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 performance stock units and subsequent tax withholding, resulting in changes to her beneficial ownership of common shares.
Summary
- On April 1, 2024, Jill Barnett, Chief Administrative Officer of SunOpta Inc., reported changes in her beneficial ownership of the company's common shares.
- 28,392 Performance Stock Units (PSUs) vested, each representing a contingent right to receive one share of STKL common stock.
- Following the vesting, 13,165 shares were withheld by the company to satisfy income tax withholding requirements at a price of $6.79 per share.
- After these transactions, Barnett directly owns 173,409 common shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, and the sentiment is neutral as it simply reports transactions related to executive compensation.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: vesting of Performance Stock Units and tax withholding. |
| 04/03/2024 | Date of signature on the Form 4 filing. |
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