Mill Road Capital III GP LLC, 10% Owner at NOODLES & Co (NDLS), bought 221,049 shares at $4.92 ($1.1M) on 2022-12-22, disclosed to the SEC on 2022-12-23.
Open-market purchase of $1.1M NDLS by 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history). Context: insider career grade D.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $4.97 | 61,986 | $308K | 28.2% |
| 2 | $4.97 | 61,986 | $308K | 28.2% |
| 3 | $4.92 | 45,333 | $223K | 20.4% |
| 4 | $4.92 | 45,333 | $223K | 20.4% |
| 5 | $4.95 | 6,411 | $32K | 2.9% |
| Total | $4.95 avg | 221,049 |
| $1.1M |
| 100% |
| Filing → |
| NDLS | BUY | 2023-03-31 | $23K | — | Filing → |
| NDLS | BUY | 2022-07-28 | $511K | — | Filing → |
| NDLS | BUY | 2022-07-14 | $1.3M | — | Filing → |