Papa John’s director granted 7,041 RSUs

Coleman Christopher L. reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Coleman Christopher L. reported acquisition or exercise transactions in this Form 4 filing.

Papa John’s International director Christopher L. Coleman received an equity award of 7,041 shares of common stock in the form of restricted stock units. These units vest in full on the earlier of the first anniversary of the grant date or the company’s 2027 annual meeting of stockholders, subject to his continuous Board service, with prorated vesting if service ends earlier for reasons other than death or disability. Following this grant, he holds 48,808 shares directly.

Insider Trade Summary

Grant/Award: 7,041 shares

Grant/Award 1 txn

Insider Coleman Christopher L.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	7,041	$0.00	$0.00

Holdings After Transaction: Common Stock — 48,808 shares (Direct)

Footnotes (1)

1. F1. Grant of restricted stock units which become fully vested upon the earlier of (i) the first anniversary of the date of the grant of the award; or (ii) the date of the Company's 2027 annual meeting of stockholders, provided the reporting person remains in continuous service on the Board until such date, but the award may vest earlier in the event of death or disability. Should the reporting person terminate service for any other reason, a prorated number of the restricted stock units will vest.

Key Figures

RSU grant size: 7,041 shares Grant price: $0.00 per share Post-transaction holdings: 48,808 shares +1 more

4 metrics

RSU grant size 7,041 shares Restricted stock units of common stock granted to director

Grant price $0.00 per share Reported transaction price for RSU award

Post-transaction holdings 48,808 shares Total common shares held directly after grant

Vesting outside date 2027 annual meeting Latest date when RSUs become fully vested, subject to service

Key Terms

restricted stock units, continuous service, annual meeting of stockholders, prorated number

4 terms

restricted stock units financial

"Grant of restricted stock units which become fully vested upon the earlier of"

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.

continuous service financial

"provided the reporting person remains in continuous service on the Board"

annual meeting of stockholders financial

"the date of the Company's 2027 annual meeting of stockholders"

prorated number financial

"Should the reporting person terminate service for any other reason, a prorated number"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Christopher L. Coleman report in his latest Form 4 for PZZA?

Christopher L. Coleman reported an award of 7,041 restricted stock units of Papa John’s common stock. The award was granted at no cash cost and increases his direct holdings to 48,808 shares.

How many Papa John’s (PZZA) shares does Christopher L. Coleman hold after this grant?

After the reported grant, Christopher L. Coleman directly holds 48,808 shares of Papa John’s common stock. This total includes the newly awarded 7,041 restricted stock units that were added to his existing ownership position.

When do Christopher L. Coleman’s new restricted stock units in PZZA vest?

The restricted stock units vest fully on the earlier of the first anniversary of the grant date or the company’s 2027 annual meeting, assuming continuous Board service. Vesting may accelerate in the event of death or disability under the award’s terms.

Are Christopher L. Coleman’s new Papa John’s (PZZA) shares a market purchase?

No. The 7,041 shares were granted as restricted stock units at a reported price of $0.00 per share. This reflects a compensation-related equity award rather than an open-market purchase of Papa John’s stock.

What happens to the PZZA restricted stock units if Christopher L. Coleman leaves the Board early?

If Christopher L. Coleman terminates Board service for reasons other than death or disability before full vesting, a prorated portion of the restricted stock units will vest. The remaining unvested units will not continue under the award terms.

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

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Accepted by SEC EDGAR 05/13/2026 - 09:08 AM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Coleman Christopher L.

(Last) (First) (Middle)

P. O. BOX 99900

(Street)

LOUISVILLE KENTUCKY 40269

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
PAPA JOHNS INTERNATIONAL INC [ PZZA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/11/2026		A(1)		7,041	A	$0.0000	48,808	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Grant of restricted stock units which become fully vested upon the earlier of (i) the first anniversary of the date of the grant of the award; or (ii) the date of the Company's 2027 annual meeting of stockholders, provided the reporting person remains in continuous service on the Board until such date, but the award may vest earlier in the event of death or disability. Should the reporting person terminate service for any other reason, a prorated number of the restricted stock units will vest.

	Debra Tate Johnson, by Power of Attorney	05/12/2026
	** Signature of Reporting Person	Date
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)