SunOpta Inc. Amendment No. 3: The filing states that, pursuant to a Court Mandated Arrangement on 05/01/2026, 2786694 Alberta Ltd. purchased all Common Shares previously held by Leon G. Cooperman and other holders at $6.50 per share, the issuer was delisted from NASDAQ and became a privately-held company. As a result, Mr. Cooperman beneficially owns 0 Common Shares registered under Section 12, equal to 0.0% of the class based on 118,372,041 Common Shares outstanding as of March 10, 2026.
Positive
None.
Negative
None.
Insights
Cooperman exited public ownership after a court-approved transfer; company is now private.
The amendment clarifies beneficial ownership: following the Court Mandated Arrangement on 05/01/2026, all previously-held common shares were sold at $6.50 per share to 2786694 Alberta Ltd. and the issuer ceased trading on NASDAQ.
Timing and cash-flow recipients are explicit in the excerpt; subsequent disclosures or filings would be the source for any further operational or governance changes.
Key Figures
Transaction date:05/01/2026Price per share:$6.50Shares outstanding:118,372,041 shares+2 more
5 metrics
Transaction date05/01/2026Court Mandated Arrangement closing date
Price per share$6.50Purchase price paid by 2786694 Alberta Ltd.
Shares outstanding118,372,041 sharesOutstanding as of March 10, 2026
Cooperman beneficial ownership0 Common SharesPost-transaction beneficial holdings registered under Section 12
Percent of class0.0%Calculated based on outstanding shares as of March 10, 2026
Key Terms
Court Mandated Arrangement, beneficially owns, Section 12 of the Exchange Act, CUSIP
4 terms
Court Mandated Arrangementregulatory
"On May 1, 2026, pursuant to a court-approved statutory arrangement, 2786694 Alberta Ltd. purchased all Common Shares"
beneficially ownsfinancial
"As a result, Mr. Cooperman no longer beneficially owns any equity securities"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
Section 12 of the Exchange Actregulatory
"no equity securities of the Issuer registered under Section 12 of the Exchange Act"
CUSIPmarket
"Common Shares, no par value 8676EP108"
A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 3)
SunOpta Inc.
(Name of Issuer)
Common Shares, no par value
(Title of Class of Securities)
8676EP108
(CUSIP Number)
05/01/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
8676EP108
1
Names of Reporting Persons
Cooperman Leon G.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
0.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
SunOpta Inc.
(b)
Address of issuer's principal executive offices:
7087 Shady Oak Road, Eden Prairie, Minnesota, 55344
Item 2.
(a)
Name of person filing:
This statement is filed on behalf of Leon G. Cooperman ("Mr. Cooperman"). Mr. Cooperman is engaged in, among other activities, investing for his own account.
Mr. Cooperman is the Managing Member of Omega Associates, L.L.C. ("Associates"), a limited liability company organized under the laws of the State of Delaware. Associates is a private investment firm formed to invest in and act as general partner of investment partnerships or similar investment vehicles. Associates is the general partner of a limited partnership organized under the laws of Delaware known as Omega Capital Partners, L.P. ("Capital LP"), a private investment firm comprised of Cooperman family funds engaged in the purchase and sale of securities for investment for its own account.
On May 1, 2026, pursuant to a court-approved statutory arrangement, 2786694 Alberta Ltd. purchased all Common Shares beneficially owned by Mr. Cooperman and all other holders of the Issuer's Common Shares at a price of $6.50 per Common Share (the "Court Mandated Arrangement"). Following the sale of the Common Shares pursuant to the Court Mandated Arrangement, the Common Shares ceased to be listed or traded on NASDAQ, and the Issuer became a privately-held company. As a result, Mr. Cooperman no longer beneficially owns any equity securities of the Issuer registered under Section 12 of the Exchange Act.
(b)
Address or principal business office or, if none, residence:
Mr. Cooperman's principal business office address is St. Andrews Country Club, 7118 Melrose Castle Lane, Boca Raton, FL 33496.
(c)
Citizenship:
Mr. Cooperman is a United States citizen.
(d)
Title of class of securities:
Common Shares, no par value
(e)
CUSIP No.:
8676EP108
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by this item with respect to the Reporting Person is set forth in Rows 5 through 9 and 11 of the cover page to this Schedule 13G. Mr. Cooperman may be deemed the beneficial owner of 0 Common Shares held directly by Capital L.P., which constitute approximately 0.0% of the total number of Common Shares outstanding, calculated based on 118,372,041 Common Shares outstanding as of March 10, 2026, as reported in the Issuer's Definitive Proxy Statement filed with the Securities and Exchange Commission on March 18, 2026.
(b)
Percent of class:
0.0%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Cooperman Leon G.
Signature:
/s/ Edward Levy
Name/Title:
Edward Levy, Attorney-in-Fact
Date:
05/13/2026
Comments accompanying signature: Duly authorized under POA effective as of August 10, 2016 and filed on August 12, 2016.
What happened to Leon G. Cooperman's SunOpta (STKL) shares?
Mr. Cooperman sold all his SunOpta shares under a court-approved arrangement and now beneficially owns 0 shares. The sale occurred on 05/01/2026 at $6.50 per Common Share.
Who purchased the SunOpta shares and at what price?
2786694 Alberta Ltd. purchased all Common Shares pursuant to the court-arranged transaction at $6.50 per Common Share on 05/01/2026, as stated in the amendment.
Is SunOpta still listed on NASDAQ after the transaction?
No. The amendment states that after the sale under the Court Mandated Arrangement the Common Shares ceased to be listed or traded on NASDAQ and the issuer became a privately-held company.
What percent of SunOpta did Cooperman hold before the sale?
The filing reports Mr. Cooperman's post-transaction ownership as 0.0% based on 118,372,041 Common Shares outstanding as of March 10, 2026; any pre-sale percentage is not stated in this excerpt.
Does the amendment show any remaining Section 12-registered holdings by Cooperman?
No. The amendment explicitly states Mr. Cooperman no longer beneficially owns any equity securities of the issuer registered under Section 12 of the Exchange Act following the transaction.
