Form 4: Jack in the Box CEO's Tax-Related Stock Disposition
Insider Transaction Report
Jack in the Box CEO Lance F. Tucker disposed of 1,434 shares of common stock to cover tax obligations related to restricted stock unit vesting.
Summary
- Lance F. Tucker, Director & CEO of Jack in the Box Inc., disposed of 1,434 shares of common stock.
- The transaction occurred on February 27, 2026, at a price of $16.92 per share.
- These shares were withheld by the company to satisfy tax obligations incurred by Mr. Tucker due to the vesting of previously reported restricted stock units.
- Following this transaction, Mr. Tucker beneficially owns 202,634 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine, non-discretionary transaction related to executive compensation and tax obligations, with no direct impact on the company's operational or financial performance.
Positives
- The transaction is a standard, non-discretionary event related to executive compensation, indicating the vesting of previously granted restricted stock units.
Negatives
- The reporting person's direct beneficial ownership of common stock decreased by 1,434 shares.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that tax-related dispositions of shares upon the vesting of restricted stock units are a common and routine occurrence for executives across all industries, reflecting a standard mechanism for managing equity compensation.
Comparison to Industry Standards
- This type of transaction is standard practice for executive compensation plans involving restricted stock units across publicly traded companies. For example, similar tax withholdings are routinely observed in filings from executives at peer companies like McDonald's (MCD) or Yum! Brands (YUM) when their equity awards vest.
Stakeholder Impact
- Shareholders: Minimal direct impact as it's a routine tax-related transaction, not a discretionary sale. It slightly reduces insider ownership but is expected.
- Management: The CEO's beneficial ownership slightly decreased due to tax obligations, a standard part of equity compensation.
Key Dates
| Date | Description |
|---|---|
| 02/27/2026 | Date of earliest transaction, shares withheld for tax obligations. |
| 03/02/2026 | Signature date of the reporting person. |
Keywords
Jack in the Box, JACK, Lance F. Tucker, Form 4, insider transaction, stock disposition, restricted stock units, tax withholding, CEO, director
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