secwatch.observer — SEC 8-K summary
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Issuer:     NOODLES & Co (NDLS)
CIK:        0001275158
Form:       8-K
Filed at:   2025-08-05T23:59:59+00:00
Accession:  0001275158-25-000085
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Noodles & Company names Joseph Christina as CEO; Drew Madsen steps down for medical reasons
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- Joseph Christina promoted from President/COO to President and CEO effective August 31, 2025; joins Board.
- Drew Madsen stepping down as CEO for personal medical reasons; will remain on Board of Directors.
- Christina receives base salary of $550,000, annual bonus target of 100% of base, 250,000 RSU initial grant (4-year vest).
- Q2 2025 earnings conference call rescheduled to August 13, 2025 from previously announced August 6, 2025.
- Madsen enters transition agreement; unvested 199,203 RSUs continue vesting if he remains on Board, other awards canceled.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1275158/000127515825000085/0001275158-25-000085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1275158/000127515825000085/ndls-20250805.htm
  HTML page:      https://secwatch.observer/filing/0001275158-25-000085

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