Insider Purchase: Loop Industries Director Adds 20k Shares

Rhea-AI Filing Summary

Loop Industries, Inc. (LOOP) – Form 4 insider transaction

• Reporting person: Director Spencer Hart
• Transaction date: 08/05/2025
• Security: Common Stock
• Action: Purchase (Code “P”)
• Volume: 20,000 shares
• Weighted-average price: $1.655 per share (individual trades ranged $1.640-$1.700)
• Post-transaction beneficial ownership: 360,370 shares held directly
• No derivative securities were reported in Table II.

The filing was signed electronically by Spencer Hart on 08/07/2025. No amendments or additional reporting persons are listed.

Insights

Equity Analyst

TL;DR: Director bought 20k LOOP shares at $1.655, lifting stake to 360,370—small but directionally supportive.

The Form 4 shows an open-market purchase by Director Spencer Hart. At roughly $33k consideration, the buy is modest in absolute terms but increases his direct holding by about 5.9%. Insider purchases are generally viewed as an alignment signal because they involve personal capital at risk. The absence of dispositions or derivative exercises suggests a straightforward accumulation rather than compensation-related activity. While the volume is unlikely to move the stock mechanically, investors often monitor such transactions as incremental indicators of board-level sentiment.

Corporate Governance Specialist

TL;DR: Single-insider, single-day open-market buy—clean governance profile, low complexity.

The filing complies with Section 16 reporting within the two-business-day window. No 10b5-1 plan was checked, implying discretionary purchasing. Only one insider is involved, and there are no derivative positions, reducing opacity. The purchase modestly deepens ownership, which governance frameworks typically score positively due to enhanced alignment. There are no red flags such as simultaneous sales, option exercises, or group filings.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hart Spencer

(Last) (First) (Middle)

480 FERNAND POITRAS

(Street)

TERREBONNE A8 J6Y1Y4

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Loop Industries, Inc. [ LOOP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/05/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/05/2025		P		20,000	A	$1.655(1)	360,370	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.640 to $1.700 per share inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.

	/s/ Spencer Hart	08/07/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who bought Loop Industries (LOOP) shares?

Director Spencer Hart purchased shares according to the Form 4.

How many LOOP shares were purchased?

20,000 common shares were bought.

At what price were the shares acquired?

The weighted-average purchase price was $1.655 per share, with individual trades between $1.640 and $1.700.

What is the director's total LOOP ownership after the transaction?

Spencer Hart now beneficially owns 360,370 common shares.

Were any derivative securities involved?

No. Table II shows no derivative securities acquired or disposed.