Insider Sale: SunOpta Officer Reduces Stake to 11,322 Shares

Rhea-AI Filing Summary

Robert Duchscher, Chief Information Officer of SunOpta Inc. (STKL), reported an insider transaction on Form 4. The filing shows a sale of 47,500 common shares on 08/11/2025 at a weighted-average price of $6.2204. Following the reported transaction, the reporting person directly beneficially owned 11,322 shares. The Form 4 was signed by an attorney-in-fact, Chris McCullough, on 08/12/2025.

A footnote states the reported price is a weighted average and that purchases were made at prices ranging from $6.0900 to $6.2950; the reporting person offers to provide a breakdown of the number of shares sold at each price upon request.

Positive

• Transparent disclosure of transaction date, quantity sold, weighted-average price, and post-transaction beneficial ownership
• Footnote clarification stating the weighted-average price and providing a price range ($6.0900 to $6.2950) with an offer to supply a transaction-level breakdown on request

Negative

• Insider disposition of 47,500 shares reduces the reporting person's direct stake to 11,322 shares
• Potential ambiguity between the sale code and the footnote language describing purchases could require clarification from the filer

Insights

Corporate Governance Expert

TL;DR: Officer sale of 47,500 shares reported; disclosure provides post-transaction holdings and price detail.

The filing documents a direct sale by the Chief Information Officer of 47,500 SunOpta common shares at a reported weighted-average price of $6.2204, leaving direct beneficial ownership of 11,322 shares. The submission includes a footnote describing the weighted-average calculation and an offered breakdown of trades. From a governance standpoint, the Form 4 provides the standard transparency investors expect for Section 16 officers. The presence of an attorney-in-fact signature is a routine filing practice and is explicitly shown.

Securities Analyst

TL;DR: Insider sale disclosed; transaction size and remaining stake are clearly reported, implying routine disposition.

The report lists a sale on 08/11/2025 totaling 47,500 shares at a weighted-average price of $6.2204 and shows 11,322 shares held directly after the sale. The footnote clarifies price dispersion between $6.0900 and $6.2950 and offers further breakdown upon request. For investors, the material facts—transaction date, quantity sold, weighted-average price, and post-sale ownership—are all provided, enabling independent assessment without additional assumptions.

SEC Form 4

FORM 4

UNITED 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^*

Duchscher Robert

(Last) (First) (Middle)

7078 SHADY OAK ROAD

(Street)

EDEN PRAIRIE MN 55344

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SunOpta Inc. [ STKL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Information Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/11/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Shares	08/11/2025		S		47,500	D	$6.2204(1)	11,322	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.0900 to $6.2950, inclusive. The reporting person undertakes to provide to SunOpta Inc., any security holder of SunOpta Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) to this Form 4.

	/s/ Chris McCullough, attorney-in-fact	08/12/2025
	** Signature of Reporting Person	Date
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.

FAQ

What transaction did Robert Duchscher report on Form 4 for SunOpta (STKL)?

The Form 4 reports a sale of 47,500 common shares on 08/11/2025 with a weighted-average price of $6.2204.

How many SunOpta shares does the reporting person own after the transaction?

Following the reported transaction, the reporting person directly beneficially owned 11,322 shares.

What is Robert Duchscher's role at SunOpta?

The filing lists the reporting person as an Officer with the title Chief Information Officer.

When was the Form 4 signed and by whom?

The form is signed by Chris McCullough, attorney-in-fact, on 08/12/2025.

What does the footnote on the Form 4 say about the transaction price?

The footnote states the reported price is a weighted average and that trades occurred at prices ranging from $6.0900 to $6.2950; the filer will provide detailed breakdowns upon request.

Who is the issuer named on the Form 4?

The issuer is SunOpta Inc. (STKL).