Form 4: SunOpta CFO Greg Gaba Reports Stock Transactions
SEC Form 4 Filing
SunOpta's Chief Financial Officer, Greg Gaba, reported the vesting of restricted stock units and subsequent tax withholding, resulting in changes to his beneficial ownership of company stock.
Summary
- On April 15, 2024, Greg Gaba, the Chief Financial Officer of SunOpta Inc. (STKL), reported transactions involving SunOpta's common shares and restricted stock units (RSUs).
- 561 Restricted Stock Units vested, which were converted into common shares.
- The company withheld 301 shares at a price of $5.95 to cover income tax obligations related to the vesting of the RSUs.
- Following these transactions, Gaba directly owns 40,620 common shares.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation, and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices involving RSUs and tax withholding.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Date of the stock transactions (vesting of RSUs and tax withholding). |
| 04/17/2024 | Date of signature for the Form 4 filing. |
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