---
schema_version: "secwatch.filing_event.v1"
accession: "0001275158-25-000104"
form_type: "8-K"
ticker: "NDLS"
cik: "0001275158"
company_name: "NOODLES & Co"
filed_at: "2025-11-21T23:59:59+00:00"
generated_at: "2026-05-16T17:33:34.508538+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Noodles & Co approves change-in-control retention bonuses for execs; strategic review ongoing

## Summary
- Retention bonuses: CEO 100% base salary, CFO 75%, EVP Tech & CAO 50%, payable only upon Change in Control.
- Bonuses require 90-day post-closing employment or termination without cause; expire Dec 31, 2026 if no transaction.
- Board is evaluating strategic alternatives to maximize stockholder value; no assurance of transaction completion.

## SEC filing metadata
- accession: 0001275158-25-000104
- form_type: 8-K
- ticker: NDLS
- cik: 0001275158
- company_name: NOODLES & Co
- filed_at: 2025-11-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1275158/000127515825000104/0001275158-25-000104-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1275158/000127515825000104/ndls-20251119.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001275158-25-000104
- JSON: https://secwatch.observer/filing/0001275158-25-000104.json
- Plain text: https://secwatch.observer/filing/0001275158-25-000104.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.