Hour Loop, Inc·4

Apr 7, 4:05 PM ET

Yu Sau Kuen 4

4 · Hour Loop, Inc · Filed Apr 7, 2026

Research Summary

AI-generated summary of this filing

Updated

Hour Loop (HOUR) 10% Owner Yu Sau Kuen Receives 1,600-Share Award

What Happened

  • Yu Sau Kuen, a 10% owner of Hour Loop, received a board-approved grant of 1,600 shares of common stock on April 6, 2026. The shares were awarded as compensation and were issued at $0.00 per share (total reported value $0). This is an award/grant transaction (code A), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-04-06; Form 4 filed: 2026-04-07.
  • Shares granted: 1,600 common shares at $0.00 per share (total $0).
  • Shares owned after transaction: the filing states that Yu Sau Kuen and her spouse, Sam Lai (the company’s CEO and director), beneficially own 33,360,142 shares in total; each is deemed to beneficially own 33,360,142 shares (including indirect ownership of 16,680,071 shares of the other).
  • Footnotes: F1 — grant approved by the issuer’s Board as compensation for services; F2 — explanation of shared/indirect beneficial ownership with spouse Sam Lai.
  • Filing timeliness: No late filing indicated in the report.

Context

  • This was a compensation award (not a purchase or sale). Such grants are common for compensating service and do not necessarily reflect immediate trading sentiment.
  • As a 10% owner and spouse of the CEO, Yu’s holdings are reported with combined/indirect ownership disclosures; that’s an ownership reporting detail rather than a trading signal.

Insider Transaction Report

Form 4
Period: 2026-04-06
Yu Sau Kuen
DirectorSenior Vice President10% Owner
Transactions
  • Award

    Common Stock

    [F1]
    2026-04-06+1,60016,680,071 total
Holdings
  • Common Stock

    [F2]
    (indirect: By Spouse)
    16,680,071
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 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.
Signature
/s/ Sau Kuen Yu|2026-04-07

Documents

1 file
  • 4
    ownership.xmlPrimary

    4