Jack in the Box (JACK) chair’s 5,911-share tax sell-to-cover keeps large stake

Q: Was the JACK insider sale by Mark James King a discretionary trade?

The sale was not discretionary; it was automatic. The filing states shares were disposed of to satisfy tax withholding upon RSU vesting under Jack in the Box’s automatic sell-to-cover policy specified in the grant agreement, indicating a routine tax-related transaction.

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Jack in the Box Inc. executive chairman and interim CEO Mark James King reported an automatic sale of 5,911 shares of common stock at $12.53 per share. According to the footnote, the shares were sold solely to cover tax withholding obligations upon vesting of restricted stock units under the company’s automatic sell-to-cover policy. After this transaction, he directly holds 193,178 shares, so the filing reflects a routine tax-related disposition rather than a discretionary open-market sale.

Insider Trade Summary

Net Seller: 5,911 shares ($74,065)

Net Sell 1 txn

Insider King Mark James

Role Exec Chairman & Interim CEO

Sold 5,911 shs ($74K)

Type	Security	Shares	Price	Value
Sale	COMMON STOCK	5,911	$12.53	$74K

Holdings After Transaction: COMMON STOCK — 193,178 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares sold: 5,911 shares Sale price: $12.53 per share Shares held after transaction: 193,178 shares +1 more

4 metrics

Shares sold 5,911 shares Automatic sale on 2026-06-18 to cover RSU tax withholding

Sale price $12.53 per share Price for 5,911 shares of common stock

Shares held after transaction 193,178 shares Direct ownership after tax-related disposition

Net shares sold 5,911 shares Net-sell direction in transaction summary

Key Terms

restricted stock units, sell-to-cover, tax withholding obligation, 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.

sell-to-cover financial

"policy for an automatic sell-to-cover stated in the grant agreement"

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"

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.

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Form 4 Insider Transactions: What Each Field Means →

06/18/2026 - 06:06 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

King Mark James

(Last)

(First)

(Middle)

9357 SPECTRUM CENTER BLVD

(Street)

SAN DIEGO

CALIFORNIA

92123

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
JACK IN THE BOX INC [ JACK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Exec Chairman & Interim CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
COMMON STOCK	06/18/2026		S		5,911⁽¹⁾	D	$12.53	193,178	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 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.

	STEPHANIE BRINSFIELD by Power of Attorney for Mark James King	06/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did JACK executive Mark James King report?

Mark James King reported selling 5,911 shares of Jack in the Box common stock. The sale occurred at $12.53 per share and was made automatically to cover tax withholding tied to vesting restricted stock units under the company’s sell-to-cover policy.

Was the JACK insider sale by Mark James King a discretionary trade?

The sale was not discretionary; it was automatic. The filing states shares were disposed of to satisfy tax withholding upon RSU vesting under Jack in the Box’s automatic sell-to-cover policy specified in the grant agreement, indicating a routine tax-related transaction.

How many JACK shares does Mark James King hold after this Form 4?

After the transaction, Mark James King directly holds 193,178 Jack in the Box common shares. This remaining position shows the 5,911 shares sold for tax withholding represent a small portion of his overall ownership disclosed in this Form 4 filing.

At what price were the JACK shares sold in this insider transaction?

The 5,911 Jack in the Box shares were sold at $12.53 per share. This price reflects the execution level for the automatic sell-to-cover transaction used to satisfy tax withholding obligations when restricted stock units vested for the executive.

What is the purpose of the automatic sell-to-cover policy mentioned for JACK?

The automatic sell-to-cover policy sells enough shares at vesting to pay tax withholding obligations. In this case, Jack in the Box’s policy triggered a sale of 5,911 shares from Mark James King’s RSU vesting, avoiding the need for separate cash payments for taxes.