Hart Spencer 4

What Happened
Hart Spencer, Chief Financial Officer of Loop Industries (LOOP), was reported on a Form 4 to have acquired 6,365 shares as an award on April 8, 2026. The transaction is listed as a derivative/security award (transaction code A) at a reported price of $0.00 — i.e., the shares were granted rather than purchased for cash.

Key Details

• Transaction date: 2026-04-08
• Transaction type: Award/Grant (Form 4 code A), derivative security
• Shares acquired: 6,365 at $0.00 (total cash paid $0 as reported)
• Filing date: 2026-04-10 — filed within two business days of the transaction (appears timely under Form 4 rules)
• Shares owned after transaction: Not specified in the provided summary
• Footnotes/other codes: None reported in the supplied details (no 10b5-1 plan, tax withholding, or cashless exercise noted)

Context
Grants and awards are typically part of executive compensation and may be subject to vesting or transfer restrictions; they do not necessarily signal the insider buying or selling based on the market. Because this was an award at $0, it reflects compensation rather than an out-of-pocket purchase. Purchases by insiders tend to carry more direct informational value for investors than routine compensation grants.