Form 4: Jack in the Box Executive's Stock Transactions

A Jack in the Box executive acquired performance shares and sold a portion to cover tax obligations.

Summary

• Sarah L. Super, EVP, Chief Legal & Admin Officer of Jack in the Box Inc. (JACK), reported changes in her beneficial ownership of common stock.
• On December 3, 2025, Ms. Super acquired 2,812 shares of common stock at a price of $0.00 per share.
• This acquisition represents shares vested and issued due to the achievement of pre-established performance goals for the three fiscal year performance period 2023-2025.
• Concurrently, Ms. Super disposed of a total of 2,114 shares of common stock through 'sell-to-cover' transactions to satisfy tax withholding obligations.
• Specifically, 1,027 shares were sold at $19.0832 to cover taxes on vested performance shares.
• Additionally, 448 shares were sold at $19.0833 and 639 shares were sold at $19.0815 to cover taxes on vested restricted stock units.
• Following these transactions, Ms. Super's direct beneficial ownership stands at 32,640 shares of common stock.

Sentiment

Score: 5

Explanation: The filing reports routine, non-discretionary insider transactions related to executive compensation (vesting and tax-related sales), which typically has a neutral impact on market sentiment.

Positives

• The vesting of 2,812 performance shares indicates the achievement of pre-established performance goals for the 2023-2025 fiscal year period, reflecting positive operational or strategic performance by the company's leadership.

Negatives

• The disposition of 2,114 shares was non-discretionary, solely to satisfy tax withholding obligations upon the vesting of equity awards, and does not reflect a discretionary sale by the executive.

Future Outlook

NA

Industry Context

This Form 4 filing details a routine insider transaction related to executive compensation, which is a common practice across publicly traded companies in all industries, including the quick-service restaurant sector where Jack in the Box operates. It does not provide broader industry trends or competitive insights.

Stakeholder Impact

• Shareholders: The vesting of performance shares indicates that executive compensation is tied to company performance goals, which can align management and shareholder interests. The subsequent 'sell-to-cover' transactions are standard for equity compensation and do not signal a change in executive confidence.
• Employees: The equity compensation structure for executives may reflect broader compensation philosophies within the company.

Key Dates

Keywords

Jack in the Box, JACK, Form 4, insider transaction, equity compensation, performance shares, restricted stock units, sell-to-cover, executive compensation