secwatch.observer — SEC 8-K summary
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Issuer:     Hour Loop, Inc (HOUR)
CIK:        0001874875
Form:       8-K
Filed at:   2026-02-25T23:59:59+00:00
Accession:  0001493152-26-008036
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hour Loop sets FY2026 bonus targets for CEO Lai and SVP Yu; both get $100K guaranteed bonus
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- CEO Sam Lai gets guaranteed $100K bonus Dec 22, 2026; target bonus 50% of base if net profit ≥$750K, 100% if ≥$1.5M.
- SVP Maggie Yu gets guaranteed $100K bonus Dec 22, 2026; target bonus 50% of base if ≥100 new vendors, 100% if ≥135.
- Bonus addendums replace prior Addendum No. 5 for 2026 fiscal year.
- Lai and Yu together own ~94.8% voting power; addendums approved by board for top executives.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1874875/000149315226008036/0001493152-26-008036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1874875/000149315226008036/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-008036

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