Jack in the Box (JACK) SVP sells 1,142 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,142 shares ($13,817)
Net Sell
1 txn
Insider
MOUNT CARL
Role
SVP, CHF SUPPLY CHAIN OFFICER
Sold
1,142 shs ($14K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | COMMON STOCK | 1,142 | $12.0991 | $14K |
Holdings After Transaction:
COMMON STOCK — 40,730 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,142 shares
Sale price per share: $12.0991 per share
Shares held after transaction: 40,730 shares
3 metrics
Shares sold
1,142 shares
Common stock sold on 2026-05-04 to cover tax withholding
Sale price per share
$12.0991 per share
Average price for common stock sale on 2026-05-04
Shares held after transaction
40,730 shares
Direct ownership following reported sale
Key Terms
restricted stock units, tax withholding obligation, automatic sell-to-cover, open-market sale
4 terms
restricted stock units financial
"upon vesting of restricted stock units pursuant to the Company's policy"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligation financial
"Disposition of shares to satisfy tax withholding obligation upon vesting"
automatic sell-to-cover financial
"Company's policy for an automatic sell-to-cover stated in the grant agreement"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What did Jack in the Box (JACK) executive Carl Mount report in this Form 4?
Carl Mount, senior vice president and chief supply chain officer of Jack in the Box, reported selling 1,142 shares of common stock. The sale was made to cover tax withholding obligations arising from the vesting of restricted stock units under the company’s automatic sell-to-cover policy.
Does Carl Mount’s Jack in the Box (JACK) Form 4 indicate any option exercises or derivatives?
No derivative securities are shown in this filing’s derivativeSummary section. The Form 4 only reports a single non-derivative transaction: the sale of 1,142 shares of common stock to cover tax withholding related to restricted stock unit vesting under an automatic sell-to-cover provision.