Insider Trading January 28, 2026

Jack in the Box CEO Sells 3,150 Shares to Cover RSU Taxes; Company Navigates Debt Paydown, Del Taco Sale and Analyst Cautions

Lance F. Tucker sold stakes worth roughly $68,764 as Jack in the Box advances elements of its JACK on Track plan amid mixed analyst views

By Jordan Park JACK
Jack in the Box CEO Sells 3,150 Shares to Cover RSU Taxes; Company Navigates Debt Paydown, Del Taco Sale and Analyst Cautions
JACK

Jack in the Box Inc. Chief Executive Lance F. Tucker sold 3,150 shares on January 28, 2026, for about $68,764 to satisfy tax obligations from vested restricted stock units. The company has also repaid $105 million of secured notes and completed the sale of Del Taco Holdings, while several brokerages adjust outlooks amid a transitional year.

Key Points

  • Jack In The Box CEO Lance F. Tucker sold 3,150 shares on January 28, 2026 for about $68,764 to cover taxes from vested restricted stock units.
  • The company repaid $105 million of Series 2019-1 4.476% Fixed Rate Senior Secured Notes as part of its "JACK on Track" strategic plan and completed the sale of Del Taco Holdings for approximately $119 million (including a $10 million promissory note).
  • Analysts are cautious: UBS maintained a Neutral rating while Mizuho and TD Cowen lowered price targets to $16, citing concerns about same-store sales, margin visibility and a challenging fiscal 2025 finish - implications for the quick-service restaurant and consumer discretionary sectors.

Lance F. Tucker, who serves as director and chief executive officer of Jack In The Box Inc, executed a sale of 3,150 shares of the hamburger chain's common stock on January 28, 2026, generating approximately $68,764 in proceeds.

The transactions occurred at a price of $21.83 per share, which is modestly higher than the stock's current trading level of $20.81. The disposition was carried out in two tranches - a sale of 1,678 shares followed by a sale of 1,472 shares - and was undertaken to satisfy tax obligations tied to the vesting of restricted stock units.

After these sales, Tucker is reported to own 204,068 shares of Jack In The Box directly. The company itself is described as a fast-food chain with a market capitalization of $397 million, and InvestingPro data lists an 8.46% dividend yield for the stock.


Alongside the insider sale, Jack In The Box has recorded several corporate finance moves that form part of its ongoing strategic repositioning. Management announced the repayment of $105 million of the Series 2019-1 4.476% Fixed Rate Senior Secured Notes, an action framed as consistent with the company's "JACK on Track" strategic plan intended to bolster its balance sheet.

In a separate transaction tied to portfolio simplification, Jack In The Box completed the sale of Del Taco Holdings to Yadav Enterprises for approximately $119 million. The consideration included roughly $109 million in cash plus a $10 million promissory note.

Market watchers have reacted to the company’s mixed signals. UBS has preserved a Neutral rating, describing fiscal 2026 as a "rebuilding year" even as early momentum has cooled. Mizuho lowered its price target to $16, citing concerns about same-store sales growth and margin visibility despite a fourth quarter that beat expectations. TD Cowen also trimmed its price target to $16, pointing to a difficult finish to fiscal 2025 and noting that the company is in the early phases of its turnaround plan.

These developments - insider selling to meet tax liabilities, debt reduction under a named strategic plan, a portfolio divestiture, and revised analyst targets - illustrate the company’s efforts to navigate a complex operating and capital environment. The company’s dividend yield, leverage moves, and external scrutiny by analysts are likely to remain focal points for investors evaluating Jack In The Box as it progresses through its stated restructuring efforts.

Risks

  • Uncertainty around same-store sales growth and margin visibility, as flagged by Mizuho and TD Cowen - affecting investor confidence in the quick-service restaurant sector.
  • Potential pressure from a transitional "rebuilding year" for fiscal 2026, per UBS - creates near-term operational and market risk for Jack In The Box.
  • Dependence on strategic execution - debt paydown, portfolio moves, and the turnaround plan must perform as intended to reassure investors; failure to do so could impact the consumer discretionary and capital markets that provide financing.

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