Noodles & CO 8-K Filing
Ticker: NDLS · Form: 8-K · Filed: Nov 21, 2025 · CIK: 1275158
| Field | Detail |
|---|---|
| Company | Noodles & CO (NDLS) |
| Form Type | 8-K |
| Filed Date | Nov 21, 2025 |
| Pages | 3 |
| Reading Time | 4 min |
| Sentiment | neutral |
Sentiment: neutral
FAQ
What type of filing is this?
This is a 8-K filing submitted by Noodles & CO (ticker: NDLS) to the SEC on Nov 21, 2025.
How long is this filing?
Noodles & CO's 8-K filing is 3 pages with approximately 976 words. Estimated reading time is 4 minutes.
Where can I view the full 8-K filing?
The complete filing is available on SEC EDGAR. You can also read the AI-decoded analysis with risk assessment and key highlights on ReadTheFiling.
Filing Stats: 976 words · 4 min read · ~3 pages · Grade level 17.6 · Accepted 2025-11-21 16:43:14
Filing Documents
- ndls-20251119.htm (8-K) — 33KB
- 0001275158-25-000104.txt ( ) — 147KB
- ndls-20251119.xsd (EX-101.SCH) — 2KB
- ndls-20251119_lab.xml (EX-101.LAB) — 21KB
- ndls-20251119_pre.xml (EX-101.PRE) — 12KB
- ndls-20251119_htm.xml (XML) — 3KB
02(e). Compensatory Arrangements of Certain Officers
Item 5.02(e). Compensatory Arrangements of Certain Officers. On November 19, 2025, the Board of Directors (the "Board") of Noodles & Company (the "Company"), upon the recommendation of the Compensation Committee of the Board, approved the entry into retention bonus agreements with the Company's executive officers, payable only upon a Change in Control (as defined below), not including any refinancing of the Company's debt or any other capital raising transaction that does not result in a Change of Control, all of which are being considered as part of the process of evaluating strategic alternatives. The agreements represent an incentive for continued service to the Company and support of the Company's continued review of strategic alternatives to explore ways to maximize stockholder value (the "Retention Bonus"). Any Retention Bonus would be payable only upon completion of a Change in Control and if the executive either (i) remains employed by the Company for 90 days after closing or (ii) is terminated without cause within 30 days prior to or 90 days after closing. Payment of the Retention Bonus is further conditioned upon the executive's compliance with restrictive covenants, including confidentiality obligations, and the recipient's good faith cooperation in the Company's efforts leading to the consummation of a potential transaction resulting in a Change in Control. The right to any Retention Bonus will expire on December 31, 2026 if a Change in Control has not occurred on or prior to such date. A "Change in Control" means: (i) during any 12-month period, the members of the Board (the "Incumbent Directors") cease to constitute at least a majority of the Board, provided that any director elected or nominated by a majority of then Incumbent Directors will be considered an Incumbent Director, other than through an actual or threatened election or proxy contest; (ii) the acquisition or ownership by any individual, entity or group of beneficial ownership (within