Director at Jack in the Box (JACK) receives grant of 12,188 RSUs
Rhea-AI Filing Summary
King Mark James reported acquisition or exercise transactions in this Form 4 filing.
Jack in the Box Inc. board member Mark James King reported an equity award of common stock–settled restricted stock units. He was granted 12,188 restricted stock units, recorded at a price of $0.00 per unit, reflecting a compensation grant rather than an open-market purchase.
The award vests 100% on March 3, 2027. Shares are issued on that date unless King elects to defer receipt until his Board service ends. After this grant, his reported direct holdings tied to this award total 12,188 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 12,188 shares
Net Buy
1 txn
Insider
King Mark James
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 12,188 | $0.00 | $0.00 |
Holdings After Transaction:
COMMON STOCK — 12,188 shares (Direct)
Footnotes (1)
- F1. These securities are restricted stock units that vest 100% on March 3, 2027, and are issued on that date unless the reporting person has elected to defer receipt of the shares until termination of their Board service.
FAQ
What insider transaction did Jack in the Box (JACK) report for Mark James King?
Jack in the Box reported that director Mark James King received a grant of 12,188 restricted stock units. These units represent a stock-based compensation award rather than an open-market share purchase or sale, and they will settle in common shares once they vest.
When do Mark James King’s Jack in the Box (JACK) restricted stock units vest?
The restricted stock units granted to Mark James King vest 100% on March 3, 2027. On that date, the units are scheduled to convert into Jack in the Box common shares, subject to his service and any deferral election regarding when he actually receives the shares.
Is Mark James King’s Jack in the Box (JACK) equity award an open-market stock purchase?
No, the Form 4 describes a grant of restricted stock units at a price of $0.00 per unit. This indicates a stock-based compensation award from Jack in the Box, not an open-market transaction where the director bought or sold existing shares for cash.
How many Jack in the Box (JACK) units does Mark James King hold after this transaction?
After this reported transaction, Mark James King’s holdings tied to the grant total 12,188 restricted stock units. These units will convert into an equal number of Jack in the Box common shares when they vest or later if he has chosen to defer settlement.
AI-generated analysis. How Rhea-AI works. Not financial advice.