Form 4: Jack in the Box CTO Sells Shares for Tax Obligation
Insider Transaction Report
Jack in the Box's SVP, Chief Technology Officer, Richard D. Cook, disposed of 154 shares of common stock to cover tax withholding obligations.
Summary
- Richard D. Cook, SVP, Chief Technology Officer of Jack in the Box Inc. (JACK), reported a disposition of common stock.
- On November 4, 2025, Cook sold 154 shares of JACK common stock at a price of $16.38 per share.
- The transaction was an automatic "sell-to-cover" to satisfy tax withholding obligations upon the vesting of restricted stock units, as per the company's policy and grant agreement.
- Following this transaction, Cook beneficially owns 26,168 shares of JACK common stock.
- The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating it was pre-arranged.
Sentiment
Score: 5
Explanation: A score of 5 indicates a neutral sentiment. The transaction is a routine 'sell-to-cover' for tax purposes upon RSU vesting, which is a common and expected event for executives and does not typically signal a change in management's outlook or company performance.
Future Outlook
N/A
Industry Context
This is a routine insider transaction related to executive compensation and tax obligations, which is common across all industries when restricted stock units vest. It does not reflect broader industry trends or competitive positioning.
Stakeholder Impact
- Minimal direct impact on shareholders as this is a small, routine transaction for tax purposes and does not indicate a change in company fundamentals or executive confidence.
- No direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 11/04/2025 | Date of transaction for disposition of common stock by Richard D. Cook. |
Keywords
Jack in the Box, JACK, Richard D Cook, Form 4, Insider Trading, Stock Sale, Tax Withholding, Restricted Stock Units, Executive Compensation, Sell-to-Cover
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.