Hour Loop CEO Sam Lai receives 1,642-share grant
The award brings Sam Lai’s directly held common stock to 16,683,299 shares, while spouse-held shares are reported separately.
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Rhea-AI Filing Summary
Hour Loop, Inc. (HOUR) CEO Sam Lai acquired 1,642 common shares on October 2, 2026, in a Board-approved grant for services rendered. His direct holdings after the grant were 16,683,299 shares. His spouse, Sau Kuen Yu, the issuer’s Senior Vice President and a director, is listed as owning 16,683,299 shares. The footnote says they together beneficially own 33,366,598 shares, with each deemed to indirectly own the other’s 16,683,299 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1,642 | $0.00 | $0.00 |
| holding | Common Stock F2 | -- | -- | -- |
Footnotes (2)
- F1. Represents a grant, approved by the issuer's Board of Directors, of common stock to the reporting person, as compensation for services rendered.
- F2. 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 33,366,598 shares of the issuer's common stock, with each of Mr. Lai and Ms. Yu beneficially holding 33,366,598 shares of the issuer's common stock, as each of them is deemed to indirectly beneficially own the other's 16,683,299 shares.
Key Figures
Key Terms
grant financial
beneficially own financial
indirectly beneficially own financial
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