STOCK TITAN

Loop Industries (NASDAQ: LOOP) CEO receives major option awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Loop Industries, Inc. director and Chief Executive Officer Daniel Solomita reported receiving two compensation-related stock option grants. He was awarded 150,410 stock options with a $1.44 exercise price, which will vest in equal tranches on April 8, 2027, April 8, 2028, and April 8, 2029 if he remains employed. He also received 1,000,000 stock options at a $1.44 exercise price expiring April 8, 2033, which are subject to stockholder approval to increase the shares authorized under the 2017 Equity Incentive Plan at the next stockholder meeting.

Positive

  • None.

Negative

  • None.
Insider Solomita Daniel
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Stock options (right to buy) 150,410 $0.00 --
Grant/Award Stock options (right to buy) 1,000,000 $0.00 --
Holdings After Transaction: Stock options (right to buy) — 150,410 shares (Direct)
Footnotes (1)
  1. This option will vest and become exercisable ratably in equal tranches on April 8, 2027, April 8, 2028, and April 8, 2029, provided that the Reporting Person continues to be employed by the Company through the applicable vesting date. Subject to stockholder approval to increase the number of shares of common stock authorized under the 2017 Equity Incentive Plan at the next stockholder meeting.
Option grant size 150,410 options Stock options (right to buy) granted April 8, 2026
Second option grant size 1,000,000 options Stock options (right to buy) granted April 8, 2026
Exercise price $1.44 per share Exercise price for both option grants on Loop common stock
Vesting schedule 3 equal tranches 150,410 options vest on April 8, 2027, 2028, and 2029
Option expiration April 8, 2033 Expiration date for the 1,000,000-option grant
Stock options (right to buy) financial
"security_title: "Stock options (right to buy)""
2017 Equity Incentive Plan financial
"shares of common stock authorized under the 2017 Equity Incentive Plan"
vest and become exercisable ratably financial
"This option will vest and become exercisable ratably in equal tranches"
stockholder approval financial
"Subject to stockholder approval to increase the number of shares"
Stockholder approval is formal consent given by a company’s shareholders, usually through a vote at a meeting or by proxy, for major actions such as mergers, asset sales, changes to corporate structure, or amendments to governance rules. Investors pay attention because the vote can enable or block steps that materially change a company’s direction, ownership or value—like neighbors voting to allow a major renovation that would alter a building’s use and worth.
SEC Form 4
FORM 4UNITED 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*
Solomita Daniel

(Last)(First)(Middle)
480 FERNAND POITRAS

(Street)
TERREBONNEQCJ6Y1Y4

(City)(State)(Zip)

CANADA (FEDERAL LEVEL)

(Country)
2. Issuer Name and Ticker or Trading Symbol
Loop Industries, Inc. [ LOOP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock options (right to buy)$1.4404/08/2026A150,41004/08/202604/08/2033Common Stock150,410$0150,410D
Stock options (right to buy)$1.4404/08/2026A1,000,000 (1)(2)04/08/2033Common Stock1,000,000$01,000,000D
Explanation of Responses:
1. This option will vest and become exercisable ratably in equal tranches on April 8, 2027, April 8, 2028, and April 8, 2029, provided that the Reporting Person continues to be employed by the Company through the applicable vesting date.
2. Subject to stockholder approval to increase the number of shares of common stock authorized under the 2017 Equity Incentive Plan at the next stockholder meeting.
/s/ Daniel Solomita04/10/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did LOOP CEO Daniel Solomita report on this Form 4?

Daniel Solomita reported receiving two grants of stock options as compensation. One grant covers 150,410 options and the other 1,000,000 options, both with a $1.44 exercise price, tied to Loop Industries’ common stock and subject to specific vesting and approval conditions.

What are the key terms of Daniel Solomita’s 150,410 Loop Industries stock options?

The 150,410 stock options have a $1.44 exercise price and vest ratably in equal tranches on April 8, 2027, April 8, 2028, and April 8, 2029. Vesting requires that Solomita continue to be employed by Loop Industries through each applicable vesting date.

What conditions apply to the 1,000,000 Loop Industries stock options granted to the CEO?

The 1,000,000 stock options carry a $1.44 exercise price and expire on April 8, 2033. They are subject to stockholder approval to increase the number of shares authorized under Loop Industries’ 2017 Equity Incentive Plan at the next stockholder meeting before they can be fully effective.

How do the vesting terms affect Daniel Solomita’s 150,410 Loop Industries options?

The 150,410 options will vest in three equal tranches on April 8, 2027, April 8, 2028, and April 8, 2029. Solomita must remain employed by Loop Industries through each vesting date to receive the corresponding portion, linking the award to continued service.

Are Daniel Solomita’s new Loop Industries option grants open-market purchases of LOOP stock?

No, these are compensation-related stock option grants, not open-market purchases of LOOP shares. The grants provide rights to buy common stock at $1.44 per share in the future, subject to vesting and, for the larger grant, stockholder approval conditions.

What corporate approval is required for the 1,000,000 Loop Industries stock options?

The 1,000,000 stock options are contingent on stockholder approval to increase the number of common shares authorized under the 2017 Equity Incentive Plan. This approval is expected to be considered at Loop Industries’ next stockholder meeting, as referenced in the transaction footnote.