Jack in the Box (JACK) EVP reports tax-related sale of 315 shares
Rhea-AI Filing Summary
Jack in the Box Inc. executive Ryan Lee Ostrom, EVP and Chief Customer & Digital Officer, reported a small automatic sale of company stock. On 12/17/2025, he disposed of 315 shares of common stock at $20.27 per share, recorded as a sale transaction.
After this transaction, he beneficially owned 80,056 shares of Jack in the Box common stock in direct form. The company notes that the shares were sold to satisfy tax withholding obligations that arose when restricted stock units vested, under an automatic “sell-to-cover” policy set out in the grant agreement. This indicates the transaction was tied to equity compensation rather than an open‑market discretionary sale.
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FAQ
What insider transaction did JACK report for Ryan Lee Ostrom?
Jack in the Box Inc. reported that EVP and Chief Customer & Digital Officer Ryan Lee Ostrom disposed of 315 shares of common stock on 12/17/2025.
At what price were the Jack in the Box shares sold in this insider trade?
The reported transaction shows a sale of Jack in the Box common stock at $20.27 per share.
How many JACK shares does Ryan Lee Ostrom own after this transaction?
Following the reported sale, Ryan Lee Ostrom beneficially owns 80,056 shares of Jack in the Box common stock in direct ownership.
Why were the 315 Jack in the Box shares sold by the executive?
The filing explains that the 315 shares were sold to satisfy tax withholding obligations triggered by the vesting of restricted stock units under the company’s automatic sell‑to‑cover policy.
Is this JACK insider transaction related to equity compensation?
Yes. The filing states the sale was connected to the vesting of restricted stock units and was executed to cover associated tax withholding, as provided in the grant agreement.
What is Ryan Lee Ostrom’s role at Jack in the Box Inc.?
Ryan Lee Ostrom is identified as an officer of Jack in the Box Inc., serving as EVP, Chief Cust&Digtl Officer.