secwatch.observer — SEC 8-K summary
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Issuer:     JONES SODA CO. (JSDA)
CIK:        0001083522
Form:       8-K
Filed at:   2023-01-06T23:59:59+00:00
Accession:  0001437749-23-000646
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CEO Mark Murray rescinds 1.2M RSUs and returns 600K vested shares for zero consideration
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- Cancelled all 1,200,000 outstanding unvested RSUs granted in May 2022.
- Returned 600,000 vested shares previously issued; all for no consideration.
- Rescission effective Dec. 30, 2022; parties placed back to pre-grant position.
- CEO remains in role; compensatory arrangement materially altered.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1083522/000143774923000646/0001437749-23-000646-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1083522/000143774923000646/jsda20230106_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-000646

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer