Form 4: SunOpta Inc. Director Richard Dean Hollis Reports Stock Transactions
SEC Form 4 Filing
Director Richard Dean Hollis reports acquisition and disposal of SunOpta Inc. (STKL) common shares and restricted stock units.
Summary
- On May 30, 2024, Director Richard Dean Hollis exercised 15,283 Restricted Stock Units (RSUs) converting them into common shares.
- Following this transaction, Hollis directly owns 540,357 common shares.
- On May 29, 2024, Hollis acquired 20,072 Restricted Stock Units (RSUs) that vest on May 29, 2025.
- The price of the derivative security is $0.00.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, reflecting neutral sentiment as it reports factual transactions without expressing opinions or forecasts.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies. It provides transparency to investors regarding the trading activities of key personnel.
Stakeholder Impact
- The reported transactions provide shareholders with insight into the director's holdings and trading activity, contributing to market transparency.
Key Dates
| Date | Description |
|---|---|
| 05/29/2024 | Acquisition of 20,072 Restricted Stock Units |
| 05/29/2025 | Vesting date for 20,072 Restricted Stock Units |
| 05/30/2024 | Exercise of 15,283 Restricted Stock Units |
| 05/31/2024 | Date of signature for the report |
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