Taylor Shawn A 4
4 · NOODLES & Co · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
NOODLES & Co (NDLS) Director Shawn Taylor Receives RSU Award
What Happened Shawn A. Taylor, a director of NOODLES & Co (NDLS), was granted/received 7,103 restricted stock units (RSUs) that settled into common shares on May 15, 2026. The RSUs were recorded at $0.00 per share on the Form 4 (transaction code A for award), with a notional grant value calculated at $12.67 per share — roughly $89,995 (~$90k).
Key Details
- Transaction date: May 15, 2026; reported on Form 4 filed May 19, 2026.
- Transaction type/code: Award/Grant (A). Price shown: $0.00; number of shares acquired: 7,103.
- Notional value: 7,103 × $12.67 = ~$89,995 (per footnote disclosure).
- Shares owned after transaction: Not specified in the filing.
- Footnote: Director fees are paid in RSUs annually; RSUs settle into common stock on the grant date (footnote F1).
- Filing timeliness: Filed May 19, 2026 — appears timely (within the 2-business-day Form 4 reporting window).
Context This was a routine director compensation award (RSUs) rather than an open-market purchase or sale. RSU awards are common as part of board pay and do not by themselves indicate a change in the director’s market view. The award settled to shares immediately per the filing.
Insider Transaction Report
Form 4
NOODLES & CoNDLS
Taylor Shawn A
Director
Transactions
- Award
Class A Common Stock
[F1]2026-05-15+7,103→ 22,238 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.
Signature
/s/ Kathryn Lockhart, attorney in fact|2026-05-19