Rika Hozumi
About Rika Hozumi
Rika Hozumi is the Chief Human Resources Officer (CHRO) of HeartCore Enterprises, Inc. (HTCR) and beneficially owns 250 shares of common stock; she is not listed among the named executive officers (NEOs) in the company’s summary compensation tables, and the filings do not disclose her age, education, start date, or tenure . The latest proxy and 10-K do not disclose performance metrics tied specifically to Hozumi (e.g., TSR, revenue growth, EBITDA growth); company-level policies relevant to executive incentives include an anti-hedging policy and an SEC-compliant clawback policy for executive officers .
Past Roles
No prior roles for Rika Hozumi are disclosed in the company’s latest proxy statements or 10-K reviewed .
External Roles
No external directorships or outside roles for Rika Hozumi are disclosed in the proxy statements or 10-K reviewed .
Fixed Compensation
- Hozumi is not included in HTCR’s NEO Summary Compensation Tables for 2023–2024; base salary, target/actual bonus, and cash compensation details for Hozumi are not disclosed .
- The filings show employment agreements and cash compensation for other executives (CEO, COO, CFO, CSO) but do not specifically list Hozumi among those with disclosed agreements or compensation terms .
Performance Compensation
- No RSU/PSU or option grant disclosures specifically for Hozumi; award counts, grant dates, and vesting schedules disclosed in proxies apply to other executives (e.g., CEO), not to Hozumi .
- Company equity plans (2021 and 2023) permit grants tied to performance measures (revenue, EBITDA, TSR, etc.), but there is no filing disclosure of Hozumi receiving such awards or her individual metric weightings/payouts .
Equity Ownership & Alignment
| Item | Value |
|---|---|
| Beneficial ownership (shares) | 250 |
| Ownership as % of outstanding | <1% |
| Shares outstanding (record date context) | 23,310,770 |
| Anti-hedging policy | Hedging/monetization transactions prohibited for officers/employees |
| Clawback policy (executives) | Recovery of incentive-based compensation tied to financial reporting measures upon restatement; applies to executive officers |
| Pledging policy | No explicit pledging prohibition disclosed in the cited insider trading policy sections |
- Vested vs. unvested breakdown, exercisable vs. unexercisable options, and any pledged shares for Hozumi are not disclosed in reviewed filings .
Employment Terms
- Filings describe employment agreement terms for certain executives (CEO, COO, CFO, CSO), including: at-will employment; severance if terminated without Cause or with Good Reason; lump-sum payment equal to base salary for remainder of term; automatic vesting of unvested equity in specified terminations; non-compete (2 years) and non-solicit (3 years); indemnification; arbitration; and change-of-control gross-up (280G/4999) . There is no specific disclosure that Hozumi has an employment agreement with these exact terms .
- Company-level governance updates: Compensation Committee formed on Feb 14, 2025, responsible for executive compensation and severance/change-in-control arrangements; not specific to Hozumi .
Investment Implications
- Limited disclosure on Hozumi’s cash and equity incentives reduces transparency on pay-for-performance alignment; absence from NEO tables suggests compensation is below top five by pay, and investors must infer alignment through company-wide policies (anti-hedging, clawback) rather than individualized metrics .
- Minimal personal stake (250 shares, <1%) indicates limited direct “skin-in-the-game,” but anti-hedging policy and executive clawback reduce misalignment and mitigate risk of aggressive earnings-linked payouts .
- Retention/change-of-control economics for Hozumi are not disclosed; material executive employment terms in filings apply to other listed executives and cannot be assumed for Hozumi, increasing uncertainty around severance and accelerated vesting risk at the CHRO level .
- No disclosed legal issues or related-party transactions involving Hozumi; executive cohort noted as free of recent legal proceedings, which lowers governance red flags at the officer level .
Monitoring actions: Track any future proxy/8-K Item 5.02 updates for CHRO compensation/contract disclosure; review Form 4 insider filings for Hozumi to assess selling pressure and compliance with trading windows; watch Compensation Committee charter updates for ownership guidelines or pledging prohibitions .