Form 4: Jack in the Box CEO Tucker Receives RSU Grant

Jack in the Box Inc. CEO Lance F. Tucker was granted 122,663 restricted stock units, increasing his beneficial ownership to 207,218 shares.

Summary

• Lance F. Tucker, Director and CEO of Jack in the Box Inc., acquired 122,663 shares of common stock on December 10, 2025.
• The acquisition was a grant of restricted stock units (RSUs) at a price of $0.00 per share.
• Following this transaction, Tucker's direct beneficial ownership of common stock increased to 207,218 shares.
• These RSUs are scheduled to vest in three equal installments, with the first vesting occurring one year from the grant date.
• After-tax net shares from the vesting are subject to a 50% holding requirement until the executive meets their specified multiple of salary stock ownership requirement.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-planned transaction.

Sentiment

Score: 6

Explanation: Slightly positive due to increased insider ownership and alignment of executive interests with shareholders, but largely neutral as it's a routine compensation event.

Positives

• Increased insider ownership by CEO Lance F. Tucker, which aligns management interests with those of shareholders.
• The grant of 122,663 restricted stock units represents a component of ongoing executive compensation and retention efforts.
• The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-planned and transparent compensation event.

Negatives

• No direct negatives are apparent from this routine executive compensation grant.

Risks

• No specific risks are mentioned in this Form 4 filing.

Future Outlook

The restricted stock units will vest in three equal installments, with the first installment occurring one year from the grant date of December 10, 2025. After-tax net shares from the vesting are subject to a 50% holding requirement until the executive meets their specified multiple of salary stock ownership requirement.

Management Comments

• No direct quotes or paraphrased statements from company management are included in this Form 4 filing.

Industry Context

Executive compensation through restricted stock units is a common practice in the restaurant and broader corporate sectors. This method aligns executive incentives with long-term shareholder value creation, as the value of the compensation is tied to the company's stock performance and requires continued employment for vesting.

Comparison to Industry Standards

• The grant of restricted stock units (RSUs) as a form of executive compensation is a standard practice across various industries, including the quick-service restaurant sector where companies like McDonald's, Yum! Brands, and Restaurant Brands International also utilize equity awards to incentivize and retain key executives.
• The vesting schedule of three equal installments over multiple years is typical for long-term incentive plans, promoting executive retention and a focus on sustained performance.
• The holding requirement for after-tax net shares until a specific stock ownership multiple is met is also a common corporate governance best practice, further aligning executive interests with long-term shareholder returns, similar to policies seen at peer companies.

Corporate Governance

Stakeholder Impact

• Shareholders: Increased alignment of CEO's interests with shareholders due to higher equity ownership and performance-based vesting.
• Employees: Demonstrates the company's executive compensation structure, potentially influencing broader compensation philosophies.

Next Steps

• The restricted stock units will vest in three equal installments, with the first vesting occurring one year from the grant date of December 10, 2025.
• Lance F. Tucker will be subject to a 50% holding requirement on after-tax net shares until his stock ownership requirement is met.

Key Dates

Keywords

Jack in the Box, JACK, Lance F. Tucker, Restricted Stock Units, RSU grant, insider ownership, executive compensation, Form 4, SEC filing, stock ownership requirement