secwatch.observer — SEC 8-K summary
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Issuer:     Hour Loop, Inc (HOUR)
CIK:        0001874875
Form:       8-K
Filed at:   2026-02-03T23:59:59+00:00
Accession:  0001493152-26-004840
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Hour Loop approves $950K in cash bonuses to CEO Sam Lai and SVP Maggie Yu
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- Audit Committee and Board approved $500K bonus to CEO/Chairman Sam Lai and $450K to SVP/board member Maggie Yu.
- Bonuses to be paid before March 31, 2026 at Lai's discretion based on cash flow.
- Lai and Yu are married and beneficially own ~94.84% of voting power.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1874875/000149315226004840/0001493152-26-004840-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1874875/000149315226004840/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-004840

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer