Form 4: Jack in the Box Executive Ryan Lee Ostrom Reports Stock Transactions

EVP, Chief Marketing & Digital Officer of Jack in the Box, Ryan Lee Ostrom, reports acquisition and sale of company stock.

Summary

• Ryan Lee Ostrom, EVP, Chief Marketing & Digital Officer at Jack in the Box, reported acquiring 10,505 shares of common stock on December 2, 2024, at a price of $0.00.
• These shares were received as restricted stock units that vest in three equal installments one year from the grant date.
• On December 4, 2024, Ostrom sold 707 shares of common stock at a price of $48.9304 per share.
• This sale was to cover tax withholding obligations upon the vesting of restricted stock units.
• Following these transactions, Ostrom beneficially owns 27,744 shares of Jack in the Box common stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing of stock transactions by an executive, which is neither positive nor negative in itself.

Industry Context

This is a routine filing related to executive compensation and does not indicate any specific trend in the quick-service restaurant industry.

Comparison to Industry Standards

• Executive stock transactions are common across publicly traded companies, including those in the restaurant industry.
• The vesting and sale of restricted stock units for tax purposes is a standard practice.
• Comparable companies such as McDonald's, Wendy's, and Restaurant Brands International also have similar reporting requirements for executive stock transactions.

Stakeholder Impact

• The stock transactions have a minimal impact on shareholders as they are part of routine executive compensation.

Key Dates

Keywords

stock, insider trading, executive, restricted stock units, share sale, Jack in the Box, Ryan Lee Ostrom