Form 4: SusGlobal Energy Corp. Director Hazout Acquires 2.5 Million Shares in Private Placement

Marc Hazout, Executive Chairman, President, and CEO of SusGlobal Energy Corp., acquired 2,500,000 shares of common stock through a private placement at $0.02 per share.

Summary

• On May 14, 2025, Marc Hazout, the Executive Chairman, President, and CEO of SusGlobal Energy Corp., acquired 2,500,000 shares of common stock.
• The shares were purchased through a private placement at a price of $0.02 per share.
• Following the transaction, Mr. Hazout beneficially owns 39,225,742 shares indirectly through Travellers International Inc., which he controls.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. Insider buying is generally a good sign, but the document is simply reporting a transaction.

Positives

• The acquisition of shares by a key executive demonstrates confidence in the company's future prospects.

Industry Context

Insider buying can be viewed positively by the market, signaling management's belief in the company's value and future performance. However, the impact can vary depending on the size of the purchase relative to the company's market capitalization and the overall market sentiment.

Stakeholder Impact

• The acquisition could positively influence shareholder sentiment.

Key Dates

Keywords

SusGlobal Energy Corp., Marc Hazout, private placement, share acquisition, beneficial ownership, SNRG, Travellers International Inc.