SunOpta Inc.·4

May 4, 1:07 PM ET

Lemmon David J 4

Research Summary

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SunOpta (STKL) Director David J. Lemmon Sells 43,072 Shares

What Happened
David J. Lemmon, a director of SunOpta Inc. (STKL), disposed of a total of 43,072 shares on May 1, 2026. The transactions comprised 22,879 common shares and 20,193 shares resulting from restricted stock units (RSUs) that were surrendered for cash. Under the court‑approved plan of arrangement, each share was cashed out at $6.50 per share (less applicable withholdings), for a combined proceeds of approximately $279,968. This was a disposition to the issuer as part of the company acquisition, not an open‑market sale.

Key Details

  • Transaction date: May 1, 2026. Form 4 filed May 4, 2026.
  • Price: $6.50 per share (cash consideration under the Arrangement); total ≈ $279,968.
  • Shares disposed: 22,879 common shares; 20,193 RSU‑derived shares (total 43,072).
  • Shares owned after transaction: not disclosed in the provided filing excerpt.
  • Footnotes: F1 = cash-out under court-approved Arrangement; F2 = RSU = right to one share; F3 = RSUs surrendered for cash at $6.50 each. Proceeds subject to applicable tax withholdings.
  • Transaction code: D (disposition to issuer — i.e., shares cashed out in the deal). No indication in the excerpt that this was a 10b5-1 plan or other special trading plan.

Context
This was a deal-related cash-out tied to SunOpta’s acquisition (each common share converted to $6.50 cash), so it reflects the transaction mechanics rather than an insider signaling buy/sell sentiment. The RSU entries were surrendered for cash (not exercised into open‑market shares). Retail investors should view this as a routine merger consideration payout rather than a discretionary market sale.