Company: JSDA
Filing Date: 2025-05-01
Form Type: 10-K/A
Source: 0001641172-25-007974
Chunk: 15

Company: JONES SODA CO.
Filing Date: 2025-05-01
Form: 10-K/A
Chunk 15
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,447 shares of common stock from March 5, 2024 to March 20, 2024 and a late Form 4 on March 25, 2024 in connection with the sale of an aggregate of 513,200 shares of common stock from February 2, 2024 to February 22, 2024.

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Insider Trading Policy

We have adopted a formal insider trading policy that governs the purchase, sale, and/or disposition of our securities, by directors, officers, and employees, that is reasonably designed to promote compliance with insider trading laws, rules and regulations, and any applicable listing standards. A copy of our insider trading policy is filed as Exhibit 19.1 to this Amendment No. 1. This policy has been designed to prevent insider trading or even allegations of insider trading.

Shareholder Nominees for Director

There have been no material changes to the procedures by which shareholders may recommend nominees to the Board.

ITEM 11 . EXECUTIVECOMPENSATION.

Summary Compensation Table

The following table shows, for the fiscal years ended December 31, 2024 and 2023, all compensation awarded or paid by us to, or earned by, the following persons (referred to as our “Named Executive Officers” or “NEOs”):

| Name                                                                
 and Principal Position                                              |     | Year |     | Salary 
 ($)    |         |     | Bonus 
 ($)   |   |     | Stock  
 Awards 
 ($)(1) |        |    |     | Option 
 Awards 
 ($)(2) |           |     | All          
 Other        
 Compensation 
 ($)          |        |     | Total |           |
| David                                                               
 Knight (3)                                                          |     | 2024 |     |        | 323,078 |     |       | - |     |        |      - |    |     |        |         - |     |              | 36,176 |     |       |   359,254 |
| Former                                                              
 President and Chief Executive Officer                               |     | 2023 |     |        | 181,731 |     |       | - |     |        |      - |    |     |        | 1,172,000 |     |              |      - |     |       | 1,353,731 |
| Paul                                                                
 Norman (4)                                                          |     | 2024 |     |        |       - |     |       | - |