Hour Loop (HOUR) SVP receives 1,600-share stock compensation grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Yu Sau Kuen reported acquisition or exercise transactions in this Form 4 filing.
Hour Loop, Inc. Senior Vice President and director Yu Sau Kuen received a grant of 1,600 shares of Common Stock on April 6, 2026. The grant was approved by the Board as compensation for services and carried a price of $0.00 per share.
After the grant, Ms. Yu directly holds 16,680,071 shares of Common Stock. A filing entry also notes shares held by her spouse, CEO Sam Lai, with a footnote stating that each of them is deemed to beneficially own 33,360,142 shares, reflecting attribution of each other’s 16,680,071 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Yu Sau Kuen
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,600 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 16,680,071 shares (Direct);
Common Stock — 16,680,071 shares (Indirect, By spouse)
Footnotes (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 Sam Lai, Ms. Yu's spouse. Mr. Lai is the issuer's Chief Executive Officer and a member of the issuer's Board of Directors. Together, Ms. Yu and Mr. Lai beneficially own 33,360,142 shares of the issuer's common stock, with each of Mr. Lai and Ms. Yu beneficially holding 33,360,142 shares of the issuer's common stock, as each of them is deemed to indirectly beneficially own the other's 16,680,071 shares.
Key Figures
Stock grant size: 1,600 shares
Grant price: $0.00 per share
Direct holdings after grant: 16,680,071 shares
+1 more
4 metrics
Stock grant size
1,600 shares
Common Stock granted on April 6, 2026 as compensation
Grant price
$0.00 per share
Board-approved compensation grant to Yu Sau Kuen
Direct holdings after grant
16,680,071 shares
Yu Sau Kuen direct ownership following April 6, 2026 grant
Reported beneficial ownership per person
33,360,142 shares
Each of Yu Sau Kuen and Sam Lai deemed to beneficially own this amount
Key Terms
Grant, award, or other acquisition, beneficially own, Common Stock, Senior Vice President
4 terms
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
beneficially own financial
"Together, Ms. Yu and Mr. Lai beneficially own 33,360,142 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.
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.
Senior Vice President financial
""officer_title": "Senior Vice President""
A senior vice president is a high-ranking executive within a company who oversees large parts of the organization and helps shape its overall strategy. They are often just below top leadership, making important decisions that can impact the company's success. For investors, this role indicates a person with significant responsibility and influence, which can affect the company's stability and growth prospects.
FAQ
What did Hour Loop (HOUR) insider Yu Sau Kuen report in this Form 4?
Yu Sau Kuen reported receiving a grant of 1,600 shares of Hour Loop common stock. The shares were awarded as compensation approved by the Board. This is a non-cash grant classified as a "Grant, award, or other acquisition" rather than an open-market purchase.