Hour Loop director granted 1,600 shares
Lenner Michael Minkin reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Lenner Michael Minkin reported acquisition or exercise transactions in this Form 4 filing.
Hour Loop, Inc. director Lenner Michael Minkin received a grant of 1,600 shares of common stock, approved by the Board of Directors, as compensation for services rendered. The shares were awarded at a stated price of $0.00 per share, indicating a non-cash equity grant rather than an open-market purchase. Following this award, Minkin directly holds 30,049 shares of Hour Loop common stock. This is a routine compensation-related equity grant, not a discretionary market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,600 | $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.
Key Figures
Key Terms
Grant, award, or other acquisition financial
Common Stock financial
Board of Directors financial
Form 4 regulatory
compensation for services rendered financial
FAQ
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What did Hour Loop (HOUR) director Lenner Michael Minkin report in this Form 4?
Was the Hour Loop (HOUR) Form 4 transaction an open-market stock purchase?
What does the transaction code "A" mean in Hour Loop (HOUR) director’s Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.