Form 4: Jack in the Box SVP, Chief Legal & Risk Officer, Sarah Super, Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Sarah Super, SVP, Chief Legal & Risk Officer at Jack in the Box, reported the acquisition of 5,253 shares and the disposal of 549 shares of common stock.

Summary

  • Sarah Super, a Senior Vice President and Chief Legal & Risk Officer at Jack in the Box, filed a Form 4 detailing her recent stock transactions.
  • On December 2, 2024, she acquired 5,253 shares of common stock as restricted stock units.
  • On December 4, 2024, she disposed of 107 shares at $48.93 per share and 442 shares at $48.934 per share.
  • These disposals were to cover tax obligations related to the vesting of restricted stock units.
  • Following these transactions, Ms. Super beneficially owns 15,593 shares of Jack in the Box common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by an executive. It does not indicate any positive or negative sentiment about the company's performance.

Industry Context

This is a routine filing related to executive stock transactions and is common practice for publicly traded companies. It provides transparency into the trading activities of company insiders.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
  • The transactions are typical for executives receiving stock-based compensation, with sales often occurring to cover tax liabilities upon vesting.

Stakeholder Impact

  • The transactions have a minimal impact on shareholders as they are related to executive compensation and tax obligations.

Key Dates

DateDescription
12/02/2024Sarah Super acquired 5,253 shares of common stock as restricted stock units.
12/04/2024Sarah Super disposed of 549 shares of common stock to cover tax obligations.

Keywords

Form 4, insider trading, stock transaction, restricted stock units, Jack in the Box, Sarah Super, executive compensation

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