Jack in the Box (JACK) interim CEO awarded 186,901-share equity grant
Mark James King, Exec Chairman & Interim CEO of Jack in the Box (JACK), has been awarded a compensation package of 186,901 restricted stock units. These units will vest in twelve equal monthly installments and are subject to a 50% holding requirement on after-tax net shares until a multiple-of-salary stock ownership requirement is met. This equity grant significantly increases King's direct holdings in the company to 199,089 shares, aligning his interests with shareholders.