Form 4: SusGlobal Energy Corp. Director Hazout Acquires 6,000,000 Shares in Private Placement

Marc Hazout, Executive Chairman, President, and CEO of SusGlobal Energy Corp., acquired 6,000,000 shares of common stock through a private placement on February 18, 2025.

Summary

• On February 18, 2025, Marc Hazout, the Executive Chairman, President, and CEO of SusGlobal Energy Corp., acquired 6,000,000 shares of common stock.
• The shares were purchased at a price of $0.02 per share through a private placement with the Issuer.
• Following the transaction, Hazout directly owns 36,725,742 shares indirectly through Travellers International Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. An insider buying shares is generally a good sign, but the document itself is just a regulatory filing.

Positives

• The acquisition of shares by a key executive could be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

This type of insider transaction is common and closely watched by investors as it can provide insights into management's perspective on the company's valuation and future performance.

Stakeholder Impact

• The acquisition of shares by a key executive could increase investor confidence.

Key Dates

Keywords

SusGlobal Energy Corp., SNRG, Marc Hazout, private placement, share acquisition, Form 4, beneficial ownership, Travellers International Inc.