Form 4: SunOpta Director Albert D. Bolles Reports Ownership Change

SunOpta Inc. Director Albert D. Bolles reported a change in beneficial ownership of common stock and restricted stock units on May 1, 2026.

Summary

• Albert D. Bolles, a Director at SunOpta Inc., reported a transaction on May 1, 2026.
• This transaction involved the acquisition of 233,283 shares of common stock.
• Additionally, 20,193 Restricted Stock Units (RSUs) were surrendered.
• These actions are a result of the Arrangement Agreement, effective May 1, 2026, where Pegasus BidCo B.V. acquired all outstanding common shares of SunOpta for $6.50 per share.
• Following the transaction, Mr. Bolles beneficially owns 0 shares directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, primarily reporting on the completion of an acquisition and the resulting change in beneficial ownership for a director, rather than new operational or financial performance data.

Positives

• Director Albert D. Bolles's transaction is part of a larger acquisition of SunOpta Inc. by Pegasus BidCo B.V., indicating a significant corporate event.
• The transaction was executed at a price of $6.50 per share in cash, providing a clear valuation for the shares.

Negatives

• Following the transaction, Albert D. Bolles's direct beneficial ownership of SunOpta Inc. common stock is reported as 0 shares.

Future Outlook

The filing does not contain forward-looking statements or guidance from management regarding future performance.

Industry Context

StockSavvy.ai notes that this Form 4 filing signifies the completion of a significant acquisition event for SunOpta Inc., moving from a publicly traded entity to being privately held under Pegasus BidCo B.V. Such transactions often lead to shifts in reporting and potential strategic realignments.

Stakeholder Impact

• Shareholders: Received $6.50 per share in cash for their common shares, marking the end of their direct equity ownership in SunOpta Inc.

Next Steps

• The acquisition of SunOpta Inc. by Pegasus BidCo B.V. has been completed.
• Reporting of ownership changes will continue as required by regulatory bodies.

Key Dates

Keywords

SunOpta Inc., STKL, Form 4, Beneficial Ownership, Director, Common Stock, Restricted Stock Unit, Acquisition, Pegasus BidCo B.V., Arrangement Agreement