SunOpta (STKL) SVP gains shares from RSUs, some withheld for taxes
Rhea-AI Filing Summary
SunOpta Inc. senior vice president Bryan P. Clark exercised restricted stock units into common shares in a routine compensation-related transaction. He converted 6,283 Restricted Stock Units into 6,283 Common Shares, each RSU representing a contingent right to receive one SunOpta common share.
The company withheld 2,866 Common Shares at a price of $6.48 per share to cover income tax obligations tied to the RSU vesting, which is treated as a deemed disposition rather than an open‑market sale. After these transactions, Clark holds 62,011 Common Shares directly and 12,567 Restricted Stock Units, which vest in three equal annual installments beginning on April 11, 2026, subject to his continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,417 shares
Net Buy
3 txns
Insider
Clark Bryan P
Role
SVP, FSQ and R&D
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,283 | $0.00 | $0.00 |
| Exercise | Common Shares | 6,283 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Shares | 2,866 | $6.48 | $19K |
Holdings After Transaction:
Restricted Stock Units — 12,567 shares (Direct);
Common Shares — 62,011 shares (Direct)
Footnotes (4)
- F1. Each Restricted Stock Unit represents a contingent right to receive one share of STKL common stock.
- F2. This line item reflects the deemed disposition of shares withheld by the Company to satisfy income tax withholding requirements in connection with the vesting of the RSUs.
- F3. The Restricted Stock Units vest in three equal annual installments beginning on April 11, 2026, subject to the continued employment of the reporting person through each such vesting date.
- F4. The Restricted Stock Units do not have an expiration date.
Key Figures
RSUs exercised: 6,283 units
Shares withheld for taxes: 2,866 shares at $6.48
Common Shares after transaction: 62,011 shares
+1 more
4 metrics
RSUs exercised
6,283 units
Restricted Stock Units converted into Common Shares on April 11, 2026
Shares withheld for taxes
2,866 shares at $6.48
Common Shares withheld to satisfy income tax obligations
Common Shares after transaction
62,011 shares
Direct SunOpta Common Share holdings following Form 4 transactions
RSUs after transaction
12,567 units
Restricted Stock Units outstanding after the derivative exercise
Key Terms
Restricted Stock Units, contingent right, income tax withholding requirements, vesting, +1 more
5 terms
Restricted Stock Units financial
"Each Restricted Stock Unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents a contingent right to receive one share of STKL common stock"
income tax withholding requirements financial
"shares withheld by the Company to satisfy income tax withholding requirements"
vesting financial
"in connection with the vesting of the RSUs"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
expiration date financial
"The Restricted Stock Units do not have an expiration date"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did SunOpta (STKL) report for Bryan P. Clark?
SunOpta reported that SVP Bryan P. Clark exercised 6,283 Restricted Stock Units into Common Shares. As part of the same event, 2,866 shares were withheld by the company to cover income tax obligations triggered by the RSU vesting, a non–open-market disposition.
What are the vesting terms of Bryan P. Clark’s SunOpta (STKL) Restricted Stock Units?
Clark’s Restricted Stock Units vest in three equal annual installments beginning on April 11, 2026. Vesting is contingent on his continued employment with SunOpta through each vesting date, and each vested unit entitles him to receive one SunOpta common share.
How does this SunOpta (STKL) Form 4 classify the RSU transaction codes?
The RSU events use transaction code M for the exercise or conversion of a derivative security into 6,283 Common Shares. The tax withholding uses code F, reflecting shares delivered back to the company to satisfy income tax liabilities from the RSU vesting.