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Loop Industries, Inc. (NASDAQ:LOOP) Chief Executive Officer Daniel Solomita, has purchased 906794 shares of common stock at a price of $1.0096, for a total value of $915499, according to a Form 4 filing with the Securities and Exchange Commission. The purchase comes as the stock, currently trading at $1.36, has shown a strong return of ~13% over the past six months, according to InvestingPro data.
The transaction, which occurred on July 23, 2025, increased Solomita’s direct holdings to 1415516 shares.
Additionally, the filing indicates that Solomita indirectly owns 18600000 shares through 10036552 Canada Inc., a Canadian corporation wholly-owned by Solomita. The report also notes direct ownership of 3400000 shares underlying restricted stock units approved by the Board.
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