Loop Industries director granted 140,350 RSUs
Sellyn Laurence G. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Sellyn Laurence G. reported acquisition or exercise transactions in this Form 4 filing.
Loop Industries, Inc. director Sellyn Laurence G. received a grant of 140,350 restricted stock units tied to common stock on 2026-07-23, with a reported price per share of $0.00. The RSUs vest in full on the earlier of one year after the grant date or the day before the next annual meeting of stockholders, subject to continued service as a non-employee director. Each RSU represents a contingent right to receive one share of common stock. After this award, Sellyn is reported as directly owning 587,711 shares of Loop Industries common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 140,350 | $0.00 | $0.00 |
Footnotes (1)
- F1. This reported transaction involved the grant of 140,350 restricted stock units ("RSU"), which shall fully vest upon the earlier of the one (1) year anniversary of the grant date or on the day prior to Loop Industries, Inc.'s (the "Company") next annual meeting of stockholders occurring after the grant date, provided that the Reporting Person continues to serve as a non-employee director through the applicable vesting date. Each RSU represents a contingent right to receive one share of the Company's common stock.
Key Figures
Key Terms
restricted stock units financial
contingent right financial
non-employee director financial
Rule 10b5-1 trading plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity award did Loop Industries (LOOP) report for Sellyn Laurence G.?
What are the vesting terms of the 140,350 RSUs granted by Loop Industries (LOOP)?
Does the Loop Industries (LOOP) RSU grant to Sellyn Laurence G. involve any cash purchase price?
Was the Loop Industries (LOOP) RSU grant reported as made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.