Form 4: Jack in the Box Exec Reports Stock Transactions

Jack in the Box SVP Van Ingram reported the acquisition of 14,431 restricted stock units and the disposition of 127 shares for tax withholding.

Summary

• Van Ingram, SVP, Chief Development Officer at Jack in the Box Inc. (JACK), reported changes in beneficial ownership of common stock.
• On December 9, 2025, 127 shares of common stock were disposed of at a price of $19.06 per share.
• This disposition was made to satisfy tax withholding obligations upon the vesting of restricted stock units, in line with the company's automatic sell-to-cover policy.
• Following this disposition, Van Ingram's beneficial ownership was 4,925 direct shares.
• On December 10, 2025, 14,431 restricted stock units (RSUs) were acquired at a price of $0.00.
• These RSUs are scheduled to vest in three equal installments, one year from the grant date.
• After-tax net shares from these RSUs are subject to a 50% holding requirement until the executive meets their multiple of salary stock ownership requirement.
• Following all reported transactions, Van Ingram beneficially owns 19,356 direct shares of common stock.

Sentiment

Score: 5

Explanation: The filing reports routine insider stock transactions related to executive compensation (RSU grant and sell-to-cover for taxes), which is a neutral event in terms of company performance or outlook.

Positives

• Acquisition of 14,431 restricted stock units (RSUs) at a $0.00 price, representing a significant component of executive compensation and aligning executive interests with long-term shareholder value.
• The RSU grant reinforces executive retention and provides an incentive for future performance.

Negatives

• Disposition of 127 shares of common stock at $19.06 per share to cover tax withholding obligations, which is a routine reduction in direct share ownership upon RSU vesting.

Future Outlook

The acquired restricted stock units will vest in three equal installments one year from the grant date, subject to a 50% holding requirement for after-tax net shares until the executive meets their multiple of salary stock ownership requirement.

Industry Context

This filing represents a routine insider transaction related to executive compensation, common across publicly traded companies where restricted stock units are a standard component of long-term incentive plans for senior management.

Corporate Governance

Stakeholder Impact

• Shareholders: The RSU grant aligns executive incentives with shareholder value creation over the long term, while the sell-to-cover is a standard, minor dilution event.

Next Steps

• The restricted stock units will vest in three equal installments one year from the grant date.

Key Dates

Keywords

Jack in the Box, JACK, Form 4, Insider Transaction, Restricted Stock Units, RSU, Executive Compensation, Stock Ownership