Kline Corey 4

What Happened Corey Kline, EVP — Technology at NOODLES & Co (NDLS), surrendered 192 shares on 2026-03-14 to cover tax withholdings related to vested Restricted Stock Units (RSUs). The shares were valued at $6.11 each, totaling approximately $1,173. This was a tax-withholding share surrender (transaction code F), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-03-14; Filing date (Form 4): 2026-03-17 (appears timely within the required reporting window).
• Price per share: $6.11; Shares surrendered/disposed: 192; Total value: ~$1,173.
• Shares owned after the transaction: not specified in the filing.
• Footnote: F1 — shares were surrendered to the issuer to pay required tax withholdings upon RSU vesting; valuation based on the closing stock price on the surrender date.
• Corporate action note: A 1-for-8 reverse stock split was effective 2026-02-18; all figures in the filing reflect the split.

Context This was a routine tax-withholding transaction tied to RSU vesting (a common administrative action) rather than a discretionary sale or purchase that might signal a view on the stock. For retail investors, such "surrenders for taxes" generally do not provide insight into insider sentiment.