Form 4: Noodles & Co Director, Jeffrey W. Jones, Acquires 54,000 Shares of Class A Common Stock

Director Jeffrey W. Jones acquired 54,000 shares of Noodles & Co Class A Common Stock on May 15, 2025, as part of director fee compensation.

Summary

• On May 15, 2025, Jeffrey W. Jones, a director of Noodles & Co, acquired 54,000 shares of Class A Common Stock.
• The acquisition was part of an arrangement where directors receive a portion of their fees in the form of Restricted Stock Units (RSUs).
• The RSUs settle in common stock on the date of grant.
• The value of the RSUs is calculated using a $2.50 price on the day of the grant.
• Following the transaction, Jones directly owns 240,407 shares of Noodles & Co stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard transaction related to director compensation. The acquisition of shares by a director is generally viewed positively, but it's part of a pre-defined arrangement.

Positives

• The director's acquisition of shares demonstrates confidence in the company.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Related Party Transactions

• The transaction involves the issuance of stock to a director as part of their compensation, which is a related party transaction.

Stakeholder Impact

• The transaction increases the director's stake in the company, aligning their interests with those of other shareholders.

Key Dates

Keywords

Form 4, Director, Jeffrey W. Jones, Noodles & Co, NDLS, Stock Acquisition, Restricted Stock Units, RSU, Beneficial Ownership