Jack in the Box SVP sells shares for taxes
Jack in the Box Inc. senior vice president and chief supply chain officer Carl Mount reported a small share sale linked to tax withholding.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Jack in the Box Inc. senior vice president and chief supply chain officer Carl Mount reported a small share sale linked to tax withholding. He sold 1,142 shares of common stock at an average price of $12.0991 per share on a sell-to-cover basis tied to restricted stock unit vesting.
After this transaction, he directly holds 40,730 shares. The filing notes the disposition was to satisfy tax withholding obligations under the company’s automatic sell-to-cover policy, making it a routine, non-discretionary event rather than a typical open-market sale motivated by a view on the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | COMMON STOCK | 1,142 | $12.0991 | $14K |
Footnotes (1)
- F1. Disposition of shares to satisfy tax withholding obligation upon vesting of restricted stock units pursuant to the Company's policy for an automatic sell-to-cover stated in the grant agreement.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligation financial
automatic sell-to-cover financial
open-market sale financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Jack in the Box (JACK) executive Carl Mount report in this Form 4?
Does Carl Mount’s Jack in the Box (JACK) Form 4 indicate any option exercises or derivatives?
AI-generated analysis. How Rhea-AI works. Not financial advice.