Noodles & Company (NDLS) investors approve directors, say-on-pay and auditor
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Noodles & Company reported the results of its annual meeting of stockholders held on May 13, 2026. As of the March 18, 2026 record date, 5,888,223 shares of Class A common stock were outstanding and entitled to vote, with no Class B shares outstanding.
Shareholders re-elected Joseph Christina and elected Thomas Lynch as Class I directors. They also approved, on an advisory non-binding basis, the compensation of named executive officers and ratified Grant Thornton LLP as independent registered public accounting firm for the year ending December 29, 2026.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Shares entitled to vote: 5,888,223 shares
Votes for Joseph Christina: 3,141,179 votes
Votes for Thomas Lynch: 3,087,706 votes
+3 more
6 metrics
Shares entitled to vote
5,888,223 shares
Class A common stock as of March 18, 2026 record date
Votes for Joseph Christina
3,141,179 votes
Election as Class I director at 2026 annual meeting
Votes for Thomas Lynch
3,087,706 votes
Election as Class I director at 2026 annual meeting
Say-on-pay votes for
3,126,675 votes
Advisory approval of named executive officer compensation
Say-on-pay votes against
17,294 votes
Advisory approval of named executive officer compensation
Auditor ratification votes for
3,945,746 votes
Ratification of Grant Thornton LLP for year ending December 29, 2026
Key Terms
advisory (non-binding) basis, independent registered public accounting firm, broker non-votes, Class I director
4 terms
advisory (non-binding) basis financial
"approval, on an advisory (non-binding) basis, of the compensation of our named executive officers"
independent registered public accounting firm financial
"ratification of the appointment of Grant Thornton LLP as our independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
broker non-votes financial
"Votes For | Votes Withheld | Broker Non-Votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
Class I director financial
"The following individuals were elected as Class I directors, each to serve for three years"
A class I director is a member of a company’s board who belongs to one of several groups whose terms expire in a specified year under a staggered election system; each class is elected on a different cycle so only a portion of the board faces re-election each year. This matters to investors because it affects how quickly control of the board can change, the company’s continuity and oversight, and the ease of mounting or defending against takeover efforts—think of a team where only some players are replaced each season rather than the whole roster at once.
FAQ
Which directors were elected at Noodles & Company’s 2026 annual meeting?
Shareholders elected two Class I directors. Joseph Christina received 3,141,179 votes for and 4,805 votes withheld, while Thomas Lynch received 3,087,706 votes for and 58,278 votes withheld, with 803,375 broker non-votes for each director election item on the ballot.
Who is Noodles & Company’s independent auditor for the year ending December 29, 2026?
Grant Thornton LLP was ratified as Noodles & Company’s independent registered public accounting firm for the year ending December 29, 2026. The ratification received 3,945,746 votes for, 3,004 votes against, and 609 abstentions, with no broker non-votes reported for this proposal.
What change occurred to Thomas Lynch’s board classification at Noodles & Company (NDLS)?
Thomas Lynch resigned as a Class III director contingent on his election as a Class I director, which shareholders approved. This move supported rebalancing the board’s classified structure after two incumbent Class I directors chose not to stand for reelection, and Lynch’s board service continued without interruption.