4Filed Aug 19, 8:00 PM ET

Loop Industries (LOOP) Director Jeffrey Geygan Buys 53,990 Shares

$LOOP · Loop Industries, Inc.

Research Summary

AI-generated summary of this SEC filing

Updated

Loop Industries (LOOP) Director Jeffrey Geygan Buys 53,990 Shares

What Happened

  • Jeffrey Richart Geygan, a director of Loop Industries, made three open‑market purchases totaling 53,990 shares: 30,800 shares on 2026‑07‑31 at $0.73 ($22,579), 22,100 shares on 2026‑08‑18 at $0.64 ($14,186), and 1,090 shares on 2026‑08‑19 at $0.64 ($700). Total cash outlay ≈ $37,465.
  • These were purchases (acquisitions), which many investors view as a more informative/ potentially bullish signal than routine sales.

Key Details

  • Transaction dates and prices:
    • 2026‑07‑31 — 30,800 shares @ $0.73 (weighted avg; $22,579)
    • 2026‑08‑18 — 22,100 shares @ $0.64 (weighted avg; $14,186)
    • 2026‑08‑19 — 1,090 shares @ $0.64 (weighted avg; $700)
  • Filing: Form 4 filed with accession 0001193125‑26‑358148 on 2026‑08‑20. The filing covers the above July–August transactions; no late filing flag is indicated in the excerpt.
  • Shares owned after the transactions: not specified in the provided excerpt of the filing.
  • Notable footnotes:
    • F1: Prices shown are weighted averages; the filer will provide details of per‑price quantities on request.
    • F2: Some or all securities are held in accounts managed indirectly by Global Value Investment Corporation (GVIC), which the reporting person controls. He disclaims direct beneficial ownership except to the extent of any pecuniary interest.

Context

  • The reporting person is a director and controls GVIC, an investment manager—some purchases may reflect accounts managed by GVIC rather than personal retail purchases. That structure can mean the transactions are institutional trades tied to managed accounts, not necessarily direct personal bets.
  • These are straightforward open‑market purchases (Transaction code P). No options/exercises, awards, gifts, or tax withholdings are involved in this filing.