LOOP - Loop Industries, Inc.

Insider Purchase by Hart Spencer (Dir)

1 Year
After Trade
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Trade Summary

7 months ago, Hart Spencer, serving as Dir at Loop Industries, Inc. (LOOP), purchased 98,000 shares at $1.39 per share, for a total transaction value of $136,381.00. Following this transaction, Hart Spencer now holds 340,370 shares of LOOP.

This purchase represents a 40.00% increase in Hart Spencer's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Thursday, July 24, 2025 and publicly disclosed via SEC Form 4 filing on Monday, July 28, 2025, 4 days after the trade was made.

Loop Industries, Inc. operates in the BASIC MATERIALS sector, specifically within the SPECIALTY CHEMICALS industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.

Hart Spencer

Dir

Spencer Hart is a seasoned finance executive with over 30 years of experience in investment banking and capital markets, most recently serving as a Senior Managing Director and Senior Advisor at Guggenheim Securities[[1]](https://www.stocktitan.net/news/LOOP/loop-industries-appoints-spencer-hart-as-chief-financial-4n68qhc9kdkw.html)[[2]](https://loopindustries.com/loop-industries-inc-today-announced-the-appointment-of-spencer-hart-as-chief-financial-officer-cfo/)[[4]](https://www.streetinsider.com/news.php?id=25801500&classic=1). He joined the Board of Directors of Loop Industries, Inc. (NASDAQ: LOOP) in February 2025, providing strategic guidance during a key growth phase for the company[[1]](https://www.stocktitan.net/news/LOOP/loop-industries-appoints-spencer-hart-as-chief-financial-4n68qhc9kdkw.html)[[2]](https://loopindustries.com/loop-industries-inc-today-announced-the-appointment-of-spencer-hart-as-chief-financial-officer-cfo/). Effective January 15, 2026, Hart transitioned to the full-time role of Chief Financial Officer (CFO) at Loop Industries while retaining his board seat, tasked with leading global financial strategy and capital markets engagement[[1]](https://www.stocktitan.net/news/LOOP/loop-industries-appoints-spencer-hart-as-chief-financial-4n68qhc9kdkw.html)[[2]](https://loopindustries.com/loop-industries-inc-today-announced-the-appointment-of-spencer-hart-as-chief-financial-officer-cfo/). His extensive background in corporate finance and strategic growth positions him to support Loop's mission in advancing a circular plastics economy through its proprietary PET recycling technology[[1]](https://www.stocktitan.net/news/LOOP/loop-industries-appoints-spencer-hart-as-chief-financial-4n68qhc9kdkw.html)[[2]](https://loopindustries.com/loop-industries-inc-today-announced-the-appointment-of-spencer-hart-as-chief-financial-officer-cfo/). Interim CFO Mike De Notaris transitioned to Vice President of Corporate Development, reporting to Hart[[1]](https://www.stocktitan.net/news/LOOP/loop-industries-appoints-spencer-hart-as-chief-financial-4n68qhc9kdkw.html)[[2]](https://loopindustries.com/loop-industries-inc-today-announced-the-appointment-of-spencer-hart-as-chief-financial-officer-cfo/).

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Trade Price

$1.39

Quantity

98,000

Total Value

$136,381.00

Shares Owned

340,370

Trade Date

Thursday, July 24, 2025

213 days ago

SEC Filing Date

Monday, July 28, 2025

Filed 4 days after trade

BASIC MATERIALSSPECIALTY CHEMICALS

About Loop Industries, Inc.

Company Overview

No company information available
View news mentioning LOOP

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