Form 4: Jack in the Box Exec Sells Shares for Tax Withholding

Jack in the Box Inc. reports a disposition of common stock by Executive Chairman & Interim CEO Mark James King to cover tax withholding obligations.

Summary

• Mark James King, Executive Chairman & Interim CEO of Jack in the Box Inc., disposed of 5,911 shares of common stock on June 18, 2026.
• This transaction was a 'sell-to-cover' to satisfy tax withholding obligations upon the vesting of restricted stock units.
• The shares were sold at a price of $12.53 per share.
• Following this transaction, Mr. King beneficially owns 193,178 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. While it involves a disposition of shares by a key executive, it is explicitly for tax withholding purposes, a routine event.

Negatives

• Disposition of shares by a key executive, although for tax purposes, can sometimes be perceived negatively by the market.

Future Outlook

No specific future outlook or guidance is provided in this filing, as it pertains to a stock disposition for tax purposes.

Industry Context

StockSavvy.ai notes that insider stock dispositions for tax withholding are common events, particularly upon the vesting of equity awards. While not indicative of a negative view on the company's prospects, such transactions are closely watched by investors.

Stakeholder Impact

• Shareholders: The disposition is for tax withholding and does not necessarily reflect a change in management's long-term view of the company's stock. However, any sale of shares by insiders can lead to short-term market scrutiny.
• Employees: This transaction relates to executive compensation and vesting of restricted stock units, impacting the executive's personal financial situation.
• Management: The transaction is a standard procedure for managing tax liabilities associated with equity compensation.

Key Dates

Keywords

Jack in the Box, JACK, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Restricted Stock Units, Executive Chairman, Interim CEO, Beneficial Ownership