Coleman Christopher L. 4

What Happened

• Christopher L. Coleman, a director of Papa John's International, was granted 7,041 restricted stock units (RSUs) on 2026-05-11. The award is reported as an acquisition with a $0.00 per-share price (no cash paid); the reported acquisition value is $0. These RSUs are a compensatory equity award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-11; Form 4 filed: 2026-05-13 (appears timely).
• Transaction type/code: Award/Grant (A) — 7,041 RSUs @ $0.00; reported acquisition value $0.
• Shares owned after transaction: Not specified in the supplied filing details.
• Vesting conditions (footnote): RSUs vest in full on the earlier of (i) the first anniversary of the grant or (ii) the Company's 2027 annual meeting, provided continuous service on the Board; may vest earlier on death or disability; prorated vesting if service terminates for other reasons.
• No tax-withholding or sale-on-vesting details were provided in the supplied filing.

Context

• RSU grants are compensatory and do not represent an immediate market purchase or sale; they convert to shares only upon vesting and may be subject to forfeiture if service ends. Such awards reflect director compensation practices rather than direct trading sentiment.