---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-000892"
form_type: "8-K"
ticker: "LOOP"
cik: "0001504678"
company_name: "Loop Industries, Inc."
filed_at: "2026-01-08T23:59:59+00:00"
generated_at: "2026-05-16T11:12:12.374118+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Loop Industries appoints Spencer Hart as CFO; receives 1M options at $1.02

## Summary
- Spencer Hart appointed CFO effective Jan 15, 2026; remains board member.
- Base salary $200,000; annual cash incentive up to 75% of base salary.
- Received 1M stock options at $1.02; vests over 5 years with acceleration if India plant produces 12,500 MT quarterly.
- Severance: 10 months base salary, prorated bonus, full option vesting if terminated without cause.
- Board loses independent majority; company qualifies as controlled company under Nasdaq rules.

## SEC filing metadata
- accession: 0001437749-26-000892
- form_type: 8-K
- ticker: LOOP
- cik: 0001504678
- company_name: Loop Industries, Inc.
- filed_at: 2026-01-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1504678/000143774926000892/0001437749-26-000892-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1504678/000143774926000892/loop20260108_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-000892
- JSON: https://secwatch.observer/filing/0001437749-26-000892.json
- Plain text: https://secwatch.observer/filing/0001437749-26-000892.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.