Form 4: SunOpta CFO Greg Gaba Reports Stock Transactions

CFO of SunOpta Inc., Greg Gaba, reports acquisition and disposition of common shares and derivative securities, including performance stock units (PSUs) and restricted stock units (RSUs), on May 5, 2025.

Summary

• On May 5, 2025, Greg Gaba, CFO of SunOpta Inc., reported transactions involving SunOpta's common shares and derivative securities.
• These transactions included the vesting of 7,901 Performance Stock Units (PSUs) and 1,494 Restricted Stock Units (RSUs).
• Shares were also withheld to satisfy income tax obligations related to the vesting of these units, resulting in the disposition of 3,603 shares at $4.55 per share for PSUs and 682 shares at $4.55 per share for RSUs.
• Following these transactions, Gaba directly owns 79,723 common shares.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment. It's a routine disclosure.

Future Outlook

The vesting of Performance Stock Units (PSUs) on May 5, 2025, depends on the Company's total shareholder return (TSR) performance relative to the Russell 3000 Food and Beverage companies during the performance period.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Comparison to Industry Standards

• Executive compensation packages often include stock options, restricted stock units, and performance-based units to align management's interests with those of shareholders.
• The vesting conditions for the PSUs, tied to TSR relative to the Russell 3000 Food and Beverage companies, are a common performance metric used in the industry.
• Companies like Nestle, Unilever, and Kraft Heinz also use similar equity-based compensation plans for their executives.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they involve the vesting of previously granted equity compensation.
• The withholding of shares to cover taxes may slightly reduce the number of shares available in the market.

Key Dates

Keywords

SunOpta, STKL, Form 4, Greg Gaba, CFO, Performance Stock Units, Restricted Stock Units, Stock Transactions, Beneficial Ownership, Securities