Hour Loop, Inc·4

Jul 2, 8:24 PM ET

Lai Sam 4

4 · Hour Loop, Inc · Filed Jul 2, 2026

Research Summary

AI-generated summary of this filing

Updated

Hour Loop (HOUR) CEO Lai Sam Receives Stock Award

What Happened

  • Lai Sam, CEO of Hour Loop, was granted 1,586 shares of the issuer's common stock on July 1, 2026. The shares were awarded at $0.00 per share (total value reported $0) as compensation; transaction code A (award/grant).

Key Details

  • Transaction date: 2026-07-01; filing date: 2026-07-02 (Form 4 accession 0001493152-26-032013).
  • Shares granted: 1,586; price per share: $0.00; total cash value reported: $0.
  • Shares owned after transaction (beneficial ownership): filing notes Lai Sam beneficially owns 33,363,314 shares.
  • Notable footnotes: F1 — grant approved by the Board as compensation for services. F2 — spouse Sau Kuen Yu (Senior VP and director) and Lai Sam are treated as having overlapping beneficial ownership; each is reported as beneficially owning 33,363,314 shares (each deemed to indirectly own the other's 16,681,657 shares).
  • Timeliness: filing appears timely (no late-filing flag reported).

Context

  • This was a compensation award, not an open-market purchase or sale, so it reflects board-authorized pay rather than a direct buying/selling signal. For retail investors, awards are routine executive compensation and do not necessarily indicate near-term trading intent.

Insider Transaction Report

Form 4
Period: 2026-07-01
Lai Sam
DirectorChief Executive Officer10% Owner
Transactions
  • Award

    Common Stock

    [F1]
    2026-07-01+1,58616,681,657 total
Holdings
  • Common Stock

    [F2]
    (indirect: By Spouse)
    16,681,657
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 33,363,314 shares of the issuer's common stock, with each of Mr. Lai and Ms. Yu beneficially holding 33,363,314 shares of the issuer's common stock, as each of them is deemed to indirectly beneficially own the other's 16,681,657 shares.
Signature
/s/ Sam Lai|2026-07-02

Documents

1 file
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    ownership.xmlPrimary

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