STOCK TITAN

Noble Romans director buys 5,556 shares

A Noble Romans director acquired 5,556 shares, increasing his direct holdings to 320,000 shares.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

NOBLE ROMANS INC (NROM) director Douglas Harold Coape-Arnold reported acquiring 5,556 Noble Roman's Inc. common shares on August 27, 2026 at $0.683 per share. Following this transaction, he directly holds 320,000 shares. No Rule 10b5-1 trading plan is indicated for this transaction.

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Negative

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Insider Coape-Arnold Douglas Harold
Role Director
Sold 5,556 shs ($4K)
Type Security Shares Price Value
Sale Noble Roman's Inc. Common Shares 5,556 $0.683 $4K
Holdings After Transaction: Noble Roman's Inc. Common Shares — 320,000 shares (Direct)
Shares acquired 5,556 shares Non-derivative common shares reported for August 27, 2026
Price per share $0.683 per share Transaction price for Noble Roman's Inc. common shares
Shares held after transaction 320,000 shares Direct ownership following the August 27, 2026 trade
Number of transactions 1 transaction Non-derivative transaction reported on this Form 4
Rule 10b5-1 plan regulatory
"No Rule 10b5-1 trading plan is indicated for this transaction"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
open market market
"Sale in open market or private transaction"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
private transaction market
"Sale in open market or private transaction"
A private transaction is the sale or transfer of securities, assets, or ownership stakes carried out directly between a small number of parties rather than on a public exchange. For investors it matters because these deals are less visible and often less liquid than public trades, so pricing can be harder to verify, the investment can be harder to sell quickly, and buyers or sellers may gain strategic advantages not available in open markets — like negotiated terms similar to a private garage sale versus a crowded marketplace.

FAQ

What insider transaction did NROM report on August 27, 2026?

Noble Romans (NROM) reported that director Douglas Harold Coape-Arnold acquired 5,556 common shares on August 27, 2026 at a price of $0.683 per share, according to the Form 4 filing.

How many NROM shares does the director hold after this Form 4 transaction?

After the reported transaction, director Douglas Harold Coape-Arnold directly holds 320,000 Noble Roman's Inc. common shares, as disclosed in the Form 4 filing.

Was the recent NROM insider trade made under a Rule 10b5-1 plan?

No. The filing indicates that the Rule 10b5-1 checkbox is not affirmed, and there is no footnote stating the transaction was executed under a Rule 10b5-1 trading plan.

What price per share was paid in the latest NROM insider trade?

The Form 4 reports that the director’s transaction in Noble Romans (NROM) common shares on August 27, 2026 occurred at $0.683 per share.

What role does the reporting person have at NROM?

The reporting person, Douglas Harold Coape-Arnold, is identified in the filing as a director of Noble Romans Inc. He is not listed as an officer or ten percent owner in this Form 4.

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

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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*
Coape-Arnold Douglas Harold

(Last)(First)(Middle)
1000 POST ROAD

(Street)
SCARSDALE NEW YORK 10583

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
NOBLE ROMANS INC [ NROM ]
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)
09/03/2026
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
Noble Roman's Inc. Common Shares08/27/202608/27/2026S5,556A$0.683320,000D
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
Explanation of Responses:
Douglas H. Coape-Arnold09/03/2026
** 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)