Form 4: SunOpta Director Lemmon Acquires Shares in Lieu of Cash Compensation
SEC Form 4 Filing
Director David J. Lemmon acquired 1,482 common shares of SunOpta Inc. in lieu of cash compensation for board service on April 17, 2025, and disposed of 2,611 shares.
Summary
- On April 17, 2025, David J. Lemmon, a director of SunOpta Inc., acquired 1,482 common shares.
- These shares were issued in lieu of cash compensation for his service on the board of directors.
- The price of the acquired shares was $3.9.
- Following the transaction, Lemmon's beneficially owned securities amounted to 2,611 shares.
- The reporting person also disposed of 2,611 shares.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reflects a routine transaction of shares issued in lieu of cash compensation. The director also disposed of 2,611 shares.
Positives
- The acquisition of shares by a director, even in lieu of cash, can signal confidence in the company's future.
Negatives
- The director disposed of 2,611 shares.
Industry Context
Director share acquisitions are common and often tied to compensation packages, aligning director interests with shareholder value. This is a routine filing related to insider transactions.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a director's compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 04/17/2025 | Date of transaction: acquisition of shares in lieu of cash compensation. |
| 04/21/2025 | Date of signature for the report. |
Keywords
SunOpta, Director, Share Acquisition, Form 4, Compensation, STKL, Securities, Beneficial Ownership
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