Form 4: SunOpta Director Reynoso Acquires Shares in Lieu of Cash Compensation
SEC Form 4 Filing
Director Diego Reynoso acquired 4,269 common shares of SunOpta Inc. in lieu of cash compensation for board service on April 17, 2025.
Summary
- On April 17, 2025, Diego Reynoso, a director of SunOpta Inc., acquired 4,269 common shares of the company.
- The shares were issued in lieu of cash compensation for Reynoso's service on the board of directors.
- The price of the shares was $3.9.
- Following the transaction, Reynoso directly owns 27,925 common shares.
Sentiment
Score: 6
Explanation: Neutral sentiment. The transaction is a routine compensation matter. The director increasing their stake is mildly positive.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
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 Diego Reynoso, a director, in lieu of cash compensation is a related party transaction.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.
Key Dates
| Date | Description |
|---|---|
| 04/17/2025 | Date of transaction: Diego Reynoso acquired 4,269 common shares. |
| 04/21/2025 | Date of signature on the Form 4 filing. |
Keywords
SunOpta, Director, Share Acquisition, Form 4, Reynoso, Compensation, STKL, Beneficial Ownership
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