Form 4: Jack in the Box Executive Acquires Restricted Stock Units

Carl Mount, SVP, Chief Supply Chain Officer at Jack in the Box, acquired 5,253 restricted stock units on December 2, 2024.

Summary

• Carl Mount, a Senior Vice President and Chief Supply Chain Officer at Jack in the Box, acquired 5,253 restricted stock units on December 2, 2024.
• These restricted stock units vest in three equal installments one year from the grant date.
• After-tax net shares are subject to a 50% holding requirement until the executive meets their multiple of salary stock ownership requirement.
• Following the transaction, Mr. Mount beneficially owns 11,197 shares of common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation, which is generally viewed positively as it aligns management's interests with shareholders. There are no indications of negative sentiment.

Positives

• The acquisition of restricted stock units aligns the executive's interests with those of the shareholders.
• The vesting schedule and holding requirements encourage long-term commitment from the executive.

Future Outlook

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

Industry Context

This is a standard practice for executive compensation in publicly traded companies, aligning management's interests with shareholders through equity-based incentives.

Comparison to Industry Standards

• Many publicly traded companies use restricted stock units as part of their executive compensation packages.
• Vesting schedules and holding requirements are common practices to ensure long-term commitment from executives.
• Companies like McDonald's, Wendy's, and Restaurant Brands International also use similar equity-based compensation strategies for their executives.

Stakeholder Impact

• The transaction is likely to have a neutral to slightly positive impact on shareholders as it aligns executive interests with company performance.

Key Dates

Keywords

restricted stock units, stock ownership, executive compensation, insider trading, Form 4, Jack in the Box, equity securities