Loop Industries Director Louise Sams Receives 105,263 RSU Award

What Happened

• Louise S. Sams, a non‑employee director of Loop Industries, was granted 105,263 restricted stock units (RSUs) on July 23, 2026. The Form 4 reports an acquisition price of $0.00 (reported cash value $0). Each RSU is a contingent right to receive one share of the company's common stock upon vesting.

Key Details

• Transaction date: 2026-07-23 (filed 2026-07-24).
• Transaction type/code: Grant/Award (A).
• Units granted: 105,263 RSUs; reported acquisition price $0.00 (value $0 on the Form 4).
• Vesting: RSUs fully vest on the earlier of the one‑year anniversary of the grant or the day prior to the Company's next annual meeting, provided Ms. Sams continues to serve as a non‑employee director (per footnote).
• Shares owned after transaction: Not specified in the provided filing.
• Timeliness: Filing appears timely (filed one day after the grant); no late‑filing flag noted.

Context

• RSUs are a form of equity compensation that convert to shares only upon vesting; they do not represent an immediate open‑market purchase or sale. Director RSU grants are common as compensation and do not, by themselves, indicate the director is buying or selling stock for personal liquidity.