Form 4: Loop Industries Director and 10% Owner Spencer Hart Boosts Stake with Over 98,000 Share Purchases

Spencer Hart, a Director and 10% owner of Loop Industries, Inc., significantly increased his direct beneficial ownership through multiple common stock purchases in late July 2025.

Summary

• Spencer Hart, a Director and 10% owner of Loop Industries, Inc. (LOOP), acquired a total of 98,000 shares of common stock through three separate transactions.
• On July 24, 2025, 41,317 shares were purchased at a weighted average price of $1.252 per share, with prices ranging from $1.2267 to $1.2899.
• On July 25, 2025, an additional 27,562 shares were acquired at a weighted average price of $1.3242 per share, with prices ranging from $1.2950 to $1.3500.
• On July 28, 2025, 29,121 shares were purchased at a weighted average price of $1.6536 per share, with prices ranging from $1.6500 to $1.6650.
• Following these transactions, Spencer Hart's direct beneficial ownership in Loop Industries, Inc. increased to 340,370 shares.
• The transactions were made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan for the purchase of equity securities.

Sentiment

Score: 8

Explanation: The significant increase in shareholding by a Director and 10% owner, especially through multiple purchases at increasing prices, indicates strong insider confidence and a positive outlook for the company.

Positives

• A Director and 10% owner significantly increased their stake in the company, signaling strong confidence in its future prospects.
• The purchases were made at increasing price points, suggesting a belief in the company's continued value appreciation.
• The transactions were conducted under a Rule 10b5-1 plan, indicating a pre-planned investment strategy rather than a reactive one.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders may view this insider buying as a positive signal, potentially increasing investor confidence and demand for the stock.
• The increased stake by a key insider aligns management's interests more closely with those of other shareholders.

Key Dates

Recommendation

A Director and 10% owner's substantial increase in shareholding, particularly through open market purchases at rising prices and under a pre-planned Rule 10b5-1 program, signals strong conviction in the company's intrinsic value and future growth potential. This insider activity suggests the stock may be undervalued or poised for positive developments, making it an attractive investment opportunity.

Keywords

Loop Industries, LOOP, Spencer Hart, insider trading, stock purchase, director, 10% owner, beneficial ownership, common stock, 10b5-1 plan