Jack in the Box Announces Executive Compensation and Director Changes
Ticker: JACK · Form: 8-K · Filed: Nov 12, 2024 · CIK: 807882
Sentiment: neutral
Topics: corporate-governance, executive-compensation, board-of-directors
Related Tickers: JACK
TL;DR
Jack in the Box filed an 8-K detailing executive comp changes and new directors.
AI Summary
On November 6, 2024, Jack in the Box Inc. announced changes in its executive compensation arrangements. The filing details the election of new directors and the appointment of certain officers, alongside updates to compensatory arrangements for key executives. Specific dollar amounts and names of individuals involved in these compensation changes are not detailed in this initial filing.
Why It Matters
Changes in executive compensation and board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing primarily concerns routine corporate governance and executive compensation disclosures, with no immediate financial distress or significant operational changes indicated.
Key Players & Entities
- JACK IN THE BOX INC. (company) — Registrant
- November 6, 2024 (date) — Earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- 9357 Spectrum Center Blvd, San Diego, CA 92123 (address) — Principal executive offices
FAQ
What specific items are covered in this 8-K filing?
This 8-K filing covers the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements of certain officers, as well as financial statements and exhibits.
When was the earliest event reported in this filing?
The earliest event reported in this filing was on November 6, 2024.
What is the principal executive office address for Jack in the Box Inc.?
The principal executive office address for Jack in the Box Inc. is 9357 Spectrum Center Blvd, San Diego, CA 92123.
What is the Standard Industrial Classification code for Jack in the Box Inc.?
The Standard Industrial Classification code for Jack in the Box Inc. is 5812, which corresponds to RETAIL-EATING PLACES.
What is the fiscal year end for Jack in the Box Inc.?
The fiscal year end for Jack in the Box Inc. is September 29 (0929).
Filing Stats: 1,316 words · 5 min read · ~4 pages · Grade level 11.3 · Accepted 2024-11-12 16:58:47
Key Financial Figures
- $650,000 — o receive: (a) an annual base salary of $650,000; (b) a one-time gross cash bonus of $20
- $200,000 — 000; (b) a one-time gross cash bonus of $200,000 payable the first pay period from the C
- $500,000 — units ("RSUs") equal to an LTI value of $500,000, with the number of shares determined b
- $1,000,000 — ve award grant equal to an LTI value of $1,000,000 at grant, which may be made in the fo
Filing Documents
- jack-20241106.htm (8-K) — 32KB
- ex991-pressreleasextucker.htm (EX-99.1) — 7KB
- ex992-offerletterxtucker.htm (EX-99.2) — 23KB
- deltaco.jpg (GRAPHIC) — 10KB
- jackinthebox.jpg (GRAPHIC) — 3KB
- 0000807882-24-000038.txt ( ) — 212KB
- jack-20241106.xsd (EX-101.SCH) — 2KB
- jack-20241106_lab.xml (EX-101.LAB) — 21KB
- jack-20241106_pre.xml (EX-101.PRE) — 12KB
- jack-20241106_htm.xml (XML) — 3KB
01 FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits. Exhibit No. Description 99.1 Press Release of Jack in the Box Inc. dated November 12, 2024 99.2 Offer Letter by and between Lance Tucker and Jack in the Box Inc., dated November 6, 2024
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. JACK IN THE BOX INC. November 12, 2024 /s/ Darin Harris Darin Harris Executive Vice President, Chief Executive Officer