Caro Jennifer Ann 4

What Happened

• Jennifer Ann Caro, Senior Vice President, Sales at SunOpta (STKL), had 9,951 restricted stock units (RSUs convert to common shares) vest on April 11, 2026. The company withheld 4,442 of those shares to satisfy income tax withholding (4,442 shares x $6.48 = $28,784), leaving a net delivery of 5,509 shares to Caro. The implied gross value of the vested tranche at $6.48/share is about $64,482.

Key Details

• Transaction date: April 11, 2026; Form 4 filed April 14, 2026 (appears to be timely).
• Vested/converted: 9,951 RSUs → 9,951 shares (reported as derivative conversion, code M).
• Withheld for taxes: 4,442 shares @ $6.48 = $28,784 (tax withholding, code F).
• Net shares received by insider: 5,509 shares.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1–F4 state these are RSUs (one share per RSU), the withheld shares are the deemed disposition for tax withholding, RSUs vest in three equal annual installments beginning Apr 11, 2026, and the RSUs have no expiration date.

Context

• This was an RSU vesting event (conversion of restricted units into shares) with a cashless tax-withholding disposition — common for equity compensation and not an open-market sale or purchase. Because the RSUs vest in three equal installments starting 4/11/2026, additional vesting events are expected in future years. The filing contains no indication of a 10b5-1 plan or other trading program.