Insider Buying: LOOP Board Member Adds 98,000 Shares

Rhea-AI Filing Summary

Loop Industries (LOOP) – Form 4 insider transaction

Director Spencer Hart purchased a total of 98,000 LOOP common shares over three consecutive trading days:

• 24 Jul 2025: 41,317 shares at a weighted-average price of $1.252
• 25 Jul 2025: 27,562 shares at a weighted-average price of $1.3242
• 28 Jul 2025: 29,121 shares at a weighted-average price of $1.6536

The transactions were all coded “P” (open-market purchases). After the purchases, Hart’s direct beneficial ownership rose to 340,370 shares, up from roughly 242,370 shares prior to the reported activity. No derivative securities were involved, and no sales were reported. The filing signals incremental insider accumulation during a period when LOOP was trading between $1.23 and $1.66.

Positive

• Director Spencer Hart increased his direct ownership by 98,000 shares, a ~40% rise.
• All transactions were open-market purchases, typically viewed as a confidence signal.

Negative

• None.

Insights

Equity Analyst

TL;DR: Director bought 98k shares, boosting stake to 340k—moderately bullish insider signal.

Open-market purchases by a board member suggest personal conviction in LOOP’s valuation and prospects. While the dollar value is modest, the 40% increase in Hart’s personal holding is meaningful relative to his prior position and occurred at historically low price levels, potentially indicating perceived undervaluation. No disposals or derivative hedges were disclosed, reinforcing the positive stance. Impact is limited by the company’s small-cap status and lack of new fundamental information, but insider buying often precedes improved sentiment or corporate developments.

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).

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)
07/24/2025

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	07/24/2025		P		41,317	A	$1.252(1)	283,687	D
Common Stock	07/25/2025		P		27,562	A	$1.3242(2)	311,249	D
Common Stock	07/28/2025		P		29,121	A	$1.6536(3)	340,370	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 $1.2267 to $1.2899 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.

2. Weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.2950 to $1.3500 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.

3. Weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.6500 to $1.6650 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	07/28/2025
	** 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

How many LOOP shares did Director Spencer Hart purchase?

98,000 shares were bought between 24-28 Jul 2025.

What is Spencer Hart’s total LOOP shareholding after the transactions?

He now directly owns 340,370 common shares.

At what prices were the LOOP shares acquired?

Weighted-average prices ranged from $1.2267 to $1.6650 per share.

Were any LOOP shares sold or derivatives exercised?

No sales or derivative transactions were reported; only open-market purchases.

Does the filing indicate insider confidence in LOOP?

Open-market buying by a director typically reflects positive insider sentiment.