Loop CFO awarded options for 6,365 LOOP shares
Loop Industries, Inc. director and Chief Financial Officer Spencer Hart received a grant of stock options representing 6,365 shares of common stock.
Accepted by SEC EDGAR
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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.
Insider Trade Summary
Grant/Award: 6,365 shares
Grant/Award
1 txn
Insider
Hart Spencer
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock options (right to buy) | 6,365 | $0.00 | $0.00 |
Holdings After Transaction:
Stock options (right to buy) — 6,365 contracts (Direct)
Key Figures
Options granted: 6,365 options
Exercise price: $1.44 per share
Expiration date: April 8, 2033
+1 more
4 metrics
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
Key Terms
Form 4, Stock options (right to buy), derivative securities, exercise price, +1 more
5 terms
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""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
