Loop Industries (LOOP) director Jeffrey Geygan reports direct and indirect holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Loop Industries, Inc. director Jeffrey Richart Geygan filed an initial ownership report showing his stake in the company’s common stock. He reports indirect beneficial ownership of 3,236,729 shares held in accounts managed by Global Value Investment Corporation and direct ownership of 98,700 shares. The filing explains that Global Value Investment Corporation and affiliated entities manage one or more accounts that hold these securities and are controlled by Geygan. He disclaims beneficial ownership of these securities except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
GEYGAN JEFFREY RICHART
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common stock, par value $0.0001 per share | -- | -- | -- |
| holding | Common stock, par value $0.0001 per share | -- | -- | -- |
Holdings After Transaction:
Common stock, par value $0.0001 per share — 98,700 shares (Direct, null);
Common stock, par value $0.0001 per share — 3,236,729 shares (Indirect, By Global Value Investment Corporation)
Footnotes (1)
- These securities are held in one or more accounts managed indirectly by Global Value Investment Corporation or its subsidiary or its affiliated entities (collectively, "GVIC"). GVIC is controlled by the reporting person. These securities may be deemed to be beneficially owned by the reporting person because he controls GVIC, and GVIC may be deemed to have beneficial ownership of these securities because it serves as the investment manager to separate managed accounts and/or investment partnerships. The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Key Figures
Indirectly held shares: 3,236,729 shares
Directly held shares: 98,700 shares
Holding entries: 2 entries
3 metrics
Indirectly held shares
3,236,729 shares
Common stock held in accounts managed by Global Value Investment Corporation
Directly held shares
98,700 shares
Common stock held directly by Jeffrey Richart Geygan
Holding entries
2 entries
Direct and indirect ownership lines reported in Form 3
Key Terms
beneficially owned, pecuniary interest, Section 16, investment manager
4 terms
beneficially owned financial
"These securities may be deemed to be beneficially owned by the reporting person because he controls GVIC"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
pecuniary interest financial
"The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any"
Section 16 regulatory
"for purposes of Section 16 of the Securities Exchange Act of 1934, as amended"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
investment manager financial
"GVIC may be deemed to have beneficial ownership of these securities because it serves as the investment manager"
FAQ
What does Loop Industries (LOOP) director Jeffrey Geygan report on this Form 3?
Director Jeffrey Richart Geygan reports his initial ownership of Loop Industries common stock, including shares held directly and shares held through accounts managed by Global Value Investment Corporation and its affiliates that he controls.
What is Global Value Investment Corporation’s role in Loop Industries (LOOP) holdings?
Global Value Investment Corporation serves as investment manager to separate managed accounts and investment partnerships that hold Loop Industries shares, and it is controlled by director Jeffrey Richart Geygan according to the Form 3 footnotes.