{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-022241","form_type":"8-K","ticker":"HOUR","cik":"0001874875","company_name":"Hour Loop, Inc","filed_at":"2025-08-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.475931+00:00","generated_at":"2026-05-17T21:02:49.997780+00:00","sec_items":["5.02","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Hour Loop sets FY2025 bonus targets for CEO Lai and SVP Yu; guaranteed $100K each","bullets":["CEO Sam Lai and SVP Sau Kuen Yu each get a guaranteed $100,000 bonus on Dec 22, 2025.","If net profits (excluding taxes and exec bonuses) reach $1M, each receives 50% of base salary as bonus.","If net profits reach $2M, each receives 100% of base salary; only one target bonus per executive.","Lai and Yu beneficially own ~95% of voting power of Hour Loop's common stock.","Addendum No. 5 revises the earlier Addendum No. 4 bonus targets for FY2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-022241","json":"https://secwatch.observer/filing/0001641172-25-022241.json","markdown":"https://secwatch.observer/filing/0001641172-25-022241.md","text":"https://secwatch.observer/filing/0001641172-25-022241.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1874875/000164117225022241/0001641172-25-022241-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1874875/000164117225022241/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T21:02:49.997780+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}