Bolles Albert D. 4

4 · SunOpta Inc. · Filed May 4, 2026

AI-generated summary of this filing

Updated May 4, 2026

SunOpta (STKL) Director Albert Bolles Sells 253,476 Shares

What Happened

Director Albert D. Bolles reported dispositions on May 1, 2026 totaling 253,476 SunOpta (STKL) shares: 233,283 common shares and 20,193 RSU-based shares. The Form 4 lists the transactions as dispositions to the issuer; the filing itself shows no per-share price, but the sale was part of a court‑approved arrangement that paid $6.50 per share. The gross consideration for the combined dispositions is approximately $1,647,594 before any applicable withholdings.

Key Details

Transaction dates: May 1, 2026 (reported on Form 4 filed May 4, 2026).
Consideration: Arrangement consideration was $6.50 per share (footnote); Form 4 shows price as N/A because the transfers were part of the issuer acquisition.
Shares moved: 233,283 common shares (disposition to issuer) + 20,193 RSU-related dispositions (surrendered for cash).
Gross proceeds: ~ $1.65 million before applicable withholdings (actual net may be lower per footnotes).
Shares owned after transaction: Not specified on the Form 4; the transactions were part of an arrangement under which all outstanding common shares were transferred to the purchaser.
Notable footnotes: F1 describes the court‑approved plan of arrangement and $6.50 per-share cash consideration; F2 defines RSUs; F3 confirms RSUs were surrendered for cash equal to the $6.50 consideration (subject to withholding).
Filing timeliness: Form 4 filed May 4, 2026 reporting May 1 transactions (no late‑filing flag indicated on the filing).

Context

This was not a routine open‑market sale but dispositions tied to a corporate acquisition: SunOpta was acquired via a statutory plan of arrangement, and outstanding common shares and RSUs were converted to cash at the agreed $6.50 per‑share consideration. For retail investors, such transactions reflect the mechanics of the deal rather than a standalone insider sale for personal trading reasons.

Form 4Exit

Period: 2026-05-01

Director

Transactions

Disposition to Issuer
Common Stock
[F1]
2026-05-01−233,283→ 0 total
Disposition to Issuer
Restricted Stock Unit (RSU)
[F2][F3]
2026-05-01−20,193→ 0 total
→ Common Stock (20,193 underlying)

Footnotes (3)

[F1]Pursuant to the Arrangement Agreement (the "Arrangement Agreement"), dated as of February 6, 2026, by and among SunOpta Inc. ("SunOpta"), Pegasus BidCo B.V. ("Parent") and 2786694 Alberta Ltd. ("Purchaser"), Purchaser acquired all of SunOpta's issued and outstanding common shares in the capital of SunOpta (the "Common Shares") by way of a court-approved statutory plan of arrangement under Section 192 of the Canada Business Corporations Act (the "Arrangement"). At the effective time of the Arrangement (the "Effective Time"), each of SunOpta's issued and outstanding Common Shares were transferred to Purchaser for consideration of $6.50 per share in cash, less applicable withholdings (the "Consideration").
[F2]Each Restricted Stock Unit represents a contingent right to receive one share of STKL common stock.
[F3]At the Effective Time, each restricted stock unit ("RSU") held by the reporting person was surrendered in exchange for, subject to any withholding, a cash payment equal to the Consideration in respect of each Common Share underlying such RSU.

Signature

/s/ Brett Koch, attorney in fact|2026-05-04

1 file