Form 4: Cantaloupe Inc. Executive Equity Disposition Post-Merger
Statement of Changes in Beneficial Ownership
Chief Accounting Officer Jared Scott Grachek reports the disposition of all equity holdings following the acquisition of Cantaloupe, Inc. by 365 Retail Markets, LLC.
Summary
- Jared Scott Grachek, Chief Accounting Officer of Cantaloupe, Inc., disposed of all direct holdings of common stock and derivative securities.
- The disposition occurred on May 8, 2026, in connection with the merger of Cantaloupe, Inc. into a subsidiary of 365 Retail Markets, LLC.
- A total of 8,722 shares of common stock were canceled and converted into the right to receive $11.20 per share in cash.
- A total of 20,788 restricted stock units (RSUs) were fully vested and converted into cash at the $11.20 per share merger consideration.
- 30,000 stock options with an exercise price of $6.54 were canceled in exchange for a cash payment representing the difference between the $11.20 merger price and the exercise price.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative filing documenting the final equity settlement of an executive following a completed corporate acquisition.
Positives
- The merger provided liquidity to the executive at a fixed cash price of $11.20 per share.
- All outstanding restricted stock units and in-the-money options were fully vested and cashed out as part of the transaction.
Negatives
- The reporting person no longer holds any equity interest in the company following the completion of the merger.
Risks
- The company has been acquired and is no longer an independent publicly traded entity, eliminating future upside potential for shareholders.
Future Outlook
The company has been acquired by 365 Retail Markets, LLC; therefore, no further independent forward-looking guidance is provided.
Industry Context
StockSavvy.ai notes that this filing confirms the finalization of the acquisition of Cantaloupe, Inc. by 365 Retail Markets, a move that consolidates the automated retail and self-service technology sector.
Comparison to Industry Standards
- The $11.20 cash-out price represents the final valuation for public shareholders in the context of the 365 Retail Markets acquisition.
- The acceleration of vesting for equity awards is standard practice in change-of-control transactions within the technology and payments industry.
Stakeholder Impact
- Shareholders have received the merger consideration in cash.
- The company is now a private entity under 365 Retail Markets, LLC.
Next Steps
- Delisting of Cantaloupe, Inc. common stock from public exchanges.
Key Dates
| Date | Description |
|---|---|
| 06/15/2025 | Date of the Agreement and Plan of Merger. |
| 05/08/2026 | Date of the merger completion and reporting person's equity disposition. |
Keywords
Cantaloupe, CTLP, Merger, Acquisition, Form 4, Insider Transaction, 365 Retail Markets
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