Noodles & Co CEO surrenders 1,903 shares for taxes
NOODLES & Co (NDLS) director and CEO/President Christina Joseph reported a Form 4 transaction involving company stock.
Rhea-AI Filing Summary
NOODLES & Co (NDLS) director and CEO/President Christina Joseph reported a Form 4 transaction involving company stock. On 2026-08-31, she surrendered 1,903 shares of Class A Common Stock to the issuer to satisfy tax withholdings due upon vesting of Restricted Stock Units, at a value based on the $14.36 closing price that day. After this tax-related disposition, she directly holds 80,223 shares of NDLS common stock.
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Insider Trade Summary
Tax Withholding: 1,903 shares
Tax Withholding
1 txn
Insider
Christina Joseph
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 1,903 | $14.36 | $27K |
Holdings After Transaction:
Class A Common Stock — 80,223 shares (Direct)
Footnotes (1)
- F1. Represents shares surrendered to the Issuer by the Reporting Person to pay required tax withholdings due upon vesting of Restricted Stock Units. The shares surrendered were valued based on the closing price of the common stock of the Issuer on the date of surrender.
Key Figures
Shares surrendered: 1,903 shares of Class A Common Stock
Valuation price per share: $14.36 per share
Shares held after transaction: 80,223 shares
3 metrics
Shares surrendered
1,903 shares of Class A Common Stock
Surrendered on 2026-08-31 to pay tax withholdings on RSU vesting
Valuation price per share
$14.36 per share
Closing price on 2026-08-31 used to value surrendered shares
Shares held after transaction
80,223 shares
Direct holdings of Christina Joseph after the tax-withholding disposition
Key Terms
Restricted Stock Units, tax withholdings, Class A Common Stock
3 terms
Restricted Stock Units financial
"due upon vesting of Restricted Stock Units. The shares surrendered"
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.
tax withholdings financial
"surrendered to the Issuer by the Reporting Person to pay required tax withholdings"
Class A Common Stock financial
"security_title": "Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did NDLS CEO Christina Joseph report on this Form 4?
Christina Joseph reported surrendering 1,903 NDLS shares of Class A Common Stock on 2026-08-31 to NOODLES & Co to cover tax withholdings due upon vesting of Restricted Stock Units, valued using the $14.36 closing price that day.
Was the NDLS insider transaction a market sale or a tax withholding event?
The Form 4 shows a tax withholding event, not an open-market sale. 1,903 shares were surrendered to NOODLES & Co to pay required tax withholdings upon RSU vesting, coded as an F transaction.
What does transaction code F mean in the NDLS Form 4 filing?
In this NDLS Form 4, transaction code F denotes payment of tax liability by delivering or withholding securities. The filing explains that 1,903 shares were surrendered to satisfy required tax withholdings upon vesting of Restricted Stock Units.
AI-generated analysis. How Rhea-AI works. Not financial advice.