Form 4: SunOpta Inc. Executive Bryan P. Clark Reports Stock Transactions
SEC Form 4
Bryan P. Clark, SVP of R&D and FSQ at SunOpta Inc., reports the vesting and tax withholding related to performance and restricted stock units.
Summary
- On May 5, 2025, Bryan P. Clark, SVP of R&D and FSQ at SunOpta Inc., reported transactions related to performance stock units (PSUs) and restricted stock units (RSUs).
- 15,454 performance stock units vested.
- 2,943 restricted stock units vested.
- Shares were withheld to satisfy income tax withholding requirements in connection with the vesting of the PSUs and RSUs.
- Following these transactions, Clark directly owns 48,163 common shares of SunOpta Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, and it doesn't inherently convey positive or negative sentiment. It's a neutral disclosure.
Future Outlook
The vesting of the performance stock units depends on the company's total shareholder return (TSR) performance relative to the Russell 3000 Food and Beverage companies during the performance period.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve the vesting of previously granted stock units.
Key Dates
| Date | Description |
|---|---|
| 05/05/2023 | First vesting date for Restricted Stock Units in three equal annual installments. |
| 05/05/2025 | Date of transaction for Performance Stock Units and Restricted Stock Units. |
| 05/05/2025 | Vesting or lapse date for Performance Stock Units (PSUs) depending on company performance. |
| 05/06/2025 | Date of signature for the SEC filing. |
Keywords
SunOpta Inc., STKL, Form 4, Bryan P. Clark, Performance Stock Units, Restricted Stock Units, Stock Options, Insider Trading, Beneficial Ownership, SEC Filing
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