Hollis Richard Dean 4

What Happened
Hollis Richard Dean, a director of SunOpta Inc., disposed of a total of 610,055 economic interests in SunOpta on May 1, 2026: 589,862 common shares and 20,193 restricted stock units (RSUs). Under a court‑approved plan of arrangement tied to SunOpta’s sale, each share (and each RSU surrendered) was paid out at $6.50 per share (less applicable withholdings), for aggregate gross consideration of about $3,965,358. These were dispositions to the issuer as part of the company’s acquisition, not open‑market sales.

Key Details

• Transaction date: May 1, 2026. Form 4 filed May 4, 2026. No late‑filing flag is indicated in the filing.
• Price/consideration: $6.50 per share (cash consideration under the Arrangement).
• Quantity: 589,862 common shares; 20,193 RSUs (total economic interest: 610,055).
• Approximate gross proceeds: ~ $3.97 million (610,055 × $6.50), subject to applicable withholdings.
• Shares owned after transaction: not specified in the Form 4 provided.
• Footnotes: F1—disposition occurred under a court‑approved statutory plan of arrangement in which Purchaser acquired all common shares for $6.50/share; F2—each RSU represents a contingent right to one share; F3—each RSU held by the reporting person was surrendered for cash equal to the $6.50 consideration (less withholding).

Context
This transaction reflects the cash-out of both common shares and RSUs under the company’s acquisition agreement, rather than a typical open‑market sale by the insider. RSU holdings were converted to cash consideration per the arrangement (i.e., surrendered for the deal consideration). For retail investors, such disposals tied to corporate takeovers are administrative outcomes of the deal and do not, by themselves, signal the insider’s ongoing view of the business.