{"url_path":"/sec/nrom/10-k/2026/item-5","section_key":"item-5","section_title":"Item 5 MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED****STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY****SECURITIES**","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-06-08","source_url":"https://www.sec.gov/Archives/edgar/data/709005/0001654954-26-005747-index.html","accession_number":"0001654954-26-005747","cik":"0000709005","ticker":"NROM","issuer_name":"NOBLE ROMANS INC","edgar_url":"https://www.sec.gov/Archives/edgar/data/709005/0001654954-26-005747-index.html","primary_entity_key":"0000709005","primary_entity_name":"NOBLE ROMANS INC"},"word_count":393,"has_tables":true,"body_markdown":"** **\n\n**ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED****STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY****SECURITIES**\n\n \n\nMarket Information\n\n \n\nThe Company’s Common Stock is included on the Nasdaq OTCQB and trades under the symbol “NROM”. The over-the-counter market quotations on the Nasdaq OTCQB reflect inter-dealer prices without retail markup, markdown or commission and may not necessarily represent actual transactions.\n\n \n\nHolders of Record\n\n \n\nAs of April 7, 2026, there were approximately 200 holders of record of the Company’s Common Stock. This excludes persons whose shares are held of record by a bank, brokerage house or clearing agency.\n\n \n\nDividends\n\n \n\nThe Company has never declared or paid dividends on its Common Stock. The Company’s current loan agreement, as described in Note 5 of the notes to the Company’s consolidated financial statements included in Item 8 of this report, prohibits the payment of dividends on Common Stock.\n\n \n\nSale of Unregistered Securities\n\n \n\nNone\n\n \n\n \n\n15\n\n*Table of Contents*\n\n \n\nRepurchases of Equity Securities\n\n \n\nNone.\n\n \n\nEquity Compensation Plan Information\n\n \n\nThe following table provides information as of December 31, 2025 with respect to the shares of the Company’s Common Stock that may be issued under its existing equity compensation plan.\n\n \n\n**Plan Category**\n\n \n\n**Number of Securities to be issued upon exercise of outstanding options, warrants and rights**\n\n**(a)**\n\n \n\n \n\n**Weighted-average exercise price of outstanding options, warrants and rights**\n\n**(b)**\n\n \n\n \n\n**Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a))**\n\n**(c)**\n\n \n\nEquity compensation plans approved by stockholders\n\n \n\n \n-\n \n\n \n$-\n \n\n \n\n \n-\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nEquity compensation plans not approved by stockholders\n\n \n\n \n3,973,834\n \n\n \n$.38\n \n\n \n\n \n(1)\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nTotal\n\n \n\n \n3,973,834\n \n\n \n$.38\n \n\n \n\n \n(1)\n\n \n\n(1)\n\nThe Company may grant additional options under the employee stock option plan. There is no maximum number of shares available for issuance under the employee stock option plan.\n\n \n\nThe Company maintains an employee stock option plan for its employees, officers and directors. Any employee, officer and director of the Company is eligible to be awarded options under the plan. The employee stock option plan provides that any options issued pursuant to the plan will generally have a three-year vesting period and will expire ten years after the date of grant. Awards under the plan are periodically made at the recommendation of the Executive Chairman and the Chief Executive Officer and authorized by the Board of Directors. The employee stock option plan does not limit the number of shares that may be issued under the plan."}