---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-002310"
form_type: "8-K"
ticker: "HOUR"
cik: "0001874875"
company_name: "Hour Loop, Inc"
filed_at: "2022-01-26T23:59:59+00:00"
generated_at: "2026-06-27T15:34:10.194146+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Hour Loop sets FY2022 bonus targets for CEO Sam Lai and SVP Maggie Yu

## Summary
- CEO Sam Lai: 50% of base salary bonus if net profit (ex-tax) ≥ $7M; 100% if ≥ $8.5M in FY2022.
- SVP Maggie Yu: 50% of base salary bonus if 75-99 new vendors added; 100% if ≥100 new vendors in FY2022.
- Lai and Yu are majority shareholders (96% voting power) and husband and wife.

## SEC filing metadata
- accession: 0001493152-22-002310
- form_type: 8-K
- ticker: HOUR
- cik: 0001874875
- company_name: Hour Loop, Inc
- filed_at: 2022-01-26T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1874875/000149315222002310/0001493152-22-002310-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1874875/000149315222002310/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-002310
- JSON: https://secwatch.observer/filing/0001493152-22-002310.json
- Plain text: https://secwatch.observer/filing/0001493152-22-002310.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.