Form 4: SunOpta Inc. Executive Jill Barnett Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Jill Barnett, Chief Administrative Officer of SunOpta Inc., reports the vesting of restricted stock units and subsequent tax withholding, resulting in a net change in her beneficial ownership of common shares.
Summary
- On April 15, 2024, Jill Barnett, Chief Administrative Officer of SunOpta Inc., had restricted stock units (RSUs) vest, which were then converted into 860 common shares.
- Simultaneously, 393 shares were withheld by the company to cover income tax obligations related to the vesting of the RSUs at a price of $5.95 per share.
- Following these transactions, Barnett's direct ownership of SunOpta Inc. common shares decreased from 174,269 to 173,876 shares.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects a change in ownership by a company executive.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Date of transaction: vesting of restricted stock units and tax withholding. |
| 04/17/2024 | Date of signature on the Form 4 filing. |
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