Form 4: Cantaloupe Inc. Director Warren Shannon S Acquires 15,699 Shares of Common Stock

Director Warren Shannon S acquired 15,699 shares of Cantaloupe Inc. common stock on May 13, 2024, and now beneficially owns 78,319 shares.

Summary

• On May 13, 2024, Warren Shannon S, a director of Cantaloupe Inc., acquired 15,699 shares of common stock.
• The acquisition was made at a price of $0 per share.
• Following the transaction, Warren Shannon S beneficially owns 78,319 shares of Cantaloupe Inc. common stock.
• The acquired securities are Restricted Stock Units (RSUs) which vest in full on the first anniversary of the grant date, subject to continued service.
• Accelerated prorated vesting occurs upon separation of service in accordance with the applicable award agreement.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by a director, which doesn't inherently indicate positive or negative sentiment.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating 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

This Form 4 filing is a routine disclosure required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• The acquisition of shares by a director could positively influence shareholder sentiment.

Key Dates