Jack in the Box Inc. (NASDAQ:JACK) disclosed that Mark James King, its Executive Chairman and Interim CEO, sold 7,977 shares of common stock on November 13, 2026, for a total value of $112,555. The shares changed hands at $14.11 apiece.
The disposition was not a discretionary trade. According to the grant agreement, the sale was executed to satisfy tax withholding obligations triggered by the vesting of restricted stock units, consistent with the company's automatic sell-to-cover policy. After the transaction, King directly holds 161,288 shares of Jack in the Box common stock.
The company currently carries a market capitalization of $270 million and operates with $2.48 billion in total debt. The stock last traded at $14.75, down 22% year-to-date, though it has rebounded 34% over the past six months from its 52-week low of $8.91.
Restaurant Sector Estimate Revisions in Focus
In a separate development, Gordon Haskett analyzed calendar 2026 Street estimate revisions for more than 20 restaurant companies, examining same-store sales, earnings per share, EBITDA, and revenue over the last four quarters. The firm reported that 12 out of 22 companies had their calendar 2026 Street estimates either maintained or increased following second-quarter earnings. Specifically, nine companies experienced upward revisions, while three companies' estimates remained unchanged. Meanwhile, 10 companies faced downward revisions.
These findings highlight the varying expectations for restaurant companies' future performance based on recent earnings results. The analysis provides a comprehensive view of how these companies are projected to perform in the coming years.