Kobler Justin 4
Research Summary
AI-generated summary
SunOpta (STKL) SVP Justin Kobler Receives RSU Shares
What Happened
Justin Kobler, SVP of Supply Chain at SunOpta (STKL), reported the vesting/conversion of 10,000 restricted stock units (RSUs) on March 12, 2026. Of those shares, the company withheld 5,134 shares to satisfy income tax withholding at an indicated value of $6.44 per share, totaling $33,063. The net shares delivered to Kobler from this vesting event were 4,866 (10,000 vested − 5,134 withheld). The RSUs convert to common shares with no exercise price.
Key Details
- Transaction date: March 12, 2026; Filing date: March 17, 2026 (filed one business day late).
- Vesting/conversion: 10,000 RSUs → 10,000 common shares (derivative code M).
- Tax withholding (code F): 5,134 shares withheld and disposed at $6.44 per share, proceeds $33,063.
- Net shares received by insider: 4,866 shares.
- Footnotes: RSUs represent a contingent right to one share each (F1); shares were withheld to satisfy withholding (F2); filing notes 1,379 shares were acquired under the company stock purchase plan Dec 2025–Mar 4, 2026 (F3). RSUs vest in three equal annual installments beginning March 12, 2025 and have no expiration (F4, F5).
- Shares owned after transaction: not specified in the filing.
Context
This was a routine vesting of RSUs with a cashless/tax-withholding disposition of shares to cover taxes — a common administrative event rather than an open-market sale or purchase. Such withholding transactions generally do not indicate a buy/sell sentiment by the insider.