SunOpta (STKL) SVP exercises RSUs as shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SunOpta Inc. SVP of Sales Jennifer Ann Caro reported routine equity compensation activity. She exercised 9,951 Restricted Stock Units into 9,951 Common Shares on April 11, 2026. Of these, 4,442 shares were withheld by the company at $6.48 per share to cover income tax obligations, leaving her with 11,084 Common Shares held directly.
Each Restricted Stock Unit represents a right to receive one SunOpta common share and does not have an expiration date. The RSUs vest in three equal annual installments beginning on April 11, 2026, contingent on her continued employment through each vesting date.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting and tax withholding; no open-market trading.
SVP of Sales Jennifer Ann Caro exercised 9,951 Restricted Stock Units into an equal number of SunOpta Common Shares on April 11, 2026. This reflects equity compensation vesting rather than an open-market purchase.
To satisfy income tax obligations tied to this vesting, 4,442 Common Shares were withheld by the company at $6.48 per share. After these transactions, she holds 11,084 Common Shares directly, while 19,903 Restricted Stock Units remain outstanding and will vest in three equal annual installments beginning on April 11, 2026.
Insider Trade Summary
9,951 shares exercised/converted
Mixed
3 txns
Insider
Caro Jennifer Ann
Role
SVP, Sales
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 9,951 | $0.00 | -- |
| Exercise | Common Shares | 9,951 | $0.00 | -- |
| Tax Withholding | Common Shares | 4,442 | $6.48 | $29K |
Holdings After Transaction:
Restricted Stock Units — 19,903 shares (Direct);
Common Shares — 15,526 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit represents a contingent right to receive one share of STKL common stock. 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. 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. The Restricted Stock Units do not have an expiration date.
Key Figures
RSUs exercised: 9,951 Restricted Stock Units
Shares withheld for taxes: 4,442 Common Shares
Post-transaction common shares: 11,084 Common Shares
+3 more
6 metrics
RSUs exercised
9,951 Restricted Stock Units
Exercised into Common Shares on April 11, 2026
Shares withheld for taxes
4,442 Common Shares
Withheld at $6.48 per share to satisfy tax withholding
Post-transaction common shares
11,084 Common Shares
Directly owned by Jennifer Ann Caro after transactions
RSUs outstanding
19,903 Restricted Stock Units
Total RSUs following the derivative transaction
RSU vesting schedule
Three equal annual installments
Beginning April 11, 2026, subject to continued employment
RSU expiration
No expiration date
RSUs do not expire under the disclosed terms
Key Terms
Restricted Stock Units, derivative security, tax-withholding disposition, vesting, +1 more
5 terms
Restricted Stock Units financial
"Each Restricted Stock Unit represents a contingent right to receive one share of STKL common stock."
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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
vesting financial
"The Restricted Stock Units vest in three equal annual installments beginning on April 11, 2026"
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.
income tax withholding requirements financial
"shares withheld by the Company to satisfy income tax withholding requirements in connection with the vesting of the RSUs."
FAQ
What insider transaction did SunOpta (STKL) SVP Jennifer Ann Caro report?
Jennifer Ann Caro reported exercising 9,951 Restricted Stock Units into 9,951 Common Shares on April 11, 2026. The filing shows this as a derivative exercise/conversion of equity awards, not an open-market stock purchase or sale.
What are the vesting terms of the SunOpta (STKL) Restricted Stock Units in this filing?
The Restricted Stock Units vest in three equal annual installments beginning on April 11, 2026. Vesting is conditioned on Jennifer Ann Caro’s continued employment with SunOpta through each vesting date, according to the footnote disclosures.
Do the Restricted Stock Units in this SunOpta (STKL) Form 4 expire?
The filing states that the Restricted Stock Units do not have an expiration date. Each RSU represents a contingent right to receive one SunOpta common share, subject to satisfying the time-based vesting and continued employment conditions.