HF Foods Group Inc. filings document the company’s Nasdaq-listed common stock, U.S. foodservice distribution business, operating results, and financing arrangements. Form 8-K reports furnish quarterly and annual results and record material agreements, including amendments to an asset-secured revolving credit facility involving operating subsidiaries and guarantors.
Proxy and governance filings cover board composition, annual meeting matters, executive compensation, equity incentive plan matters, and leadership changes. The filing record also documents registered securities, public-company governance, and financial reporting events related to the company’s distribution operations.
HF Foods Group Inc. is a Las Vegas-based distributor of Asian-focused food and non-food products, serving about 15,000 restaurant and foodservice locations across 46 states through 16 distribution centers, four cross-docks and over 400 vehicles. Seafood represents 36% of 2025 sales, followed by meat and poultry at 22% and Asian specialty items at 18%.
The company is pursuing growth through organic expansion and acquisitions, highlighted by a new 182,000 square foot distribution center near Atlanta that serves more than 1,000 customers and supports further regional growth. HF Foods fully impaired its goodwill in 2025, recording a $38.8 million charge, and reported material weaknesses in internal control over financial reporting. Recent leadership changes include a new CEO effective January 2025 and the appointment of Paul McGarry as Chief Financial Officer in January 2026, alongside an updated executive severance plan to cover a broader group of key employees. The company notes industry risks such as low margins, labor shortages, tariff and trade uncertainty, cybersecurity threats including AI-enabled attacks, and competitive pressure in a fragmented market.
HF Foods Group Inc. reported modest growth for 2025 with improving profitability but continued losses. Net revenue rose 2.2% to $1.23 billion, while GAAP net loss narrowed 18.3% to $39.3 million. Adjusted net income increased 20.9% to $16.9 million and Adjusted EBITDA grew 6.9% to $45.0 million, reflecting benefits from a broad transformation plan.
In the fourth quarter, net revenue was $308.0 million, up 0.9%, and net loss improved to $37.4 million, though Adjusted EBITDA declined to $9.6 million as margins were pressured. Cash from operations for 2025 was $25.5 million, and the company ended the year with $8.6 million in cash and access to about $61.2 million under its credit line.
HF Foods Group Inc. has made leadership and compensation changes. Paul McGarry, previously interim finance chief, was appointed permanent Chief Financial Officer and principal financial and accounting officer effective January 27, 2026. His amended offer sets a $375,000 annual base salary, with target opportunities of 60% of salary for both discretionary annual bonus and equity awards under the 2018 Omnibus Equity Incentive Plan.
The Board also named Jeffery Taylor as Chair of the Compensation Committee, increasing his annual retainer by $15,000. In addition, HF Foods adopted an Amended and Restated Executive Severance Plan, broadening eligibility to a select group of management or highly compensated employees and extending severance protections for certain terminations without cause or for good reason, including around defined change in control periods.
HF Foods Group Inc. reported that Maria Ross resigned from its board of directors, all board committees, and her role as Lead Independent Director, effective January 16, 2025. The company stated that her resignation was not due to any disagreement with HF Foods on operations, policies, or practices.
The board has begun a search for a new independent director to fill the vacancy created by her departure.
HF Foods Group Inc. (HFFG) reported an equity award to director Jeffery L. Taylor. On 11/17/2025, he received 12,384 shares of common stock, reported as a grant of restricted stock units that vest on April 15, 2026. After this grant, he beneficially owns 22,384 shares of HF Foods common stock in direct ownership. The filing is made on Form 4 by a single reporting person and reflects an equity-based component of director compensation.
HF Foods Group Inc. (HFFG) reported an insider equity award to one of its directors. On 11/17/2025, director Dennis Lam received a grant of 12,384 restricted stock units of HF Foods Group Inc. common stock. These restricted stock units are scheduled to vest on April 15, 2026, meaning they convert into shares for the director on that date if the vesting conditions are met.
After this grant, Dennis Lam beneficially owned 14,384 shares of HF Foods Group Inc. common stock in direct ownership. The filing indicates this was a routine director equity award rather than an open-market purchase or sale of shares.
HF Foods Group Inc. (HFFG) reported an equity award to one of its directors. On 11/17/2025, the director acquired 12,384 shares of common stock, reported as an "A" (acquired) transaction, held directly after the transaction.
According to the footnote, this represents a grant of restricted stock units that will vest on April 15, 2026, meaning the director’s right to the shares becomes fully earned on that date if the vesting conditions are met.
HF Foods Group Inc. (HFFG) reported an insider equity award for a director. On 11/17/2025, the director acquired 12,384 shares of common stock, recorded as an acquisition transaction. This reflects a grant of restricted stock units that vest on April 15, 2026.
After this grant, the director beneficially owns 22,093 shares of HF Foods common stock, held directly. The filing is a routine Form 4 submitted by a single reporting person.
HF Foods Group Inc. (HFFG) reported an insider stock purchase by its President and CEO, Xi Lin, in a Form 4 filing. On 11/12/2025, Xi Lin bought 699 shares of common stock at $2.28 per share and another 3,795 shares at $2.23 per share in open-market purchases coded as "P." Following these transactions, Xi Lin directly beneficially owned 415,804 shares of HF Foods common stock. The filing notes that it was submitted two business days late due to issues accessing the filer’s CIK account.
HF Foods Group Inc. director reports open-market share purchase. Director Jeffery L. Taylor filed a Form 4 showing he bought 10,000 shares of HF Foods Group Inc. common stock on 11/13/2025 in an open-market transaction coded as a purchase. The weighted average price was $2.25 per share, with individual trades executed between $2.22 and $2.30 per share. Following this transaction, he beneficially owned 10,000 shares held directly.