Noodles & Co CEO Christina Joseph Surrenders 1,903 Shares for Taxes

What Happened Christina Joseph, CEO, President and Director of Noodles & Company (NDLS), surrendered 1,903 shares on August 31, 2026 to satisfy tax withholding related to the vesting of Restricted Stock Units (RSUs). The shares were valued at $14.36 each, yielding proceeds of $27,327, and were disposed as part of the tax-withholding process (transaction code F).

Key Details

• Transaction date: 2026-08-31; filing date: 2026-09-01 (appears timely).
• Shares surrendered/disposed: 1,903 at $14.36 per share; total value $27,327.
• Transaction type/code: F — shares surrendered to pay required tax withholdings upon RSU vesting.
• Footnote: Shares were valued based on the closing price of the issuer’s common stock on the date of surrender.
• Shares owned after transaction: not disclosed in this filing.

Context This was a routine tax-withholding transaction tied to RSU vesting (a common "cashless" surrender of shares) rather than an open-market sale or a discretionary investment decision. Such withholdings are administrative and do not, by themselves, indicate the insider’s market view.