JONES JEFFREY W 4
4 · NOODLES & Co · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
NOODLES & Co Director Jeffrey W. Jones Receives RSU Award
What Happened Jeffrey W. Jones, a director of NOODLES & Co (NDLS), received an award of 10,655 restricted stock units (RSUs) on 2026-05-15. The Form 4 reports the acquisition at $0.00 (award), with the company using a notional price of $12.67 to value the grant at $134,998.85. The RSUs settled into common stock on the grant date as part of his director compensation — this is a compensation award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-15; Form 4 filed: 2026-05-19.
- Transaction type/code: Award/Grant (A); acquisition price reported as $0.00.
- Shares awarded: 10,655 RSUs; notional valuation: $12.67 per share → $134,998.85 total.
- Shares owned after the transaction: not specified in the provided filing details.
- Footnote: Director fees are partly paid in RSUs annually; RSUs settle in common stock on grant.
- No indication in this filing of a 10b5-1 plan, sale, or tax-withholding transactions.
Context This was a routine director compensation grant (RSUs) rather than a market purchase or sale. Such awards are standard for non-employee directors and do not, on their own, signal buying or selling intent in the open market. Purchases or sales by insiders are often more informative about personal views on the stock; awards primarily reflect pay structure.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-05-15+10,655→ 40,706 total
Footnotes (1)
- [F1]The Reporting Person is a director of the Issuer and receives a portion of their director fee in the form of Restricted Stock Units ("RSU's"). Pursuant to this arrangement, on an annual basis, RSU's with a value equal to the fees payable, calculated using a notional price of $12.67 for this grant, are delivered to each eligible director. The RSU's settle in common stock on the date of grant.