Kline Corey 4
4 · NOODLES & Co · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
NOODLES & Co (NDLS) EVP Corey Kline Surrenders 192 Shares for Taxes
What Happened Corey Kline, EVP — Technology at NOODLES & Co (NDLS), surrendered 192 shares on 2026-03-14 to cover tax withholdings related to vested Restricted Stock Units (RSUs). The shares were valued at $6.11 each, totaling approximately $1,173. This was a tax-withholding share surrender (transaction code F), not an open-market sale or purchase.
Key Details
- Transaction date: 2026-03-14; Filing date (Form 4): 2026-03-17 (appears timely within the required reporting window).
- Price per share: $6.11; Shares surrendered/disposed: 192; Total value: ~$1,173.
- Shares owned after the transaction: not specified in the filing.
- Footnote: F1 — shares were surrendered to the issuer to pay required tax withholdings upon RSU vesting; valuation based on the closing stock price on the surrender date.
- Corporate action note: A 1-for-8 reverse stock split was effective 2026-02-18; all figures in the filing reflect the split.
Context This was a routine tax-withholding transaction tied to RSU vesting (a common administrative action) rather than a discretionary sale or purchase that might signal a view on the stock. For retail investors, such "surrenders for taxes" generally do not provide insight into insider sentiment.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1]2026-03-14$6.11/sh−192$1,173→ 10,536 total
Footnotes (1)
- [F1]Represents shares surrendered to the Issuer by the Reporting Person to pay required tax withholdings due upon vesting of Restricted Stock Units. The shares surrendered were valued based on the closing price of the common stock of the Issuer on the date of surrender.