Jones Soda director converts 121,213 RSUs to stock

Jones Soda director Gregg Reichman reported the vesting and conversion of 121,213 restricted stock units into an equal number of common shares on July 31, 2026.

Accepted by SEC EDGAR 08/04/2026 - 06:27 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Jones Soda director Gregg Reichman reported the vesting and conversion of 121,213 restricted stock units into an equal number of common shares on July 31, 2026. The RSUs required no cash payment on vesting. Following the transaction, he directly holds 1,997,882 common shares and 121,212 RSUs from this grant, with the remaining units scheduled to vest later in 2026.

Insider Trade Summary

121,213 shares exercised/converted

Exercise 2 txns

Insider Reichman Gregg

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F2, F3	121,213	$0.00	$0.00
Exercise	Common Stock F1	121,213	--	--

Holdings After Transaction: Restricted Stock Units — 121,212 units (Direct); Common Stock — 1,997,882 shares (Direct)

Footnotes (3)

1. F1. Restricted stock units ("RSUs") converted into shares of the issuer's common stock on a one-for-one basis on the vesting date. RSUs do not require the holder to pay any consideration on vesting.
2. F2. Each RSU represents a contingent right to receive one (1) share of the issuer's common stock upon settlement.
3. F3. On July 15, 2026, the reporting person was granted 242,425 RSUs, of which 50% vested into shares on July 31, 2026, an additional 25% are scheduled to vest into shares on September 30, 2026, and the remaining 25% are scheduled to vest into shares on December 31, 2026. Upon vesting, the reporting person will receive a number of shares of the issuer's common stock equal to the number of RSUs that vest on that date.

Key Figures

RSUs converted to common stock: 121,213 shares Common stock held after vesting: 1,997,882 shares RSUs remaining after conversion: 121,212 units +2 more

5 metrics

RSUs converted to common stock 121,213 shares Restricted stock units vested and converted on July 31, 2026

Common stock held after vesting 1,997,882 shares Direct common stock ownership following the July 31, 2026 transaction

RSUs remaining after conversion 121,212 units Restricted stock units outstanding after July 31, 2026 vesting

RSUs granted July 15, 2026 242,425 units Grant to Gregg Reichman with vesting through December 31, 2026

Initial vesting portion of RSU grant 50% Portion of July 15, 2026 RSU grant that vested on July 31, 2026

Key Terms

Restricted stock units, vesting date, contingent right, settlement

4 terms

Restricted stock units financial

"Restricted stock units ("RSUs") converted into shares of the issuer's common stock"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

vesting date financial

"converted into shares of the issuer's common stock on the vesting date."

contingent right financial

"Each RSU represents a contingent right to receive one (1) share"

settlement financial

"one (1) share of the issuer's common stock upon settlement."

Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider equity transaction did Gregg Reichman report for JSDA?

Director Gregg Reichman reported the vesting and conversion of 121,213 restricted stock units into the same number of common shares on July 31, 2026. These RSUs required no cash payment, reflecting equity compensation rather than an open-market purchase or sale.

How many Jones Soda (JSDA) shares does Gregg Reichman hold after this transaction?

After the July 31, 2026 RSU vesting, Reichman holds 1,997,882 shares of Jones Soda common stock directly. This reflects shares received from the vested RSUs plus his prior holdings, as reported in the ownership line following the transaction.

How many restricted stock units remain for Gregg Reichman at Jones Soda (JSDA)?

Following the July 31, 2026 vesting, Reichman has 121,212 restricted stock units remaining from this grant. These RSUs are scheduled to vest in two additional tranches later in 2026, converting into an equal number of common shares upon vesting.

What was the size and structure of Gregg Reichman’s RSU grant at JSDA in 2026?

On July 15, 2026, Reichman was granted 242,425 restricted stock units. 50% vested into shares on July 31, 2026, while an additional 25% are scheduled to vest on September 30, 2026 and the remaining 25% on December 31, 2026.

Did Gregg Reichman pay cash to receive the vested JSDA shares?

No cash payment was required for these shares; the RSUs convert into common stock at vesting without consideration. This structure reflects typical equity compensation, where value is delivered through share issuance rather than employee cash outlay.

Was Gregg Reichman’s JSDA transaction reported under a Rule 10b5-1 trading plan?

The document-level Rule 10b5-1 checkbox was not selected. The reported activity reflects RSU vesting and share issuance, and there is no indication in the disclosure that these transactions were executed pursuant to an affirmed Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Reichman Gregg

(Last) (First) (Middle)

1522 WESTERN AVE., SUITE 24150

(Street)

SEATTLE WASHINGTON 98101

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
JONES SODA CO. [ JSDA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/31/2026		M		121,213	A	(1)	1,997,882	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	07/31/2026		M			121,213	(3)	(3)	Common Stock	121,213	$0	121,212	D

Explanation of Responses:

1. Restricted stock units ("RSUs") converted into shares of the issuer's common stock on a one-for-one basis on the vesting date. RSUs do not require the holder to pay any consideration on vesting.

2. Each RSU represents a contingent right to receive one (1) share of the issuer's common stock upon settlement.

3. On July 15, 2026, the reporting person was granted 242,425 RSUs, of which 50% vested into shares on July 31, 2026, an additional 25% are scheduled to vest into shares on September 30, 2026, and the remaining 25% are scheduled to vest into shares on December 31, 2026. Upon vesting, the reporting person will receive a number of shares of the issuer's common stock equal to the number of RSUs that vest on that date.

	/s/ Brian Meadows, Attorney-in-Fact for Gregg Reichman	08/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)