Hour Loop (HOUR) CEO gets 1,514-share stock grant filing disclosed
Rhea-AI Filing Summary
Hour Loop, Inc. reported an insider equity grant for Chief Executive Officer, director and 10% owner Sam Lai. On 01/05/2026, Lai received a board-approved grant of 1,514 shares of common stock as compensation for services, at a stated price of $0 per share. Following this grant, he beneficially owns 16,678,471 shares of common stock directly. In addition, 16,678,471 shares are owned by his spouse, Sau Kuen Yu, who is the company’s Senior Vice President and a board member. Together, they are deemed to beneficially own 33,356,942 shares of Hour Loop common stock through their direct and indirect holdings.
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FAQ
What insider transaction did Hour Loop (HOUR) disclose in this Form 4?
The filing shows that Chief Executive Officer, director and 10% owner Sam Lai received a grant of 1,514 shares of Hour Loop common stock on 01/05/2026 as compensation for services.
How many Hour Loop (HOUR) shares does Sam Lai own after this transaction?
After the reported grant, Sam Lai beneficially owns 16,678,471 shares of Hour Loop common stock directly.
What Hour Loop (HOUR) holdings are attributed to Sam Lai’s spouse?
The filing states that Sau Kuen Yu, Mr. Lai’s spouse and the company’s Senior Vice President and director, owns 16,678,471 shares of Hour Loop common stock.
What is the combined beneficial ownership of Hour Loop shares by Sam Lai and his spouse?
The document explains that together Sam Lai and Sau Kuen Yu are deemed to beneficially own 33,356,942 shares of Hour Loop common stock through their direct and indirect holdings.
Was the Hour Loop (HOUR) share grant to Sam Lai a cash purchase?
No. The 1,514-share grant to Sam Lai was approved by the board as compensation for services rendered, with a reported price of $0 per share.
What roles do Sam Lai and his spouse hold at Hour Loop (HOUR)?
Sam Lai is identified as a director, Chief Executive Officer and 10% owner. His spouse, Sau Kuen Yu, is described as the company’s Senior Vice President and a member of the Board of Directors.