Gaba Greg 4

What Happened

• Greg Gaba, Chief Financial Officer of SunOpta Inc. (STKL), had 9,611 restricted stock units (RSUs) convert to common shares on April 11, 2026. Of those, 4,390 shares were withheld by the company to satisfy tax withholding obligations at $6.48 per share (total withheld value $28,447). The net result was 5,221 shares delivered to Gaba.
• This was not an open-market sale or purchase — it was the conversion/vesting of equity awards with routine tax-withholding (cashless settlement of withholding).

Key Details

• Transaction date: April 11, 2026; Form 4 filed April 14, 2026 (period of report 4/11/2026).
• Conversion/vesting: 9,611 RSUs converted to 9,611 shares (reported with transaction code M).
• Tax withholding: 4,390 shares withheld at $6.48/share for $28,447 (transaction code F).
• Net shares issued to insider: 5,221 shares (9,611 − 4,390).
• Footnotes: F1–F4 state each RSU equals one share, withholding reflects tax payment on vesting, RSUs vest in three equal annual installments beginning 4/11/2026, and the RSUs have no expiration date.
• Shares owned after the transaction are not shown in the provided excerpt — see the full Form 4 for total beneficial ownership.

Context

• This is a routine vesting and withholding event (common for RSUs). The company withheld shares to satisfy tax obligations rather than an open-market sale; such withholding is not usually interpreted as a bearish signal. The RSUs vest over future dates (three equal annual installments beginning 4/11/2026) and are subject to continued employment.