Lenner Michael Minkin 4
Research Summary
AI-generated summary
Hour Loop (HOUR) Director Lenner Minkin Receives 1,600-Share Award
What Happened
Lenner Michael Minkin, a director of Hour Loop, Inc. (HOUR), was granted 1,600 shares of common stock on 2026-04-06. The shares were issued at $0.00 per share (total reported value $0) as a compensation award rather than a market purchase or sale.
Key Details
- Transaction date: 2026-04-06; filing date (Form 4): 2026-04-07.
- Transaction type/code: Award/Grant (A). Price reported: $0.00 per share.
- Shares acquired: 1,600 common shares. Total cash paid by insider: $0.
- Shares owned after transaction: Not disclosed in the filing.
- Footnote: Grant was approved by the issuer’s Board of Directors as compensation for services rendered (F1).
- Timeliness: Filing appears timely (filed the day after the transaction).
Context
This was a compensation grant to a director, not a purchase or sale. Such awards are routine ways companies compensate executives and directors and do not by themselves signal insider buying or selling intent.