Form 4: Cantaloupe Inc. Executive Equity Disposition Post-Merger

Chief Legal Officer Anna Novoseletsky reports the disposition of all equity holdings following the acquisition of Cantaloupe, Inc. by 365 Retail Markets.

Summary

• Reporting person Anna Novoseletsky, Chief Legal Officer, disposed of all remaining common stock and derivative holdings in Cantaloupe, Inc. (CTLP).
• The disposition occurred on May 8, 2026, as a result of the company's merger with 365 Retail Markets, LLC.
• Common stock shares were converted into the right to receive $11.20 per share in cash.
• Restricted stock units (RSUs) were fully vested and converted into cash at the $11.20 per share merger consideration.
• In-the-money stock options were canceled in exchange for a cash payment representing the difference between the $11.20 merger price and the option 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 merger.

Positives

• Shareholders and executives received a defined cash exit price of $11.20 per share.
• All outstanding equity awards, including unvested RSUs and options, were accelerated and cashed out upon the merger completion.

Negatives

• The reporting person no longer holds any equity interest in the company following the merger.

Risks

• The company has ceased to be an independent publicly traded entity following the merger completion.

Future Outlook

The company has been acquired by 365 Retail Markets, LLC, and is no longer an independent public company; therefore, no future guidance is provided.

Management Comments

• The transactions reported were executed pursuant to the Agreement and Plan of Merger dated June 15, 2025.

Industry Context

StockSavvy.ai notes that this filing confirms the finalization of the consolidation within the automated retail and payment technology sector, as Cantaloupe, Inc. is absorbed by 365 Retail Markets.

Comparison to Industry Standards

• The cash-out merger structure is standard for private equity-backed acquisitions of public technology firms.
• Acceleration of vesting for equity awards is a common provision in change-of-control agreements to align management interests with the acquisition.

Legal Proceedings

• None mentioned.

Related Party Transactions

• None mentioned.

Stakeholder Impact

• Shareholders have received the merger consideration in exchange for their equity.
• The company is now a subsidiary of 365 Retail Markets, LLC.

Next Steps

• None; the company has been acquired.

Key Dates

Keywords

Cantaloupe, CTLP, Merger, Acquisition, Form 4, Insider Transaction, 365 Retail Markets