Form 4: Cantaloupe Inc. Director Douglas Bergeron Acquires Shares and Reports Beneficial Ownership

Director Douglas Bergeron reports acquiring shares of Cantaloupe Inc. and discloses beneficial ownership following the transaction.

Summary

• On May 1, 2025, Douglas Bergeron, a director of Cantaloupe, Inc., acquired 18,727 shares of common stock at $0 per share.
• Following this transaction, Bergeron beneficially owns 481,046 shares of Cantaloupe, Inc.
• The acquisition involved Restricted Stock Units (RSUs), each representing the right to receive one share of Cantaloupe's common stock.
• The RSUs vest fully on the first anniversary of the grant date, contingent upon continued service, with prorated vesting upon separation of service as per the 2015 Equity Incentive Plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it is a standard reporting of stock acquisition by a director. It doesn't inherently indicate positive or negative sentiment, but rather a procedural update.

Positives

• The acquisition of shares by a director may signal confidence in the company's future prospects.

Future Outlook

The RSUs vest in full on the first anniversary of the grant date, subject to continued service, with accelerated prorated vesting upon a separation of service in accordance with the applicable award agreement.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The change in beneficial ownership may be of interest to shareholders.

Key Dates

Keywords

Beneficial Ownership, Director, Cantaloupe Inc., Stock Acquisition, RSUs, CTLP, Form 4