Hour Loop (NASDAQ: HOUR) awards $950,000 in cash bonuses to controlling insiders

Rhea-AI Filing Summary

Hour Loop, Inc. disclosed that its Audit Committee and Board approved substantial cash bonuses for two top executives. Chairman, Chief Executive Officer and Interim Chief Financial Officer Sam Lai will receive a $500,000 cash bonus, and Senior Vice President and director Maggie Yu will receive a $450,000 cash bonus.

Mr. Lai and Ms. Yu are husband and wife and together beneficially own approximately 94.84% of the voting power of Hour Loop’s outstanding common stock, meaning these awards go to the company’s controlling shareholders. The bonuses will be paid on a date prior to March 31, 2026, to be selected by Mr. Lai based on the company’s cash flow.

Positive

• None.

Negative

• $950,000 in cash bonuses to controlling insiders: Hour Loop approved cash bonuses of $500,000 to CEO/Interim CFO Sam Lai and $450,000 to Senior Vice President and director Maggie Yu, who together hold about 94.84% of the company’s voting power.
• Cash outflow timing chosen by the CEO: The company will pay the bonuses on a date before March 31, 2026, to be determined by Mr. Lai based on Hour Loop’s cash flow, concentrating discretion over a significant cash payment with one executive.

Insights

Corporate governance and compensation analyst

Hour Loop awards $950,000 in cash bonuses to controlling insiders, concentrating both cash outflow and governance attention.

The company approved cash bonuses of $500,000 for CEO and Interim CFO Sam Lai and $450,000 for Senior Vice President and director Maggie Yu. Both are also major shareholders who together control about 94.84% of the voting power.

This concentrates economic benefit in insiders with effective control over corporate decisions. The payment timing, to occur before March 31, 2026 and selected by Mr. Lai based on company cash flow, links the outlay directly to liquidity considerations. Investors may focus on how these related-party compensation decisions align with overall capital allocation and minority shareholder interests.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): January 28, 2026

HOUR LOOP, INC.

(Exact name of registrant as specified in its charter)

Delaware		001-41204		47-2869399
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification Number)

8201 164th Ave NE #200, Redmond, WA 98052-7615

(Address of principal executive offices)

(206) 385-0488 ext. 100

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.)

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock		HOUR		The Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 28, 2026, the Audit Committee and the Board of Directors of Hour Loop, Inc. (the “Company”) approved the payment of cash bonuses to Sam Lai, the Company’s Chairman of the Board, Chief Executive Officer and Interim Chief Financial Officer, and Maggie Yu, the Company’s Senior Vice President and a member of the Board of Directors, in the amount of $500,000 and $450,000, respectively. Mr. Lai and Ms. Yu are husband and wife, and together beneficially own approximately 94.84% of the voting power of the Company’s outstanding common stock. The Company will pay such cash bonuses to Mr. Lai and Ms. Yu on a date prior to March 31, 2026 to be determined by Mr. Lai based on the cash flow of the Company.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	HOUR LOOP, INC.
Dated: February 3, 2026	By:	/s/ Sam Lai
	Name:	Sam Lai
	Title:	Chief Executive Officer and Interim Chief Financial Officer

FAQ

What executive bonuses did Hour Loop (HOUR) approve in this 8-K?

Hour Loop approved cash bonuses for its top executives totaling $950,000. Chairman, CEO and Interim CFO Sam Lai will receive $500,000, and Senior Vice President and director Maggie Yu will receive $450,000, reflecting significant cash awards to key leadership.

Who are the Hour Loop (HOUR) executives receiving the new cash bonuses?

The bonuses go to Sam Lai, Hour Loop’s Chairman, Chief Executive Officer and Interim Chief Financial Officer, and Maggie Yu, the company’s Senior Vice President and a board member. Both hold leadership roles and are central to Hour Loop’s management structure.

How much ownership do Sam Lai and Maggie Yu hold in Hour Loop (HOUR)?

Sam Lai and Maggie Yu together beneficially own approximately 94.84% of the voting power of Hour Loop’s outstanding common stock. This gives them effective control over shareholder decisions and highlights the insider nature of the approved cash bonuses.

When will Hour Loop (HOUR) pay the approved executive cash bonuses?

Hour Loop plans to pay the bonuses on a date before March 31, 2026. The exact timing will be determined by CEO and Interim CFO Sam Lai, who will choose the payment date based on the company’s cash flow position.

Which committee approved the Hour Loop (HOUR) executive bonuses?

The cash bonuses for Sam Lai and Maggie Yu were approved by Hour Loop’s Audit Committee and the Board of Directors. This indicates the compensation decisions were reviewed at the board level under the company’s governance structure.

Are the Hour Loop (HOUR) executives receiving bonuses related to each other?

Yes. The filing states that Sam Lai and Maggie Yu are husband and wife. Combined with their approximately 94.84% voting power, this underscores that the approved bonuses are being paid to related-party controlling shareholders.