Loop Industries (NASDAQ: LOOP) grants CRO 43,870 stock options at $1.44
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Loop Industries, Inc. reported that Chief Revenue Officer Giovanni Catino received a grant of stock options on April 8, 2026. The award covers 43,870 stock options, each allowing him to buy one share of common stock at an exercise price of $1.44 per share. The options expire on April 8, 2033, and are held directly. Following this grant, he holds 43,870 derivative securities linked to the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CATINO GIOVANNI
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock options (right to buy) | 43,870 | $0.00 | -- |
Holdings After Transaction:
Stock options (right to buy) — 43,870 shares (Direct)
Footnotes (1)
Key Figures
Options granted: 43,870 stock options
Exercise price: $1.44 per share
Expiration date: April 8, 2033
+2 more
5 metrics
Options granted
43,870 stock options
Grant to Chief Revenue Officer on April 8, 2026
Exercise price
$1.44 per share
Exercise price of granted stock options
Expiration date
April 8, 2033
Option expiration for this grant
Underlying shares
43,870 shares of common stock
Shares issuable upon exercise of options
Holdings after transaction
43,870 derivative securities
Total options held directly after grant
Key Terms
Stock options (right to buy), Grant, award, or other acquisition, Common Stock, derivative securities
4 terms
Stock options (right to buy) financial
"security_title: "Stock options (right to buy)""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Common Stock financial
"underlying_security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
derivative securities financial
"total_shares_following_transaction shows derivative securities held"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
FAQ
What did LOOP executive Giovanni Catino report in this Form 4 filing?
Giovanni Catino, Chief Revenue Officer of Loop Industries (LOOP), reported receiving a grant of company stock options. The award is compensation-based, giving him rights to acquire common shares in the future rather than reflecting any open-market stock purchase or sale.
How many Loop Industries (LOOP) stock options were granted to Giovanni Catino?
Loop Industries granted 43,870 stock options to Chief Revenue Officer Giovanni Catino. Each option relates to one share of common stock, so the grant represents rights over 43,870 underlying common shares if the options are eventually exercised.
What is the exercise price of Giovanni Catino’s LOOP stock options?
The granted stock options have an exercise price of $1.44 per share. This means Catino can buy Loop Industries common stock at $1.44 for each of the 43,870 options, if and when he chooses to exercise them before expiration.
When do Giovanni Catino’s Loop Industries (LOOP) stock options expire?
The stock options granted to Giovanni Catino expire on April 8, 2033. He can exercise the 43,870 options at $1.44 per share any time before that expiration date, subject to applicable vesting terms and company plan conditions.
How many derivative securities does Giovanni Catino hold after this LOOP option grant?
After the reported transaction, Giovanni Catino holds 43,870 derivative securities directly. These derivative securities are stock options, each tied to one share of Loop Industries common stock at a fixed exercise price of $1.44 per share.