STOCK TITAN

Loop Industries (NASDAQ: LOOP) CFO receives grant of 6,365 stock options

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

Rhea-AI Filing Summary

Loop Industries, Inc. director and Chief Financial Officer Spencer Hart received a grant of stock options representing 6,365 shares of common stock. The options have an exercise price of $1.44 per share, were granted on April 8, 2026, and expire on April 8, 2033. This is a compensation-related award, not an open‑market purchase or sale, and leaves Hart with 6,365 derivative securities reported as directly owned after the transaction.

Positive

  • None.

Negative

  • None.
Insider Hart Spencer
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Stock options (right to buy) 6,365 $0.00 --
Holdings After Transaction: Stock options (right to buy) — 6,365 shares (Direct)
Footnotes (1)
Options granted 6,365 options Stock options representing 6,365 shares granted on April 8, 2026
Exercise price $1.44 per share Exercise price for newly granted stock options
Expiration date April 8, 2033 Expiration of the granted stock options
Post-grant derivative holdings 6,365 derivative securities Total stock options held after the reported transaction
Form 4 regulatory
"Please analyze the following financial content according to the instructions above. INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Stock options (right to buy) financial
""security_title": "Stock options (right to buy)""
derivative securities financial
"leaves Hart with 6,365 derivative securities reported as directly owned"
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.
exercise price financial
"The options have an exercise price of $1.44 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Grant, award, or other acquisition financial
""transaction_code_description": "Grant, award, or other acquisition""
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*
Hart Spencer

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial 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)$1.4404/08/2026A6,36504/08/202604/08/2033Common Stock6,365$06,365D
Explanation of Responses:
/s/ Spencer Hart04/10/2026
** 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 did LOOP’s CFO Spencer Hart report in this Form 4 filing?

Spencer Hart reported receiving a grant of stock options for 6,365 shares of Loop Industries common stock. These options were awarded as compensation, not bought on the open market, and give him the right to purchase shares at a fixed exercise price in the future.

How many Loop Industries (LOOP) options were granted to the CFO?

The CFO received stock options covering 6,365 shares of Loop Industries common stock. This grant increases his derivative holdings to 6,365 options in total, according to the filing, all reported as directly owned after the transaction date.

What is the exercise price of Spencer Hart’s LOOP stock options?

The granted stock options have an exercise price of $1.44 per share. This means Hart can choose to buy Loop Industries common stock at $1.44, regardless of future market price, any time before the options’ stated expiration date.

When do the newly granted LOOP stock options to the CFO expire?

The stock options awarded to the CFO expire on April 8, 2033. Up to that expiration date, he may exercise the options to purchase Loop Industries common stock at the predetermined $1.44 per share exercise price disclosed in the filing.

Is the LOOP Form 4 transaction an open-market buy or sell of shares?

No, the transaction is a grant of stock options coded as an acquisition (A), not an open-market trade. It reflects compensation awarded by the company, giving rights to buy shares later, rather than an immediate purchase or sale in the market.

How many derivative securities does the LOOP CFO hold after this option grant?

After the grant, the CFO is reported as holding 6,365 derivative securities related to Loop Industries common stock. These represent stock options with an exercise price of $1.44 per share and an expiration date of April 8, 2033, all directly owned.