STOCK TITAN

Jones Soda (JSDA) grants 242,425 RSUs to board director Norman Paul

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Norman Paul T reported acquisition or exercise transactions in this Form 4 filing.

Jones Soda Co. director Norman Paul T received a grant of 242,425 restricted stock units (RSUs). Each RSU represents one share of common stock upon settlement; 50% are scheduled to vest on July 31, 2026, 25% on September 30, 2026, and 25% on December 31, 2026, with 242,425 RSUs reported as directly held after the award.

Positive

  • None.

Negative

  • None.
Insider Norman Paul T
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units 242,425 $0.00 --
Holdings After Transaction: Restricted Stock Units — 242,425 shares (Direct)
Footnotes (1)
  1. Each restricted stock unit ("RSU") represents a contingent right to receive one (1) share of the issuer's common stock upon settlement. On July 15, 2025, the reporting person was granted 242,425 RSUs, of which 50% are scheduled to vest 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.
RSUs granted 242,425 units Grant of restricted stock units to director Norman Paul T
Grant price per RSU $0.0000 per unit Reported transaction price per restricted stock unit
RSUs held after grant 242,425 units Total restricted stock units directly held following the award
Initial vesting portion 50% Portion of RSUs scheduled to vest on July 31, 2026
Second vesting portion 25% Portion scheduled to vest on September 30, 2026
Final vesting portion 25% Portion scheduled to vest on December 31, 2026
RSU-to-share ratio 1 share per RSU Each RSU represents one share of common stock upon settlement
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one (1) share"
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.
contingent right financial
"represents a contingent right to receive one (1) share of the issuer's common stock"
vest into shares financial
"50% are scheduled to vest into shares on July 31, 2026, an additional 25% on September 30, 2026"

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

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FAQ

What insider transaction did JONES SODA CO. (JSDA) report for Norman Paul T?

Norman Paul T, a director of Jones Soda Co., was granted 242,425 restricted stock units (RSUs). The RSUs are equity compensation and not an open-market share purchase, and each unit can settle into one share of common stock when it vests.

How many restricted stock units were granted in the latest JSDA Form 4?

The filing reports a grant of 242,425 restricted stock units to director Norman Paul T. These RSUs are scheduled to vest in stages during 2026, and all 242,425 units are shown as directly held following the reported award.

What is the vesting schedule for the 242,425 RSUs reported by JSDA?

According to the disclosure, 50% of the 242,425 RSUs vest on July 31, 2026, 25% on September 30, 2026, and the remaining 25% on December 31, 2026. Shares of common stock are delivered as each tranche vests.

What does each restricted stock unit represent in the JSDA Form 4 grant?

Each RSU represents a contingent right to receive one share of Jones Soda Co. common stock. Upon settlement at vesting, the reporting person receives common shares equal to the number of RSUs that vest on that date.

Did Jones Soda Co. director Norman Paul T buy or sell JSDA shares on the market?

The reported activity is a grant of restricted stock units, not a market purchase or sale of JSDA shares. It reflects equity compensation awarded by the company, with no open-market trading disclosed in this Form 4.

What is Norman Paul T’s reported holding after the JSDA RSU grant?

After the grant, the Form 4 shows 242,425 RSUs directly held by Norman Paul T. These units convert into common stock only as they vest according to the 2026 vesting schedule described in the disclosure.
SEC Form 4
FORM 4UNITED 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*
Norman Paul T

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/18/2025
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)07/15/2026A242,425 (2) (2)Common Stock242,425$0242,425D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one (1) share of the issuer's common stock upon settlement.
2. On July 15, 2025, the reporting person was granted 242,425 RSUs, of which 50% are scheduled to vest 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 Paul Norman07/16/2026
** Signature of Reporting PersonDate
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)