Yes, I saw about this too from Alan Nixon on Twitter.
Can't say I've got much knowledge on the player, other than that he played a few cup games this season.
Hull fans seem to rate him as a promising player, and he just signed a long term contract in January so presumably the manager/club rate him too. Most likely a loan and a good deal for all parties with them heading up to the Championship, and SR's good reputation for developing young players!