Hour Loop, Inc·4

Jul 2, 8:34 PM ET

Yu Sau Kuen 4

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Hour Loop (HOUR) 10% Owner Yu Sau Kuen Receives Award

What Happened
Yu Sau Kuen, a 10% owner of Hour Loop, Inc. (HOUR), received a board-approved grant of 1,586 shares of common stock on July 1, 2026. The shares were issued at $0.00 per share as compensation (total value recorded $0). This was an award/compensation grant (transaction code A), not a purchase or sale.

Key Details

  • Transaction date: 2026-07-01; Form 4 filed: 2026-07-02 (timely filing).
  • Type: Grant / award (code A). Shares: 1,586 at $0.00 per share; total reported cash value $0.
  • Shares owned after transaction: Beneficial ownership is reported as 33,363,314 shares (see footnote on shared ownership with spouse).
  • Footnote F1: Grant was approved by the issuer’s Board as compensation for services rendered.
  • Footnote F2: Shares reported include holdings of spouse Sam Lai (CEO and director). Ms. Yu and Mr. Lai are reported as beneficially owning 33,363,314 shares, with each deemed to indirectly beneficially own the other’s 16,681,657 shares.

Context
This was a compensation award, which is a routine way companies compensate insiders and does not by itself indicate buying or selling sentiment. As a 10% owner and spouse of the CEO, Ms. Yu’s reported holdings reflect cross-beneficial ownership with her husband rather than a market trade.