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Jones Soda Co. (JSDA) director gains 121,213 shares as RSUs vest

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Jones Soda Co. director Norman Paul T reported the vesting and conversion of 121,213 restricted stock units into the same number of common shares on July 31, 2026. The RSUs converted on a one-for-one basis at no cost, increasing his direct common stock holdings to 3,027,763 shares, with 121,212 RSUs remaining scheduled to vest later in 2026.

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Insider Norman Paul T
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 shares (Direct); Common Stock — 3,027,763 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.
RSUs vested and converted 121,213 RSUs/shares Restricted stock units converted into common stock on July 31, 2026
Common stock holdings after transaction 3,027,763 shares Direct Jones Soda common shares held by Norman Paul T after July 31, 2026
RSUs granted 242,425 RSUs Grant to Norman Paul T on July 15, 2026
Unvested RSUs remaining 121,212 RSUs RSUs outstanding after 50% vested on July 31, 2026
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
"RSUs converted into shares of common stock on a one-for-one basis on the vesting date"
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock"

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FAQ

What insider transaction did Jones Soda (JSDA) report for Norman Paul T?

Norman Paul T reported the vesting and conversion of 121,213 restricted stock units into the same number of Jones Soda common shares on July 31, 2026. The RSUs converted on a one-for-one basis at no cost, raising his direct holdings to 3,027,763 shares.

How many Jones Soda (JSDA) shares does Norman Paul T own after this Form 4?

After the July 31, 2026 RSU vesting, Norman Paul T directly owns 3,027,763 shares of Jones Soda common stock. These shares include the 121,213 shares received from vested RSUs, as reported in the Form 4 insider transaction.

What RSU grant and vesting schedule is disclosed for Jones Soda (JSDA)?

On July 15, 2026, Norman Paul T was granted 242,425 RSUs. Footnotes state 50% vested into shares on July 31, 2026, an additional 25% are scheduled to vest on September 30, 2026, and the remaining 25% on December 31, 2026, all on a one-for-one share basis.

Did the reported Jones Soda (JSDA) Form 4 involve an open-market sale or purchase?

The Form 4 shows RSU vesting and conversion, not an open-market sale or purchase. Code M transactions converted 121,213 RSUs into common shares at no cost, and there are no reported open-market buy (P) or sell (S) transactions in this filing.

How many Jones Soda (JSDA) RSUs remain unvested for Norman Paul T?

After 50% of the 242,425 RSUs vested on July 31, 2026, 121,212 RSUs remain outstanding. Footnotes indicate these are scheduled to vest in two tranches: 25% on September 30, 2026 and 25% on December 31, 2026, each settling in common shares.
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)
07/31/2026
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
Common Stock07/31/2026M121,213A(1)3,027,763D
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(2)07/31/2026M121,213 (3) (3)Common Stock121,213$0121,212D
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 Paul Norman08/04/2026
** 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)