secwatch.observer — SEC 8-K summary
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Issuer:     Loop Industries, Inc. (LOOP)
CIK:        0001504678
Form:       8-K
Filed at:   2023-04-04T23:59:59+00:00
Accession:  0001654954-23-004305
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Loop Industries appoints Fady Mansour as CFO effective April 17, 2023
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- Fady Mansour, age 50, previously Senior Director at CDPQ and 20+ years at Canadian National Railway.
- Base salary of CA$360,000, signing bonus of CA$75,000, and target cash incentive up to 75% of base.
- One-time grant of 470,000 RSUs vesting over five years under the 2017 Equity Incentive Plan.
- Nicholas Lafond thanked for serving as Interim CFO during the transition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1504678/000165495423004305/0001654954-23-004305-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1504678/000165495423004305/loop_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-004305

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer