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Jones Soda Co. (JSDA) grants director 242,425 RSUs vesting through 2026

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Jones Soda Co. director Gregg Reichman reported a compensation-related acquisition of 242,425 Restricted Stock Units (RSUs) on July 15, 2026. Each RSU represents a contingent right to receive one share of common stock. The award is scheduled to vest 50% on July 31, 2026, 25% on September 30, 2026, and 25% on December 31, 2026, with 242,425 RSUs held directly after the grant.

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Insider Reichman Gregg
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, 2026, 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 Restricted Stock Units granted to director on July 15, 2026
Transaction price per RSU 0.0000 Equity grant with no cash price per unit
RSUs held after grant 242,425 units Total Restricted Stock Units held directly following the reported award
Initial vesting tranche 50% Portion of RSUs scheduled to vest into shares on July 31, 2026
Second vesting tranche 25% Portion of RSUs scheduled to vest into shares on September 30, 2026
Final vesting tranche 25% Portion of RSUs scheduled to vest into shares on December 31, 2026
Restricted Stock Units financial
"Each restricted stock unit (RSU) represents a contingent right to receive one 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 share of the issuer's common stock"
vest into shares financial
"50% are scheduled to vest into shares on July 31, 2026"

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FAQ

What insider transaction did Gregg Reichman report at Jones Soda (JSDA)?

Gregg Reichman, a director of Jones Soda Co., reported receiving a grant of 242,425 Restricted Stock Units (RSUs) on July 15, 2026. This is a compensation award, not an open-market purchase or sale of existing shares.

How many RSUs did Gregg Reichman receive from Jones Soda (JSDA) and what do they represent?

Reichman received 242,425 RSUs. Each restricted stock unit represents a contingent right to receive one share of Jones Soda common stock upon settlement, meaning actual shares are issued only as the RSUs vest.

What is the vesting schedule for Gregg Reichman’s 242,425 Jones Soda (JSDA) RSUs?

The 242,425 RSUs vest in three tranches during 2026: 50% on July 31, 25% on September 30, and 25% on December 31. On each vesting date, he receives shares equal to the RSUs that vest.

Did Gregg Reichman buy or sell Jones Soda (JSDA) shares for cash in this transaction?

No cash purchase or sale occurred. The Form 4 reports a grant of RSUs at $0.0000 per unit, reflecting equity compensation rather than an open-market trade, so there is no disclosed market transaction price or proceeds.

How many Jones Soda (JSDA) RSUs does Gregg Reichman hold after this award?

Following the reported award, Reichman holds 242,425 Restricted Stock Units directly. These units will convert into shares of Jones Soda common stock only as they vest according to the 2026 vesting schedule described in the grant terms.

When will Gregg Reichman receive Jones Soda (JSDA) common shares from this RSU grant?

Reichman receives common shares only upon vesting. 50% of the RSUs are scheduled to settle into shares on July 31, 2026, with 25% settling on September 30 and the final 25% on December 31, 2026.
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*
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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026
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
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, 2026, 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 Gregg Reichman07/16/2026
** 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)