STOCK TITAN

Hour Loop (HOUR) director awarded 1,586-share stock grant as compensation

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Lenner Michael Minkin reported acquisition or exercise transactions in this Form 4 filing.

Hour Loop, Inc director equity grant: Director Lenner Michael Minkin received a grant of 1,586 shares of Hour Loop common stock as compensation for services rendered, as approved by the company’s Board of Directors. This award increased his direct holdings to 31,635 common shares, reflecting routine, stock-based director compensation rather than an open-market purchase.

Positive

  • None.

Negative

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Insider Lenner Michael Minkin
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,586 $0.00 --
Holdings After Transaction: Common Stock — 31,635 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares granted 1,586 shares Director stock grant as compensation
Price per granted share $0.0000 per share Non-cash equity award
Shares owned after grant 31,635 shares Total direct common stock holdings post-transaction
Transaction code A Grant, award, or other acquisition of non-derivative securities
Transaction date July 1, 2026 Date of common stock grant
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
""security_title": "Common Stock""
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.
Grant, award, or other acquisition financial
""transaction_code_description": "Grant, award, or other acquisition""
stock-based compensation financial
"of common stock to the reporting person, as compensation for services rendered"
Stock-based compensation is when a company pays employees, directors or consultants with shares or the right to buy shares instead of or in addition to cash. It matters to investors because issuing stock or options spreads ownership thinner (like cutting a pie into more slices), which can reduce each existing share’s claim on profits and can also change reported earnings; investors watch it to assess true cost of running the business and how management is incentivized.
Board of Directors regulatory
"grant, approved by the issuer's Board of Directors, of common stock"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lenner Michael Minkin

(Last)(First)(Middle)
C/O HOUR LOOP, INC.
8201 164TH AVE NE #200

(Street)
REDMOND WASHINGTON 98052-7615

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Hour Loop, Inc [ HOUR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/01/2026A(1)1,586A$031,635D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents a grant, approved by the issuer's Board of Directors, of common stock to the reporting person, as compensation for services rendered.
/s/ Michael Lenner07/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Hour Loop (HOUR) director Lenner Michael Minkin report in this Form 4?

Director Lenner Michael Minkin reported receiving a grant of 1,586 shares of Hour Loop common stock. The grant was approved by the Board as compensation for services rendered, and it increased his directly held position in the company.

How many Hour Loop (HOUR) shares does Lenner Michael Minkin hold after this grant?

After the grant, Lenner Michael Minkin directly holds 31,635 shares of Hour Loop common stock. This reflects the addition of 1,586 granted shares, which were awarded as non-cash compensation for his service as a director on the company’s Board.

Was Lenner Michael Minkin’s Hour Loop (HOUR) transaction a market purchase or sale?

The transaction was not a market purchase or sale. It was a grant or award of 1,586 Hour Loop common shares, approved by the Board, given to Minkin as compensation for services rather than shares bought or sold in the open market.

What does the zero price per share mean in this Hour Loop (HOUR) Form 4 filing?

The reported price per share of $0.0000 indicates the 1,586 shares were granted at no cash cost to Lenner Michael Minkin. They represent stock-based compensation, not a purchase, aligning with the footnote describing the award for services rendered.

Does this Hour Loop (HOUR) Form 4 show any derivative securities or option exercises?

No derivative securities or option exercises are shown in this Form 4. The filing reflects only a non-derivative grant of 1,586 Hour Loop common shares, with Minkin’s total direct common stock holdings reported at 31,635 shares following the transaction.