Norman Paul T 4

What Happened

• Norman Paul T, a director of Jones Soda Co. (JSDA), was granted 242,425 restricted stock units (RSUs) in a derivative award. The grant is reported at $0.00 per unit (no cash paid) and represents a contingent right to receive common shares upon vesting. This is an award/compensation grant rather than an open-market purchase or sale.

Key Details

• Transaction reported on Form 4 filed July 16, 2026; the transaction line lists date July 15, 2026.
• Footnotes state the reporting person was granted 242,425 RSUs and describe vesting: 50% vest on July 31, 2026; 25% vest on September 30, 2026; and the remaining 25% vest on December 31, 2026.
• Footnote clarifies each RSU represents the contingent right to one share upon settlement.
• Grant recorded as a derivative award at $0.00 per RSU (no immediate value realized).
• Shares owned after the transaction are not specified in the summary provided here; see the original Form 4 filing for total holdings and any additional disclosures.
• Filing accession: 0001493152-26-033623.

Context

• RSUs are compensation awards that convert to actual shares only upon vesting; they do not indicate an immediate cash purchase or sale.
• Because this is a grant, it reflects director compensation and not necessarily a personal market-directional trade. Check the full Form 4 for any tax-withholding or settlement details.