Jack in the Box CEO sells $76K in stock
Exec chairman and interim CEO Mark James King sold shares to cover taxes on vested restricted stock units, retaining a sizable direct stake at Jack in the Box.
Rhea-AI Filing Summary
JACK IN THE BOX INC (JACK) reported that Exec Chairman & Interim CEO Mark James King disposed of common stock in connection with an equity award vesting. On September 22, 2026, 5,627 shares of common stock were sold at $13.61 per share to satisfy tax withholding obligations under an automatic sell-to-cover policy tied to restricted stock units. Following this transaction, King holds 176,278 shares of JACK common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,627 shares
Net Sell
1 txn
Insider
King Mark James
Role
Exec Chairman & Interim CEO
Sold
5,627 shs ($77K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | COMMON STOCK F1 | 5,627 | $13.61 | $77K |
Holdings After Transaction:
COMMON STOCK — 176,278 shares (Direct)
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
Shares sold: 5,627 shares
Sale price per share: $13.61 per share
Approximate transaction value: $76,583
+1 more
4 metrics
Shares sold
5,627 shares
Common stock sold on September 22, 2026 to cover tax withholding
Sale price per share
$13.61 per share
Price for the 5,627 JACK shares sold on September 22, 2026
Approximate transaction value
$76,583
5,627 shares sold at $13.61 per share
Shares held after transaction
176,278 shares
Direct JACK common stock holdings of Mark James King after the sale
Key Terms
restricted stock units, tax withholding obligation, automatic sell-to-cover
3 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
"pursuant to the Company's policy for an automatic sell-to-cover"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did JACK executive Mark James King report on this Form 4?
Mark James King reported the sale of 5,627 shares of Jack in the Box common stock on September 22, 2026 at $13.61 per share, carried out to cover tax withholding obligations upon vesting of restricted stock units under an automatic sell-to-cover policy.
Does the JACK Form 4 indicate a Rule 10b5-1 trading plan for this sale?
The Form 4’s Rule 10b5-1 checkbox is not marked as a plan transaction, but the footnote explains that the sale followed the company’s automatic sell-to-cover policy in the restricted stock unit grant agreement to satisfy tax withholding obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.