CATINO GIOVANNI 4

What Happened
Giovanni Catino, Chief Revenue Officer of Loop Industries, received an award (grant) of 43,870 shares on April 8, 2026. The filing reports the shares were acquired at $0.00 (code A — award/grant), indicating an equity grant rather than a cash purchase or sale. No cash value was reported at acquisition in the Form 4.

Key Details

• Transaction date: 2026-04-08; Form 4 filed: 2026-04-10 (appears timely).
• Transaction type/code: Award/Grant (A). Shares granted: 43,870; acquisition price reported: $0.00.
• Shares owned after the transaction: not specified in the provided filing details.
• No 10b5-1 plan, tax-withholding, or sale reported in this filing; no footnotes were included in the summary data provided.

Context
An "award" typically means the company granted equity (e.g., restricted stock or RSUs) to the executive; these grants often vest over time and are not immediate cash sales. Such awards compensate or retain executives and do not necessarily signal a near-term bullish or bearish view by the insider. For retail investors, note that awards increase insider ownership potential but liquidity and taxable events usually depend on vesting and any subsequent sales.