Loop Industries shareholders back board, pay plan
Rhea-AI Filing Summary
Loop Industries, Inc. (LOOP) reported the results of its 2026 Annual Meeting of Stockholders held virtually on July 23, 2026. Stockholders elected six directors – Laurent Auguste, Spencer Hart, Louise Sams, Laurence Sellyn, Jay Stubina and Jeffrey R. Geygan – to serve until the 2027 annual meeting, and the sole holder of the Series A Preferred Stock elected Daniel Solomita, bringing the Board to seven members.
Stockholders also ratified the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending February 28, 2027 with 107,570,181 votes for, 2,438,802 against and 64,918 abstentions. On an advisory basis, they approved named executive officer compensation (102,673,842 for, 619,041 against) and approved an amendment to the 2017 Equity Incentive Plan to increase the share reserve (101,515,622 for, 1,774,392 against).
Positive
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Negative
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8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Votes For – Laurent Auguste: 103,167,090 votes
Votes For – Jay Stubina: 103,168,134 votes
Votes For – Jeffrey R. Geygan: 98,613,093 votes
+4 more
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Votes For – Laurent Auguste
103,167,090 votes
Director election at 2026 Annual Meeting
Votes For – Jay Stubina
103,168,134 votes
Director election at 2026 Annual Meeting
Votes For – Jeffrey R. Geygan
98,613,093 votes
Director election at 2026 Annual Meeting
Auditor Ratification – Votes For
107,570,181 votes
Ratification of PricewaterhouseCoopers LLP for FY ending February 28, 2027
Auditor Ratification – Votes Against
2,438,802 votes
Ratification of PricewaterhouseCoopers LLP for FY ending February 28, 2027
Say-on-Pay – Votes For
102,673,842 votes
Advisory approval of named executive officer compensation
Equity Plan Amendment – Votes For
101,515,622 votes
Amendment to 2017 Equity Incentive Plan to increase share reserve
Key Terms
broker non-votes, independent registered public accounting firm, advisory basis, 2017 Equity Incentive Plan
4 terms
broker non-votes regulatory
"Broker Non-Votes 6,741,857"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent registered public accounting firm regulatory
"appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
advisory basis regulatory
"Vote to approve, on an advisory basis, the compensation"
2017 Equity Incentive Plan financial
"an amendment to the 2017 Equity Incentive Plan was approved"
FAQ
What director elections did LOOP report from the July 23, 2026 annual meeting?
Stockholders of Loop Industries, Inc. (LOOP) elected Laurent Auguste, Spencer Hart, Louise Sams, Laurence Sellyn, Jay Stubina, and Jeffrey R. Geygan as directors until the 2027 annual meeting. The sole holder of Series A Preferred Stock elected Daniel Solomita, resulting in a seven-member Board.
How did LOOP stockholders vote on ratifying the auditor for fiscal 2027?
Loop Industries stockholders ratified PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending February 28, 2027, with 107,570,181 votes for, 2,438,802 against, and 64,918 abstentions.
What were the 2026 say-on-pay voting results for LOOP?
On an advisory basis, Loop Industries’ stockholders approved the compensation of named executive officers with 102,673,842 votes for, 619,041 against, 39,161 abstentions, and 6,741,857 broker non-votes.
Did LOOP stockholders approve the 2017 Equity Incentive Plan amendment?
Yes. Stockholders approved amending the 2017 Equity Incentive Plan to increase the share reserve, with 101,515,622 votes for, 1,774,392 against, 42,030 abstentions, and 6,741,857 broker non-votes.
What were the vote totals for LOOP director nominee Jeffrey R. Geygan?
For the election of Jeffrey R. Geygan as director until the 2027 annual meeting, Loop Industries received 98,613,093 votes for, 4,718,951 votes withheld, and 6,741,857 broker non-votes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
