Form 4: Noodles & Co. Executive Vice President of Technology Reports Stock Transaction
SEC Form 4 Filing
Corey Kline, EVP of Technology at Noodles & Co., reports the disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On March 14, 2025, Corey Kline, the EVP of Technology at Noodles & Co., disposed of 1,883 shares of Class A Common Stock to cover tax withholdings.
- The shares were surrendered to the issuer at a price of $1.11 per share.
- Following the transaction, Kline directly owns 63,104 shares of Noodles & Co. Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a common practice of executives covering tax obligations related to stock vesting.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of stock transaction (disposal of shares). |
| 03/17/2025 | Date of signature by attorney in fact. |
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