Jack in the Box (JACK) chair sells 5,647 shares in tax withholding trade
Rhea-AI Filing Summary
Jack in the Box Inc. director and executive chairman & interim CEO Mark James King reported a disposition of 5,647 shares of common stock on 2026-08-14 at $18.5899 per share. According to the company disclosure, these shares were sold automatically to satisfy tax withholding obligations upon vesting of restricted stock units. After this transaction, King directly holds 181,905 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,647 shares
Net Sell
1 txn
Insider
King Mark James
Role
Exec Chairman & Interim CEO
Sold
5,647 shs ($105K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | COMMON STOCK F1 | 5,647 | $18.5899 | $105K |
Holdings After Transaction:
COMMON STOCK — 181,905 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: 5,647 shares
Sale price: $18.5899 per share
Shares held after transaction: 181,905 shares
+1 more
4 metrics
Shares sold
5,647 shares
Common stock disposed of on 2026-08-14
Sale price
$18.5899 per share
Reported transaction price for common stock sale
Shares held after transaction
181,905 shares
Directly owned common stock following the sale
Net shares sold
5,647 shares
Net sell direction across reported transactions
Key Terms
restricted stock units, sell-to-cover, tax withholding obligation, sale in open market or private transaction
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.
sell-to-cover financial
"pursuant to the Company's policy for an automatic sell-to-cover stated"
Sell-to-cover is when part of newly issued or exercised company stock is immediately sold to pay required taxes and fees, so the recipient keeps the remaining shares. For investors this matters because it reduces the number of shares insiders or employees actually hold after a grant, can create small, routine share sales that aren’t signal of cashing out, and slightly increases share supply on the market—like selling a portion of a paycheck to cover the tax bill.
tax withholding obligation financial
"Disposition of shares to satisfy tax withholding obligation upon vesting"
sale in open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
FAQ
What did JACK insider Mark James King report in this Form 4?
Mark James King reported a sale of 5,647 Jack in the Box common shares on 2026-08-14 at $18.5899 per share, leaving him with 181,905 directly held shares after the transaction.
What role does Mark James King hold at JACK?
Mark James King is identified as Executive Chairman & Interim CEO and a director of Jack in the Box Inc., making this a transaction by a senior insider of the company.
AI-generated analysis. How Rhea-AI works. Not financial advice.