Loop Industries (LOOP) awards 105,263 RSUs to board director Laurent
Rhea-AI Filing Summary
Auguste Laurent reported acquisition or exercise transactions in this Form 4 filing.
Loop Industries director Auguste Laurent reported a grant of 105,263 restricted stock units of common stock. These RSUs fully vest on the earlier of the one-year anniversary of the 2026-07-23 grant date or the day prior to Loop Industries’ next annual stockholders meeting, provided he continues to serve as a non-employee director through that date. Each RSU is a contingent right to one common share. Following the grant, he holds 203,486 common shares directly and 38,343 shares indirectly through Natane S.a s.u.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 105,263 | $0.00 | $0.00 |
| holding | Common Stock F2 | -- | -- | -- |
Footnotes (2)
- F1. This reported transaction involved the grant of 105,263 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.
- F2. Shares are held by Natane S.a s.u., a corporation duly formed and existing under the laws of France and controlled by Laurent Auguste.
Key Figures
Key Terms
restricted stock units financial
contingent right financial
non-employee director financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Auguste Laurent report for Loop Industries (LOOP)?
Auguste Laurent reported a grant of 105,263 restricted stock units (RSUs) of Loop Industries common stock. Each RSU represents a contingent right to receive one share, reflecting stock-based compensation for his role as a non-employee director.
What are the vesting terms of the 105,263 RSUs granted to Auguste Laurent at LOOP?
The 105,263 RSUs vest in full on the earlier of the one-year anniversary of the 2026-07-23 grant date or the day before Loop Industries’ next annual stockholders meeting, if Laurent continues serving as a non-employee director through the vesting date.
What does each RSU granted to Auguste Laurent at Loop Industries represent?
Each RSU granted to Auguste Laurent represents a contingent right to receive one share of Loop Industries common stock. Shares are delivered only upon vesting, assuming he continues as a non-employee director through the required period.