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Hour Loop (HOUR) CEO reports 1,586-share grant and 33.4M beneficial holdings

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

Rhea-AI Filing Summary

Lai Sam reported acquisition or exercise transactions in this Form 4 filing.

Hour Loop, Inc. Chief Executive Officer Sam Lai reported an equity compensation grant and updated his ownership position. He received a grant of 1,586 shares of common stock approved by the Board as compensation for services rendered, at a stated price of $0.00 per share. A separate entry reflects 16,681,657 shares of common stock held by his spouse, Sau Kuen Yu, which are reported as indirectly owned. The filing notes that each of Mr. Lai and Ms. Yu is deemed to beneficially own 33,363,314 shares of Hour Loop common stock, because each is treated as indirectly owning the other’s 16,681,657 shares.

Positive

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Negative

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Insider Lai Sam
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Common Stock 1,586 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 16,681,657 shares (Direct, null); Common Stock — 16,681,657 shares (Indirect, By spouse)
Footnotes (1)
  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 33,363,314 shares of the issuer's common stock, with each of Mr. Lai and Ms. Yu beneficially holding 33,363,314 shares of the issuer's common stock, as each of them is deemed to indirectly beneficially own the other's 16,681,657 shares.
Equity grant 1,586 shares Board-approved common stock grant as compensation
Spouse-held shares 16,681,657 shares Common stock owned by spouse, reported as indirectly owned
Beneficial ownership per spouse 33,363,314 shares Each of Sam Lai and Sau Kuen Yu deemed to beneficially own this amount
Price per granted share $0.00 per share Reported grant price for 1,586-share compensation award
grant financial
"Represents a grant, approved by the issuer's Board of Directors, of common stock to the reporting person, as compensation for services rendered."
compensation for services rendered financial
"Represents a grant, approved by the issuer's Board of Directors, of common stock to the reporting person, as compensation for services rendered."
beneficially own financial
"Together, Mr. Lai and Ms. Yu beneficially own 33,363,314 shares of the issuer's common stock, with each of Mr. Lai and Ms. Yu beneficially holding 33,363,314 shares"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
indirectly beneficially own financial
"as each of them is deemed to indirectly beneficially own the other's 16,681,657 shares."
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Form 4 Insider Transactions: What Each Field Means →
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*
Lai Sam
(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)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
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$016,681,657D
Common Stock16,681,657IBy spouse(2)
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.
2. 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 33,363,314 shares of the issuer's common stock, with each of Mr. Lai and Ms. Yu beneficially holding 33,363,314 shares of the issuer's common stock, as each of them is deemed to indirectly beneficially own the other's 16,681,657 shares.
/s/ Sam Lai07/02/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Hour Loop (HOUR) CEO Sam Lai report in this Form 4 filing?

Hour Loop CEO Sam Lai reported an equity compensation grant and updated share ownership. He received 1,586 common shares as Board-approved compensation and reported indirect ownership of shares held by his spouse, reflecting their combined beneficial holdings of 33,363,314 shares.

How many Hour Loop (HOUR) shares were granted to Sam Lai in this filing?

Sam Lai was granted 1,586 shares of Hour Loop common stock. The grant was approved by the company’s Board of Directors and provided as compensation for services rendered, with a reported price per share of $0.00, indicating a non-cash equity award.

What is the significance of the 16,681,657 Hour Loop (HOUR) shares held by Sam Lai’s spouse?

The 16,681,657 Hour Loop shares are owned by Sam Lai’s spouse, Sau Kuen Yu, and reported as indirectly owned by Lai. Because each spouse is deemed to indirectly own the other’s shares, this position contributes to each of them beneficially owning 33,363,314 shares.

How many Hour Loop (HOUR) shares do Sam Lai and his spouse beneficially own according to the Form 4?

The filing states that Sam Lai and his spouse, Sau Kuen Yu, each beneficially own 33,363,314 shares of Hour Loop common stock. This reflects direct and indirect holdings, with each spouse deemed to indirectly beneficially own the other’s 16,681,657 shares.

Was Sam Lai’s Hour Loop (HOUR) share grant an open-market purchase or compensation award?

The 1,586-share transaction was a compensation award, not an open-market purchase. The Form 4 identifies it as a grant of common stock approved by the Board of Directors, provided as compensation for services rendered, with no cash price per share reported.