Jack in the Box exec chairman sells $112,555 in shares
On November 13, 2026, Mark James King, the Executive Chairman and Interim CEO of Jack in the Box Inc. (NASDAQ:JACK), sold 7,977 shares of the company's common stock. The total value of the shares sold amounted to $112,555, with each share priced at $14.11. The stock's current price stands at $14.75, marking a 22% decline year-to-date. Despite this downturn, the stock has rebounded by 34% over the last six months, recovering from a 52-week low of $8.91.
Mr. King's share sale was primarily to fulfill tax withholding obligations arising from the vesting of restricted stock units. The transaction aligned with the company's established policy of selling shares automatically to cover such obligations, as outlined in the grant agreement. After selling these shares, Mr. King now directly owns 161,288 shares of Jack in the Box common stock.
As of the latest data, Jack in the Box carries a market capitalization of $270 million, with total debt amounting to $2.48 billion. For those seeking a deeper analysis, InvestingPro subscribers can access a range of insights, including Fair Value estimates and eight additional ProTips specifically for JACK.
In related news, Gordon Haskett recently conducted an analysis of calendar 2026 Street estimate revisions for 22 restaurant companies, examining metrics such as same-store sales, earnings per share, EBITDA, and revenue over the past four quarters. The findings indicated that 12 out of the 22 companies either maintained or increased their estimates following the second-quarter earnings.
Notably, nine companies saw upward revisions, while three kept their estimates steady. Conversely, 10 companies faced downward revisions. These insights shed light on the diverse outlook for restaurant companies' future performance based on recent earnings results.
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