Christina Joseph 4

What Happened

• Christina Joseph, CEO, President and Director of Noodles & Co (NDLS), surrendered 1,483 shares on Feb 24, 2026 to satisfy tax withholdings due upon vesting of restricted stock units (RSUs). The shares were valued at the closing price of $5.34 each, for a total of approximately $7,919. This was a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date: 2026-02-24; filing dated 2026-02-26 (appears timely under Form 4 two-business-day rule).
• Price/value: $5.34 per share; total value ~$7,919.
• Transaction code: F — shares surrendered to the issuer to pay required tax withholdings on vested RSUs (per footnote).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Corporate action note: A 1-for-8 reverse stock split was implemented on Feb 18, 2026; all figures in the filing reflect the reverse split.

Context

• This is a routine tax-withholding event common when RSUs vest; surrendered shares are used to satisfy tax obligations and do not necessarily indicate a buy/sell signal about the executive’s view of the stock. The filing shows a disposition for tax purposes rather than an open-market sale.