  Let $E$ be a Banach space such that $E'$ has the Radon-Nikod\'ym property.
The aim of this work is to connect relative weak compactness in the $E$-valued
martingale Hardy space $H^{1}(\mu,E)$ to a convex compactness criterion in a
weaker topology, such as the topology of uniform convergence on compacts in
measure. These results represent a dynamic version of the deep result of
Diestel, Ruess, and Schachermayer on relative weak compactness in
$L^{1}(\mu,E)$. In the reflexive case, we obtain a Kadec-Pe{\l}czy\'nski
dichotomy for $H^{1}(\mu,E)$-bounded sequences, which decomposes a subsequence
into a relatively weakly compact part, a pointwise weakly convexly convergent
part, and a null part converging to zero uniformly on compacts in measure. As a
corollary, we investigate a parameterized version of the vector-valued Koml\'os
theorem without the assumption of $H^{1}(\mu,E)$-boundedness.
