Xi Lin - 01 May 2025 Form 4 Insider Report for HF Foods Group Inc. (HFFG)

Signature
/s/ Xi Lin
Issuer symbol
HFFG
Transactions as of
01 May 2025
Transactions value $
$384,750
Form type
4
Filing time
05 May 2025, 21:36:50 UTC
Previous filing
18 Apr 2025
Next filing
14 May 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Lin Xi President and CEO C/O HF FOODS GROUP INC, 6325 SOUTH RAINBOW BOULEVARD, SUITE 420, LAS VEGAS /s/ Xi Lin 05 May 2025 0001793896

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HFFG Common Stock Award $385K +101K +33.27% $3.80 406K 01 May 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HFFG Performance Stock Units Award $0 +101K $0.00 101K 01 May 2025 Common Stock 101K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units; vests in one-third increments annually, beginning April 15, 2026.
F2 Each performance stock unit ("PSU") represents a contingent right to receive 1 to 2.25x shares of the Issuer's Class A Common Stock upon satisfaction of applicable vesting conditions.
F3 The PSUs are scheduled to vest on April 15, 2028, if for at least a period of thirty trading days commencing on January 1, 2025 and ending on December 31, 2027, the closing per share price of the Issuer's Class A Common Stock averages $4.00-8.00 over such thirty-day period.