Hour Loop (HOUR) director awarded 1,586 common shares as board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GAO MINGHUI reported acquisition or exercise transactions in this Form 4 filing.
Hour Loop, Inc director stock grant reported. Director GAO MINGHUI received a grant of 1,586 shares of Hour Loop common stock on 2026-07-01 at a stated price of $0.00 per share, described as compensation for services rendered and approved by the Board of Directors.
Following this grant, the director directly owns 30,594 shares of common stock. This is a non-cash, compensation-related award rather than an open-market purchase or sale, so it mainly reflects how the company pays its board rather than a change in trading sentiment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GAO MINGHUI
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,586 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 30,594 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 1,586 shares
Grant price per share: $0.00 per share
Total shares after grant: 30,594 shares
+1 more
4 metrics
Shares granted
1,586 shares
Common stock grant on July 1, 2026
Grant price per share
$0.00 per share
Stated grant price for stock compensation
Total shares after grant
30,594 shares
Director’s direct holdings following transaction
Transaction code
A (Grant, award, or other acquisition)
Form 4 non-derivative transaction in common stock
Key Terms
Grant, award, or other acquisition, Common Stock, Board of Directors, compensation for services rendered
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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.
Board of Directors financial
"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.
compensation for services rendered financial
"common stock to the reporting person, as compensation for services rendered"
FAQ
What insider transaction did Hour Loop (HOUR) report for GAO MINGHUI?
Hour Loop reported that director GAO MINGHUI received a grant of 1,586 shares of common stock. The award was approved by the Board and provided as compensation for services rendered, rather than as an open-market stock purchase or sale.
Was the Hour Loop (HOUR) Form 4 transaction a market buy or sell?
The Form 4 shows a stock grant, not a market buy or sell. The 1,586 shares of common stock were awarded at a stated price of $0.00 per share as compensation for services, approved by the company’s Board of Directors.
What does the transaction code "A" mean in Hour Loop (HOUR) director’s Form 4?
The transaction code “A” on the Form 4 indicates a grant, award, or other acquisition. In this case, 1,586 shares of Hour Loop common stock were granted to director GAO MINGHUI as board compensation, rather than bought on the open market.
Is the Hour Loop (HOUR) director stock grant a cash or non-cash compensation event?
The reported transaction is a non-cash compensation event. The director received 1,586 shares of Hour Loop common stock at a stated price of $0.00 per share, granted by the Board as compensation for services rendered instead of a cash payment.