Form 4: Jack in the Box Interim PEO Lance F. Tucker Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Lance F. Tucker, Interim PEO of Jack in the Box Inc., reports the acquisition of 12,531 restricted stock units.
Summary
- On February 24, 2025, Lance F. Tucker, Interim PEO of Jack in the Box Inc., acquired 12,531 shares of common stock.
- These securities are restricted stock units that 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, Tucker beneficially owns 37,721 shares of Jack in the Box Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment.
Positives
- The acquisition of restricted stock units by the Interim PEO aligns his interests with those of the shareholders.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives and their alignment with shareholder interests.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder confidence due to the alignment of executive and shareholder interests.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of transaction: Lance F. Tucker acquired 12,531 shares of common stock. |
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