Caro Jennifer Ann 4

What Happened
Jennifer Ann Caro, Senior Vice President, Sales at SunOpta (STKL), had a total of 112,614 shares disposed to the issuer on May 1, 2026 as part of a court‑approved acquisition. The consideration under the arrangement was $6.50 per common share, so the aggregate cash value for these dispositions was approximately $731,991. The filing shows three dispositions: 11,084 common shares and two derivative categories (52,870 and 48,660) representing RSUs and performance‑based RSUs/PSUs that were surrendered for cash.

Key Details

• Transaction date: 2026-05-01; Form 4 filed 2026-05-04 (timely).
• Consideration: $6.50 per share paid in cash under the Arrangement Agreement (the Form reports price as N/A because this was an issuer cash‑out).
• Shares disposed: 11,084 (common) + 52,870 (RSUs) + 48,660 (PSUs) = 112,614 shares.
• Approximate cash received: 112,614 × $6.50 = $731,991 (subject to applicable withholdings).
• Post‑transaction: the reported RSUs/PSUs were surrendered and common shares transferred under the arrangement; those surrendered securities are extinguished/paid out.
• Footnotes: F1–F5 explain the court‑approved plan of arrangement and that RSUs/PSUs were exchanged for cash equal to the $6.50 per‑share consideration (subject to withholding).

Context
This was not an open‑market sale but the cash‑out of equity and equity awards due to a takeover (Purchaser acquired all SunOpta common shares). Derivative items on the Form 4 reflect RSUs/PSUs converted to cash, not option exercises or voluntary insider trading. For retail investors, this is an exit payment from the corporate transaction rather than a trading signal about the executive’s view of the company’s future share price.