Hour Loop (HOUR) director Minghui Gao receives 1,514-share stock grant
Rhea-AI Filing Summary
Hour Loop, Inc. director Minghui Gao reported receiving a grant of 1,514 shares of common stock on January 5, 2026. The filing states this was a stock grant approved by the company’s Board of Directors as compensation for services rendered, rather than an open‑market purchase. The shares were granted at a stated price of $0.00 per share, reflecting that this is an equity award, not a cash transaction. Following this grant, Gao beneficially owns 27,408 shares of Hour Loop common stock in direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,514 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents a grant, approved by the issuer's Board of Directors, of common stock to the reporting person, as compensation for services rendered.
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FAQ
What insider transaction did Hour Loop (HOUR) report in this Form 4?
The Form 4 reports that director Minghui Gao received a grant of 1,514 shares of Hour Loop common stock on January 5, 2026 as an equity award.
Was the Hour Loop (HOUR) Form 4 transaction a stock sale or a grant?
The transaction was a grant of common stock, identified with transaction code A, and described as compensation for services approved by the Board of Directors.
Does the Hour Loop (HOUR) Form 4 indicate indirect ownership or an entity holder for this grant?
No indirect ownership or holding entity is indicated for this transaction; the filing reports the 27,408 shares as owned directly by Minghui Gao.