4Filed Jul 30, 8:00 PM ET
Loop Industries (LOOP) Director Jeffrey Geygan Buys Stock
$LOOP · Loop Industries, Inc.Research Summary
AI-generated summary of this SEC filing
Loop Industries (LOOP) Director Jeffrey Geygan Buys Stock
What Happened
Jeffrey Geygan, a director of Loop Industries, reported open-market purchases totaling 69,505 shares for about $51,982, along with a small reported disposition. Transactions: 6,610 shares on Jul 29 at $0.73 ($4,811) and 62,895 shares on Jul 30 at $0.75 ($47,171). The filing also shows a 370-share disposition on Jul 30 reported at $0.00 (other disposition).
Key Details
- Transaction dates and prices:
- 2026-07-29: Purchase 6,610 shares @ $0.73 = $4,811
- 2026-07-30: Purchase 62,895 shares @ $0.75 = $47,171
- 2026-07-30: Other disposition 370 shares @ $0.00
- Total acquired: 69,505 shares for ~$51,982; 370 shares disposed (no cash reported).
- Shares owned after transaction: Not specified in the provided transaction lines.
- Footnotes:
- F1: These securities are held in accounts managed indirectly by Global Value Investment Corporation (GVIC), which is controlled by the reporting person; he disclaims beneficial ownership except to extent of any pecuniary interest.
- F2: As of Jul 30, 2026, certain separately managed accounts terminated their relationship with GVIC, and positions held in those accounts are no longer included.
- Timeliness: Report filed 2026-07-31 for transactions on Jul 29–30; filing appears timely under Form 4 reporting rules.
Context
- These are direct purchases (code P) reported by a company director; purchases can be more informative to investors than routine sales but do not prove future performance.
- The 370-share disposition reported at $0.00 (code J) likely reflects a non‑market transfer (e.g., account transfer or similar) rather than a cash sale; the filing does not state the reason.
- Because holdings are reported via accounts managed by GVIC (which the reporting person controls), beneficial ownership may be indirect; the reporting person disclaims beneficial ownership except for any pecuniary interest.