Form 4: SunOpta Director Rebecca Fisher Acquires Shares in Lieu of Cash Compensation
SEC Form 4 Filing
Director Rebecca Fisher acquired 4,250 common shares of SunOpta Inc. (STKL) on July 26, 2024, in lieu of cash compensation for board service.
Summary
- On July 26, 2024, Rebecca Fisher, a director of SunOpta Inc. (STKL), acquired 4,250 common shares of the company.
- The shares were issued in lieu of cash compensation for her service on the board of directors.
- The price per share was $5.23.
- Following the transaction, Fisher directly owns 118,191 common shares of SunOpta Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. The director accepting shares in lieu of cash is a mildly positive signal.
Positives
- A director taking shares in lieu of cash compensation can signal confidence in the company's future performance.
Industry Context
Directors receiving shares as compensation is a common practice, aligning their interests with those of shareholders.
Related Party Transactions
- The issuance of shares to Rebecca Fisher, a director, in lieu of cash compensation is a related party transaction.
Stakeholder Impact
- The transaction has a minor impact on shareholders, as it slightly increases the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 07/26/2024 | Date of transaction: Rebecca Fisher acquired 4,250 common shares. |
| 07/29/2024 | Date of signature on the Form 4 filing. |
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