Mark Murray - Jul 31, 2025 Form 4 Insider Report for JONES SODA CO (JSDA)

Role
Director
Signature
/s/ Brian Meadows, Attorney-in-Fact for Mark Murray,
Stock symbol
JSDA
Transactions as of
Jul 31, 2025
Transactions value $
$0
Form type
4
Date filed
12/4/2025, 03:11 PM
Previous filing
Jul 21, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Murray Mark F. Director 1522 WESTERN AVE., SUITE 24150, SEATTLE /s/ Brian Meadows, Attorney-in-Fact for Mark Murray, 2025-12-04 0001824525

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JSDA Common Stock Options Exercise +187K +9.19% 2.22M Jul 31, 2025 Direct F1
transaction JSDA Common Stock Options Exercise +93.4K +4.21% 2.31M Sep 30, 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction JSDA Restricted Stock Units Options Exercise $0 +187K $0.00 187K Jul 31, 2025 Common Stock 187K Direct F2, F3
transaction JSDA Restricted Stock Units Options Exercise $0 +93.4K $0.00 93.4K Sep 30, 2025 Common Stock 93.4K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") converted into shares of the issuer's common stock on a one-for-one basis on the vesting date. RSUs do not require the holder to pay any consideration on vesting.
F2 Each RSU represents a contingent right to receive one (1) share of the issuer's common stock upon settlement.
F3 On July 18, 2025, the reporting person was granted 460,003 RSUs, of which 50% vested into shares on July 31, 2025, an additional 25% vested into shares on September 30, 2025, and the remaining 25% are scheduled to vest into shares on December 31, 2025. Upon vesting, the reporting person will receive a number of shares of the issuer's common stock equal to the number of RSUs that vest on that date.