s size and how investors value it, influencing perceived risk, index membership, and roughly how much it might cost to buy the whole company — like using a sticker price to compare the relative size and price of different houses.

trading days financial

"for at least a period of thirty trading days commencing on January 1, 2026"

Trading days are the specific days when a stock exchange is open and buying and selling of securities can occur, excluding weekends and exchange-declared holidays. Investors use trading days to measure performance, calculate settlement deadlines and time-sensitive events—think of them as the business hours calendar for markets, where returns, volumes and deadlines are counted only on days the market is operating.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity awards did HF Foods (HFFG) CFO Paul McGarry receive?

HF Foods CFO Paul McGarry received 54,087 restricted stock units and 54,087 performance stock units tied to common stock. These awards are compensation grants at $0.00 per unit, not open‑market purchases or sales, and vest over multi‑year performance and service periods.

How do the new restricted stock units for HFFG’s CFO vest?

The 54,087 restricted stock units vest in one‑third increments annually beginning April 15, 2027. This means the CFO earns one‑third of the units each year over three years, assuming continued service and satisfaction of any applicable award conditions.

What are the vesting conditions for HF Foods (HFFG) performance stock units?

The 54,087 performance stock units are scheduled to vest on April 15, 2029. Vesting requires that for a 30‑trading‑day period between January 1, 2026 and December 31, 2028, HF Foods’ closing market capitalization averages between $200 million and $400 million.

How many HF Foods shares does the CFO hold after these Form 4 grants?

After these grants, the Form 4 reports Paul McGarry directly holding 63,787 shares of common stock. It also shows 61,287 performance stock units outstanding, each potentially settling in common stock if the specified vesting and market capitalization conditions are satisfied.

Can HF Foods (HFFG) performance stock units deliver more than one share each?

Yes. Each performance stock unit represents a contingent right to receive between 1 and 2.25 times shares of HF Foods Class A common stock. The actual number of shares delivered per unit depends on meeting the plan’s vesting and performance conditions described in the award terms.

Did the HF Foods CFO buy or sell shares for cash in this Form 4?

No. The reported transactions are compensation-related grants at $0.00 per unit, not open‑market buys or sells. They increase the CFO’s equity-based holdings through restricted stock units and performance stock units rather than through cash market transactions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/03/2026 - 04:55 PM Learn about SEC filing dates

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

McGarry Paul E

(Last) (First) (Middle)

C/O HF FOODS GROUP INC

6325 SOUTH RAINBOW BOULEVARD, SUITE 420

(Street)

LAS VEGAS NEVADA 89118

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
HF Foods Group Inc. [ HFFG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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
Common Stock	06/01/2026		A		54,087	A	(1)	63,787	D

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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
Performance Stock Units	(2)	06/01/2026		A		54,087		(3)	(3)	Common Stock	54,087	$0	61,287	D

Explanation of Responses:

1. Represents a grant of restricted stock units; vests in one-third increments annually, beginning April 15, 2027.

2. Each performance stock unit ("PSU") represents a contingent right to receive 1 to 2.25x shares of the Issuer's Class A Common Stock upon satisfaction of applicable vesting conditions.

3. The PSUs are scheduled to vest on April 15, 2029, if for at least a period of thirty trading days commencing on January 1, 2026, and ending on December 31, 2028, the closing market capitalization of the Issuer averages $200 million to $400 million over such thirty-day period.

Remarks:

	/s/ Paul E McGarry	06/03/2026
	** Signature of Reporting Person	Date
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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)