Form 4: Noodles & Co. Executive Thomas B. West Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Thomas B. West, Chief Operating Officer of Noodles & Co, disposed of 3,297 shares to cover tax withholdings upon vesting of Restricted Stock Units.
Summary
- On May 15, 2025, Thomas B. West, the Chief Operating Officer of Noodles & Co, reported a transaction involving Class A Common Stock.
- West disposed of 3,297 shares to cover tax obligations related to the vesting of Restricted Stock Units.
- The shares were surrendered to the issuer at a price of $0.862 per share.
- Following the transaction, West directly owns 188,959 shares of Noodles & Co.
- The transaction was reported on May 19, 2025.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no inherent positive or negative implications for the company's performance.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives. This transaction is related to tax obligations, which is a common reason for share disposals.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction: Disposal of shares to cover tax withholdings. |
| 05/19/2025 | Date of report filing. |
Keywords
Form 4, NDLS, Noodles & Co, Thomas B. West, Chief Operating Officer, Share Disposal, Tax Withholdings, Restricted Stock Units, Beneficial Ownership
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