Duchscher Robert 4

What Happened

• Robert Duchscher, Chief Investment Officer of SunOpta Inc. (STKL), had 14,610 Performance Stock Units (PSUs) convert into 14,610 shares on March 24, 2026. The company withheld 7,231 of those shares to satisfy income tax withholding obligations at $6.47 per share, totaling $46,785. Net shares delivered to Duchscher were 7,379.
• This was a vesting/conversion of awarded PSUs (an award event), not an open-market purchase or discretionary sale; the withholding is a routine tax-related disposition.

Key Details

• Transaction date: March 24, 2026; Form 4 filed March 26, 2026 (timely filing).
• Conversion: 14,610 PSUs converted into 14,610 shares (reported as derivative exercise/conversion, code M).
• Tax withholding: 7,231 shares withheld (code F) at $6.47/share = $46,785.
• Net shares received: 14,610 − 7,231 = 7,379 shares.
• Footnotes: F1 = each PSU converts to one common share; F2 = shares were withheld by the company to satisfy income tax withholding on vesting.
• Shares owned after transaction: not specified in the provided filing excerpt.

Context

• This was a vesting/conversion of performance awards. The withholding of shares to cover taxes is a common "sell-to-cover" or share-withholding mechanism and is routine; it does not by itself indicate the insider’s view of the stock.
• Derivative reporting: the conversion of PSUs is reported under exercise/conversion of derivative (M); the tax withholding is reported separately as a disposition (F).