Form 4: SunOpta CFO Greg Gaba Reports Stock Transactions

SunOpta's Chief Financial Officer, Greg Gaba, reported the vesting and subsequent tax withholding related to restricted stock units.

Summary

• On October 23, 2024, Greg Gaba, the CFO of SunOpta Inc., reported transactions involving SunOpta's common shares and restricted stock units (RSUs).
• 28,169 Restricted Stock Units vested.
• Shares were acquired upon vesting of the RSUs and then a portion were disposed of to cover income tax withholding requirements.
• Specifically, 28,169 shares were acquired upon the vesting of the RSUs.
• 12,868 shares were disposed of at a price of $5.72 to satisfy income tax obligations.
• Following these transactions, Gaba directly owns 58,649 common shares and 56,338 restricted stock units.

Sentiment

Score: 5

Explanation: This is a routine filing related to executive compensation and does not inherently indicate positive or negative sentiment.

Future Outlook

The remaining Restricted Stock Units vest in two further equal annual installments, subject to continued employment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions have a minor dilutive effect on existing shareholders due to the issuance of new shares upon vesting of the RSUs.

Key Dates