How Lai was paid
$1.1M in total for 2024, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Other | Total |
|---|---|---|---|---|
| Sam LaiChief Executive Officer and Interim Chief Financial Officer | $500,000 | $600,000 | $15,546 | $1,115,546 |
| Maggie YuSenior Vice President | $450,000 | $550,000 | $16,991 | $1,016,991 |
What changed and why
- $1.1M$1,115,546 was Sam Lai’s 2024 total compensation, up from $624,884 in 2023.
- $600K$600,000 was Lai’s 2024 bonus, including a guaranteed $100,000 payment.
- $1M$1,016,991 was Maggie Yu’s 2024 total compensation, including a $550,000 bonus.
- $550K$550,000 was Yu’s 2024 bonus, including a guaranteed $100,000 payment.
- $500KLai’s 2024 performance bonus depended on breakeven or at least $500,000 in net profits.
- Yu’s 2024 performance bonus depended on acquiring at least 100 or 135 new vendors.
Other Hour Loop proxy statements
- 2026 proxy statement
Sam Lai paid $1.1M (flat on the year).
Filed Jun 25, 2026
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.