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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,514 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents a grant, approved by the issuer's Board of Directors, of common stock to the reporting person, as compensation for services rendered. Represents shares owned by Sau Kuen Yu, Mr. Lai's spouse. Ms. Yu is the issuer's Senior Vice President and a member of the issuer's Board of Directors. Together, Mr. Lai and Ms. Yu beneficially own 33,356,942 shares of the issuer's common stock, with each of Mr. Lai and Ms. Yu beneficially holding 33,356,942 shares of the issuer's common stock, as each of them is deemed to indirectly beneficially own the other's 16,678,471 shares.
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.
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 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.