Companies Loop Industries, Inc.
Loop Industries (LOOP): executive pay, fiscal 2026
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CEO pay, last three years
- $555,686FY2025
- $1,507,112FY2026
CEO total pay was $1,507,112 in fiscal 2026, up from $555,686 in fiscal 2025.
FY2026: salary $431,691 · bonus $0 · stock awards $0 · option awards $1,063,421
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Daniel Solomita | $431,691 | $0 | $0 | $1,063,421 | — | $0 | $12,000 | $1,507,112 |
| Chief Executive Officer | ||||||||
| Spencer Hart | 30,769 | 0 | 698,400 | 0 | 9,166 | 0 | 0 | 738,355 |
| Chief Financial Officer | ||||||||
| Adel Essaddam | 180,200 | 0 | 0 | 321,600 | — | 0 | 0 | 501,800 |
| Chief Operating Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2026 total | FY2025 total | FY2024 total | Δ FY2025→2026 |
|---|---|---|---|---|
| Daniel Solomita | $1,507,112 | $555,686 | — | ↑ +951,426 |
| Spencer Hart | 738,355 | — | — | — |
| Adel Essaddam | 501,800 | 329,084 | — | ↑ +172,716 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
The executive compensation program is designed to provide market-competitive compensation appropriate for a pre-revenue publicly traded company, utilizing a mix of base salary, short-term incentives, and long-term equity awards (including performance-based and time-based RSUs and options) to align executive interests with stockholder value creation and support retention.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | GGA |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
Outstanding equity awards at fiscal year-end 2026
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Adel Essaddam | RSU | 12,299 | — | $15,979 |
| Adel Essaddam | Option | 54,278 | 2.89 | — |
| Adel Essaddam | Option | 74,000 | 2.68 | — |
| Adel Essaddam | Option | 200,000 | 1.16 | — |
| Spencer Hart | Option | 800,000 | 1.02 | — |
| Daniel Solomita | Option | 1,500,000 | 1.16 | — |
| Daniel Solomita | RSU | 2,000,000 | — | 2,600,000 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Laurence SellynIndependent · Lead Independent Director · Audit (Chair) · Compensation · Nominating and Corporate Governance | $85,000 | $109,292 | — | — | — | $194,292 |
| Louise SamsIndependent · Audit · Compensation · Nominating and Corporate Governance (Chair) | 35,000 | 81,422 | — | — | — | 116,422 |
| Jay StubinaIndependent · Audit · Compensation (Chair) · Nominating and Corporate Governance | 35,000 | 81,422 | — | — | — | 116,422 |
| Laurent AugusteNot independent | 20,000 | 81,422 | — | — | — | 101,422 |
| Spencer HartEmployee director | 16,889 | 81,422 | — | — | — | 98,311 |
Board fee structure and ownership guideline
| Annual cash retainer | $20,000 |
|---|---|
| Annual equity retainer | $90,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 15,000 / 15,000 / 15,000 |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2026 |
|---|---|
| Cash retainers and fees | $191,889 |
| Equity awards (grant-date value) | $434,980 |
| All other compensation | $0 |
| Total cost of the board | $626,869 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Loop Industries as a peer
Companies that benchmark against LOOP
1 company names LOOP as a compensation peer
- PureCycle Technologies, Inc.PCTFY2025
Each company listed discloses LOOP in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named LOOP in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Loop Industries, Inc. | 2026 | Daniel Solomita | $431,691 | $0 | $1,063,421 | — | $1,507,112 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Say-on-pay history and pay ratio
No say-on-pay vote is on file for this company.
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (11 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Daniel Solomita. DEF 14A, filed 2026-06-09. Section “Summary Compensation Table” · page 21. As printed: 1,507,112. View filing ↗
- Section 01, Spencer Hart. DEF 14A, filed 2026-06-09. Section “Summary Compensation Table” · page 21. As printed: 738,355. View filing ↗
- Section 01, Adel Essaddam. DEF 14A, filed 2026-06-09. Section “Summary Compensation Table” · page 21. As printed: 501,800. View filing ↗
- Section 08, Laurence Sellyn. DEF 14A, filed 2026-06-09. Section “Director Compensation”. As printed: 194,292. View filing ↗
- Section 08, Louise Sams. DEF 14A, filed 2026-06-09. Section “Director Compensation”. As printed: 116,422. View filing ↗
- Section 08, Jay Stubina. DEF 14A, filed 2026-06-09. Section “Director Compensation”. As printed: 116,422. View filing ↗
- Section 08, Laurent Auguste. DEF 14A, filed 2026-06-09. Section “Director Compensation”. As printed: 101,422. View filing ↗
- Section 08, Spencer Hart. DEF 14A, filed 2026-06-09. Section “Director Compensation”. As printed: 98,311. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 191,889 + equity 434,980 + all other 0 = 626,869, summed across the director compensation table rows.
- Loop Industries, Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-06-09. CEO total compensation as printed in Loop Industries, Inc.'s own proxy. As printed: 1,507,112. View filing ↗