Were there any related-party transactions between Loop Industries (LOOP) and Jeffrey R. Geygan?

Loop Industries reports that since the beginning of its last fiscal year, it has not entered into any transaction in which Jeffrey R. Geygan had a direct or indirect material interest, as defined under Item 404(a) of Regulation S-K, addressing potential conflict concerns.

Loop Industries (NASDAQ: LOOP) appoints Jeffrey Geygan to its board

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Loop Industries expanded its board of directors by one seat and appointed Jeffrey R. Geygan as a new director, effective June 22, 2026. The board determined he qualifies as an independent director under Nasdaq listing standards and he will serve until the next annual stockholder meeting.

Geygan, age 61, brings extensive public company board and investment management experience, including roles at Rocky Mountain Chocolate Factory, Climb Global Solutions and Global Value Investment Corporation. He received a grant of 5,170 restricted stock units under Loop’s 2017 Equity Incentive Plan, representing a prorated standard annual equity award for non-employee directors, which will vest on the earlier of one year from grant or the day before the next annual meeting, subject to continued service.

The company states there is no investor rights or nomination agreement involved in his selection and that there have been no related-party transactions with him since the beginning of the last fiscal year, addressing potential conflicts of interest.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Key Figures

Board expansion date: June 19, 2026 Director effective date: June 22, 2026 RSU grant: 5,170 restricted stock units +3 more

6 metrics

Board expansion date June 19, 2026 Date board approved expansion and appointment

Director effective date June 22, 2026 Effective date of Jeffrey R. Geygan’s board service

RSU grant 5,170 restricted stock units Prorated standard annual equity grant for non-employee director

Director age 61 years Age of Jeffrey R. Geygan as disclosed

GVIC founding date August 2007 Founding of Global Value Investment Corporation

Schedule 13D filing date April 10, 2026 Date GVIC Schedule 13D referencing Geygan was filed

Key Terms

independent director, restricted stock units, 2017 Equity Incentive Plan, indemnification agreement, +1 more

5 terms

independent director regulatory

"The Board also determined that Mr. Geygan qualifies as an “independent director” under the applicable listing standards"

An independent director is a member of a company's board of directors who is not involved in the company's day-to-day operations and has no significant relationships with the company that could influence their judgment. Their role is to provide unbiased oversight and ensure the company is managed in the best interests of all shareholders. This helps build trust and confidence among investors by promoting transparency and accountability.

restricted stock units financial

"In connection with his appointment, Mr. Geygan was granted 5,170 restricted stock units under the Company’s 2017 Equity Incentive Plan"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

2017 Equity Incentive Plan financial

"5,170 restricted stock units under the Company’s 2017 Equity Incentive Plan, as amended"

indemnification agreement regulatory

"In connection with his appointment, Mr. Geygan will enter into the Company’s standard form of indemnification agreement"

An indemnification agreement is a contract in which one party promises to cover losses, costs, or legal claims that another party might face, acting like a tailored safety net or private insurance policy. For investors, it matters because such agreements shift potential financial risk away from a company or its officers and onto the indemnifier, which can affect a company’s future liabilities, cash flow and how risky the investment appears during deal-making or litigation.

Schedule 13D regulatory

"As reported on a Schedule 13D filed by GVIC on April 10, 2026"

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Understanding 8-K Material Events →

06/23/2026 - 04:30 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)

June 19, 2026

LOOP INDUSTRIES, INC.

(Exact name of registrant as specified in its charter)

Nevada		000-38301		27-2094706
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

480 Fernand-Poitras

Terrebonne, Quebec, Canada, J6Y 1Y4

(Address of principal executive offices, including zip code)

(450) 951-8555

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common stock, par value $0.0001 per share	LOOP	The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 19, 2026, the board of directors (the “Board”) of Loop Industries, Inc., a Nevada corporation (the “Company”), increased the size of the Board by one seat and appointed Jeffrey R. Geygan as a member of the Board, effective June 22, 2026. Mr. Geygan will serve until the next annual meeting of stockholders of the Company and until his successor is duly elected and qualified, or until his earlier death, resignation or removal. The Board also determined that Mr. Geygan qualifies as an “independent director” under the applicable listing standards of The Nasdaq Stock Market LLC.

Mr. Geygan, 61, is an accomplished corporate leader with extensive executive and board experience. He currently serves as Interim Chief Executive Officer of Rocky Mountain Chocolate Factory, Inc. (Nasdaq: RMCF), a role he has held since May 2024. Mr. Geygan has been a Director of RMCF since August 2021 and was Chairman of the Board of RMCF from June 2022 to May 2024. He also served on the Board of Directors of Climb Global Solutions, Inc. (Nasdaq: CLMB) from February 2018 until February 2025, where he was Chairman from May 2018 to February 2025. From its founding in August 2007 through May 2024, Mr. Geygan was the Chief Executive Officer and President of Global Value Investment Corporation (“GVIC”), an investment research and advisory firm he founded; he continues to serve as Chairman of GVIC’s Board. Earlier in his career, he held senior roles in the financial services industry as a Senior Portfolio Manager with UBS Financial Services and Salomon Smith Barney, Inc. Mr. Geygan’s background also includes academic involvement, having taught undergraduate and graduate-level courses at IE University in Madrid, at the University of Wisconsin – Milwaukee’s Lubar School of Business, and at the College of Charleston. He serves on the Advisory Board of the University of Wisconsin – Madison Department of Economics. Mr. Geygan earned his Bachelor of Arts degree in Economics from the University of Wisconsin – Madison.

Mr. Geygan will be compensated in accordance with the Company’s Amended and Restated Outside Director Compensation Policy, as described in the proxy statement relating to the Company’s 2026 annual meeting of stockholders filed with the Securities and Exchange Commission on June 9, 2026. In connection with his appointment, Mr. Geygan was granted 5,170 restricted stock units under the Company’s 2017 Equity Incentive Plan, as amended, representing a prorated portion of the Company’s standard non-employee director annual equity grant. This award will vest in full upon the earlier of the one-year anniversary of the grant date or the day prior to the Company’s next annual meeting of stockholders occurring after the grant date, subject to Mr. Geygan’s continued service through the vesting date.

In connection with his appointment, Mr. Geygan will enter into the Company’s standard form of indemnification agreement, a copy of which was previously filed as Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on June 30, 2017.

As reported on a Schedule 13D filed by GVIC on April 10, 2026, Mr. Geygan is a director and the controlling person of GVIC. There is no investor rights agreement, nomination agreement or other arrangement between the Company, GVIC, Mr. Geygan or any other person pursuant to which Mr. Geygan was selected as a director. Since the beginning of the Company’s last fiscal year, the Company has not engaged in any transaction in which Mr. Geygan had direct or indirect material interest within the meaning of Item 404(a) of Regulation S-K.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	LOOP INDUSTRIES, INC.

Date: June 23, 2026	By:	/s/ Spencer Hart
		Spencer Hart
		Chief Financial Officer

Source: View Original Filing on SEC EDGAR

FAQ

What did Loop Industries (LOOP) announce in this Form 8-K?

Loop Industries announced the appointment of Jeffrey R. Geygan to its board of directors, effective June 22, 2026. The board expanded by one seat, and he will serve until the next annual meeting or until a successor is elected.

Is Jeffrey R. Geygan considered an independent director at Loop Industries (LOOP)?

Yes, Loop Industries’ board determined that Jeffrey R. Geygan qualifies as an independent director under Nasdaq listing standards. This designation indicates he meets specific criteria limiting ties to the company’s management and controlling shareholders.

What equity compensation will Jeffrey R. Geygan receive from Loop Industries (LOOP)?

Jeffrey R. Geygan was granted 5,170 restricted stock units under Loop Industries’ 2017 Equity Incentive Plan. The grant is a prorated portion of the standard annual equity award for non-employee directors and is subject to vesting conditions.

When do Jeffrey R. Geygan’s Loop Industries (LOOP) restricted stock units vest?

The 5,170 restricted stock units granted to Jeffrey R. Geygan will vest in full on the earlier of the one-year anniversary of the grant date or the day before Loop Industries’ next annual stockholder meeting, assuming he continues serving as a director.

Does Loop Industries (LOOP) have any special agreements with Jeffrey R. Geygan or GVIC?

Loop Industries states there is no investor rights agreement, nomination agreement, or other arrangement with Jeffrey R. Geygan, Global Value Investment Corporation, or any other person regarding his selection as director, limiting concerns about special selection rights.

Filing Exhibits & Attachments

4 documents