Kocher Brian W 4

What Happened Brian W. Kocher, CEO of SunOpta Inc. (STKL), had 61,804 performance stock units (PSUs) convert into common shares on 2026-03-24. Of those shares, 18,913 were withheld by the company to satisfy income tax withholding obligations at $6.47 per share (total withholding value $122,367). Net shares delivered to Kocher after withholding were 42,891. The conversion is reported as an exercise/conversion of a derivative (code M) and the withholding as a payment of tax liability (code F).

Key Details

• Transaction date: 2026-03-24; Form 4 filed 2026-03-26 (filed timely).
• PSUs converted: 61,804 shares (each PSU = 1 share per footnote).
• Shares withheld for taxes: 18,913 shares at $6.47 each; withholding value reported $122,367.
• Net shares received by insider: 42,891 shares.
• Transaction codes: M = exercise/conversion of derivative (PSU vesting), F = tax withholding (deemed disposition).
• Filing does not list post-transaction total shares held by the insider in the provided data.

Context This was not an open-market sale or purchase — it was the vesting/conversion of performance awards with shares withheld to satisfy tax withholding, a routine corporate practice. Such withholding transactions are administrative and do not by themselves indicate the insider’s view on the company’s stock.