Director at Hour Loop (HOUR) receives 1,600-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bui Hillary Hui-Chong reported acquisition or exercise transactions in this Form 4 filing.
Hour Loop, Inc. director Hillary Hui-Chong Bui received a grant of common stock as compensation for board service. The award covered 1,600 shares of common stock at no cash price, approved by the company’s Board of Directors. Following this grant, Bui directly holds 23,524 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bui Hillary Hui-Chong
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,600 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 23,524 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 1,600 shares
Grant price per share: $0.0000 per share
Total shares after grant: 23,524 shares
+1 more
4 metrics
Shares granted
1,600 shares
Common stock award as compensation
Grant price per share
$0.0000 per share
Reported transaction price on equity grant
Total shares after grant
23,524 shares
Director’s direct holdings following transaction
Transaction date
2026-04-06
Date of common stock grant
Key Terms
Grant, award, or other acquisition, Common Stock, compensation for services rendered, direct ownership
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Common Stock financial
"security_title: "Common Stock" for the reported transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
compensation for services rendered financial
"footnote: "as compensation for services rendered""
direct ownership financial
"ownership_type: "direct" with ownership_code "D""
FAQ
What insider transaction did Hour Loop (HOUR) disclose in this Form 4?
Hour Loop disclosed that director Hillary Hui-Chong Bui received a grant of 1,600 common shares. The stock was awarded as compensation for services, rather than a market purchase, and was approved by the company’s Board of Directors.
Was the Hour Loop (HOUR) stock grant to the director a cash purchase?
No, the transaction was not a cash purchase. The Form 4 shows the 1,600 shares had a reported price per share of $0.0000, and a footnote explains they were granted as compensation for services rendered, approved by the Board.
What does the transaction code mean in the Hour Loop (HOUR) Form 4?
The transaction uses code “A”, described as a grant, award, or other acquisition. This indicates the director acquired shares through a stock award arrangement, not through buying or selling shares in the open market or exercising options.
Is the Hour Loop (HOUR) director’s grant considered a direct or indirect holding?
The Form 4 classifies the director’s ownership as direct, with the ownership code shown as “D”. This means the 23,524 common shares following the grant are held directly in the reporting person’s name, rather than through an intermediary entity.