Loop Industries, Inc. Initial Statement of Beneficial Ownership
Loop Industries (LOOP) filed a Form 3 reporting Interim CFO Mike De Notaris’s initial beneficial ownership.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Loop Industries (LOOP) filed a Form 3 reporting Interim CFO Mike De Notaris’s initial beneficial ownership. He beneficially owns 20,828 shares of common stock, consisting of 2,000 shares and 18,828 restricted stock units (RSUs). 10,828 RSUs vest on March 9, 2027, and 8,000 vest in equal annual tranches on March 7 each year from 2026 through 2029, subject to continued employment. Each RSU represents the right to receive one share of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Consists of 2,000 shares of common stock and 18,828 restricted stock units ("RSU"), 10,828 of which shall fully vest on March 9, 2027, and 8,000 of which shall vest in equal annual tranches on March 7 of each year from 2026 through 2029, provided that the Reporting Person continues to be employed by Loop Industries, Inc. (the "Company") through the applicable vesting date. Each RSU represents a contingent right to receive one share of the Company's common stock.
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