Bolles Albert D. 4

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.