Form 4: Jack in the Box EVP Sells Shares for Tax Obligations

Jack in the Box EVP, Chief Legal & Admin Officer Sarah L. Super sold 434 shares of common stock to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• Sarah L. Super, Executive Vice President, Chief Legal & Administrative Officer of Jack in the Box Inc. (JACK), reported a transaction on December 30, 2025.
• The transaction involved the disposition of 434 shares of common stock.
• The shares were sold at a price of $19.46 per share.
• The purpose of the sale was to satisfy tax withholding obligations upon the vesting of restricted stock units, as per the company's automatic sell-to-cover policy stated in the grant agreement.
• Following this transaction, Sarah L. Super beneficially owns 53,642 shares of common stock directly.
• The transaction was made pursuant to a Rule 10b5-1(c) pre-planned contract, instruction, or written plan.

Sentiment

Score: 5

Explanation: The filing reports a routine, pre-planned insider transaction for tax purposes, which is generally neutral in sentiment. It does not indicate any positive or negative discretionary action by the insider or significant company news.

Positives

• The transaction was executed to satisfy tax withholding obligations, indicating a routine and pre-planned event rather than a discretionary sale based on market sentiment.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, which suggests a pre-arranged sale designed to comply with insider trading rules.

Negatives

• A reduction in insider ownership, even for tax purposes, can sometimes be perceived negatively by some investors, though in this context it is a routine event.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4 filing is a routine disclosure of an insider stock transaction, common across all publicly traded companies. It does not provide insights into broader industry trends or competitive landscape, focusing solely on an individual executive's share activity.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary sale for tax purposes and does not reflect a change in the executive's long-term commitment or view of the company's prospects.
• Employees: No direct impact on employees is indicated by this filing.

Key Dates

Recommendation

This Form 4 filing details a routine, non-discretionary sale of shares by an executive to cover tax obligations upon the vesting of restricted stock units. Such transactions are common and pre-planned, typically under a Rule 10b5-1 plan, and do not reflect a change in the executive's confidence in the company or its future prospects. Therefore, this specific filing provides no new information that would warrant a change in investment recommendation; a 'hold' stance remains appropriate based solely on this disclosure.

Keywords

Jack in the Box, JACK, Insider Trading, Form 4, Stock Sale, Restricted Stock Units, Tax Withholding, Executive Compensation