4/A: Cantaloupe Inc. Director Michael Passilla Reports Changes in Beneficial Ownership

Director Michael Passilla reports acquisition and disposal of Cantaloupe Inc. common stock and updates to restricted stock units.

Summary

• On May 12, 2025, Michael Passilla, a director of Cantaloupe, Inc., reported changes in beneficial ownership of the company's stock.
• The report includes the acquisition of 19,157 shares of common stock and the disposal of 97,476 shares.
• Passilla also holds Restricted Stock Units (RSUs) which represent the right to receive one share of Cantaloupe's common stock each.
• The RSUs vest in full 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: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral.

Industry Context

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

Stakeholder Impact

• Shareholders are informed about changes in ownership by a company director.

Key Dates

Keywords

Beneficial Ownership, Form 4, Cantaloupe Inc., CTLP, Director, Michael Passilla, Restricted Stock Units, RSUs, Equity Incentive Plan, Stock Acquisition, Stock Disposal