Jones Soda (JSDA) CFO Brian Meadows Buys 303,030 Shares

What Happened
Brian Meadows, Chief Financial Officer of Jones Soda Co. (JSDA), participated in a private placement on August 6, 2026, acquiring 303,030 Units for $0.33 per Unit (total cash ≈ $100,000). Each Unit included one share of common stock plus one-half of a warrant; the filing also reports 151,515 derivative securities (the one-half warrants). The purchase is a cash investment (a buy), not a sale.

Key Details

• Transaction date: August 6, 2026; Form 4 filed August 7, 2026 (appears timely).
• Securities acquired: 303,030 Units = 303,030 common shares; plus 151,515 warrants (derivative).
• Price paid: $0.33 per Unit; total cash paid ≈ $99,999.90 (~$100K).
• Warrant terms: each whole warrant entitles holder to buy 1 share at $0.45; warrants exercisable for 36 months from Aug 6, 2026; issuer may accelerate expiration under specified conditions. (See footnotes F1 & F2.)
• Shares owned after the transaction: not specified in the provided filing.

Context
The derivative line reflects warrants—rights to buy future shares at $0.45—rather than immediate additional shares. This filing documents a private placement purchase (code P). It is factual disclosure of the insider's investment; it does not state the insider's motivation.