Form 4: SunOpta Director Diego Reynoso Boosts Common Share Ownership Through RSU Conversion

SunOpta Inc. Director Diego Reynoso reported an increase in his direct beneficial ownership of common shares following the conversion of Restricted Stock Units and the acquisition of new RSUs.

Summary

• Diego Reynoso, a Director of SunOpta Inc. (STKL), reported changes in his beneficial ownership of company securities on May 29, 2025.
• Mr. Reynoso acquired 20,072 common shares through the exercise or conversion of derivative securities (Restricted Stock Units), as indicated by transaction code 'M'.
• Following this transaction, Mr. Reynoso's direct beneficial ownership of common shares increased to 47,997.
• Additionally, Mr. Reynoso acquired 17,770 new Restricted Stock Units (RSUs) on the same date, which represent a contingent right to receive one share of STKL common stock each.
• The 20,072 Restricted Stock Units that were converted into common shares were simultaneously disposed of from the derivative securities holdings, resulting in 0 beneficially owned derivative securities of that specific grant.
• The newly acquired Restricted Stock Units do not have an expiration date.

Sentiment

Score: 6

Explanation: The filing indicates a routine insider transaction involving the conversion of equity awards into common stock and the grant of new awards, which generally aligns the director's interests with shareholders. This is a neutral to slightly positive signal as it shows continued insider stake.

Positives

• Director Diego Reynoso increased his direct beneficial ownership of SunOpta common shares by 20,072 shares, bringing his total to 47,997 shares, which can signal confidence in the company's future.
• The acquisition of 17,770 new Restricted Stock Units indicates continued long-term incentive alignment between the director and the company's performance.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• The transactions involve equity compensation (Restricted Stock Units and common shares), which is a common form of compensation provided to directors and is considered a related-party transaction.

Stakeholder Impact

• Shareholders: May view the director's increased direct ownership as a positive sign of alignment and confidence in the company's future performance.

Key Dates

Keywords

SunOpta Inc., STKL, Form 4, Insider Trading, Beneficial Ownership, Director, Restricted Stock Units, Common Shares, Equity Compensation, Corporate Governance