Loop Industries (LOOP) Director Jeffrey Richart Geygan Receives RSU Award

What Happened

• Jeffrey Richart Geygan, a non-employee director of Loop Industries, was granted 105,263 restricted stock units (RSUs) on July 23, 2026 (reported on Form 4). The RSUs were granted at $0.00 per unit and represent a contingent right to receive one share of common stock per RSU when they vest. The filing also shows a reported disposition of 4,760 shares on July 27, 2026 at $0.00 per share. Neither transaction shows a cash value in the filing.

Key Details

• Transaction types and dates: RSU grant (Code A) on 2026-07-23 — 105,263 RSUs at $0.00; reported disposition (Code J) on 2026-07-27 — 4,760 shares at $0.00.
• Vesting: Footnote F1 — the 105,263 RSUs vest on the earlier of one year after grant or the day before the Company’s next annual meeting, provided Geygan remains a non-employee director through the vesting date.
• Ownership after transaction: The Form 4 does not state a net total of shares beneficially owned by the reporting person after these entries.
• Reporting/filing timeliness: The Form 4 was filed July 27, 2026 for transactions dated July 23 and July 27; filing appears within the standard 2-business-day window.
• Additional notes: Footnote F2 indicates certain separately managed accounts terminated their relationship with, and are no longer advised by, GVIC, so positions in those accounts were removed from this report. Footnote F3 explains some securities are held in accounts managed indirectly by Global Value Investment Corporation (GVIC), which the reporting person controls; he disclaims beneficial ownership except to the extent of any pecuniary interest.

Context

• The RSU grant is an equity award (not an open-market purchase) that vests over time and does not necessarily reflect an immediate purchase or cash outlay. The reported disposition (Code J) at $0.00 likely reflects transfers or reporting changes tied to account management (per F2/F3), not necessarily an open-market sale.