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SunOpta (NASDAQ: STKL) SVP exercises RSUs, settles tax in shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SunOpta Inc. senior vice president Lauren McNamara exercised equity awards and settled related taxes in shares. On April 11, 2026, she converted 6,201 Restricted Stock Units into an equal number of common shares. To cover income tax withholding on the RSU vesting, 2,828 common shares were withheld at a price of $6.48 per share.

Following these transactions, McNamara directly held 132,069 common shares and 12,401 Restricted Stock Units. Each RSU represents a contingent right to receive one SunOpta common share. The RSUs vest in three equal annual installments beginning on April 11, 2026, subject to her continued employment, and do not have an expiration date.

Positive

  • None.

Negative

  • None.
Insider McNamara Lauren
Role SVP, Business Management
Type Security Shares Price Value
Exercise Restricted Stock Units 6,201 $0.00 --
Exercise Common Shares 6,201 $0.00 --
Tax Withholding Common Shares 2,828 $6.48 $18K
Holdings After Transaction: Restricted Stock Units — 12,401 shares (Direct); Common Shares — 134,897 shares (Direct)
Footnotes (1)
  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.
RSUs exercised 6,201 units Restricted Stock Units converted into common shares on April 11, 2026
Shares withheld for taxes 2,828 shares Common shares withheld to satisfy income tax withholding
Withholding price $6.48 per share Value used for tax-withholding share disposition
Common shares after transaction 132,069 shares Direct SunOpta common share holdings following transactions
RSUs remaining 12,401 units Restricted Stock Units held after the reported exercise
RSU vesting start date April 11, 2026 Three equal annual installments begin on this date
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.
tax withholding financial
"shares withheld by the Company to satisfy income tax withholding requirements in connection with the vesting of the RSUs"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
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.
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.
contingent right financial
"represents a contingent right to receive one share of STKL common stock"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
McNamara Lauren

(Last)(First)(Middle)
7078 SHADY OAK ROAD

(Street)
EDEN PRAIRIE MINNESOTA 55344

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SunOpta Inc. [ STKL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Business Management
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Shares04/11/2026M6,201A(1)134,897D
Common Shares04/11/2026F2,828(2)D$6.48132,069D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)04/11/2026M6,201 (3) (4)Common Shares6,201$0.0012,401D
Explanation of Responses:
1. Each Restricted Stock Unit represents a contingent right to receive one share of STKL common stock.
2. 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.
3. 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.
4. The Restricted Stock Units do not have an expiration date.
/s/ Brett Koch, attorney-in-fact04/14/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider equity transaction did SunOpta (STKL) report for Lauren McNamara?

SunOpta reported that SVP Lauren McNamara exercised 6,201 Restricted Stock Units into common shares. In connection with this vesting, 2,828 common shares were withheld by the company to satisfy income tax withholding obligations at a price of $6.48 per share.

How many SunOpta (STKL) shares does Lauren McNamara hold after this Form 4?

After the reported transactions, Lauren McNamara directly holds 132,069 SunOpta common shares. She also holds 12,401 Restricted Stock Units, each representing a contingent right to receive one additional common share, subject to vesting conditions tied to continued employment with the company.

How were taxes handled on Lauren McNamara’s SunOpta RSU vesting?

Taxes were covered through share withholding rather than a market sale. SunOpta withheld 2,828 common shares from Lauren McNamara at $6.48 per share to satisfy income tax withholding obligations arising from the vesting and exercise of 6,201 Restricted Stock Units.

What are the vesting terms of Lauren McNamara’s SunOpta Restricted Stock Units?

The Restricted Stock Units vest in three equal annual installments beginning on April 11, 2026. Vesting is conditioned on Lauren McNamara’s continued employment through each vesting date, and each vested RSU converts into one SunOpta common share when delivered.

Do Lauren McNamara’s SunOpta Restricted Stock Units 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 vesting over three annual installments starting April 11, 2026, and continued employment conditions.