When JMKE insiders can sell
Jersey Mike's Subs Inc. · IPO prospectus filed 2026-07-31 · Not machine-readable
The prospectus does not contain a lock-up period this parser can resolve to a date, so there is no date to publish. An assumed 180 days would be a guess with a filing link next to it.
Where the share count comes from
The prospectus never prints the number of shares coming free, and nothing in it lets the figure be derived. That is why this deal carries no flow math.
| Underwriters' over-allotment option | 6,521,739 |
| Sold by existing holders in the IPO | 29,695,652 |
Exceptions written into the lock-up (4)
Each of these is a route by which JMKE shares can move before the expiry. The 10b5-1 carve-out is the one worth reading twice: it lets insiders put a selling plan in place during the lock-up, so the first sales can be automatic and immediate rather than discretionary and later.
- bona fide gift or charitable transfer
- estate planning or family transfer
- pledge as collateral
- directed share program participants
…, any partnership or limited liability company of which a participant, or such participant and such participant s family members, are the sole member(s), and a beneficiary to whom donations are eligible to be treated as charitable contributions for tax purposes. Amendment and Termination. Our board of directors may amend, alter, suspend, discontinue or terminate our Omnibus Incentive Plan or any portion thereof at any time; provided, that no such amendment, alteration, suspension, discontinuance, or termination may be made without stockholder approval if (i) such approval is necessary to comply with any regulatory requirement applic…
These balances represent advances and loans made by the Company to entities owned by a minority equity holder, and members of his immediate family. These advances and notes to franchise owners are unsecured, bear varying interest rates, and expected to be repaid to the Company in the normal course of business. Operating Leases The Company leases corporate office space from an entity owned by the family of the minority equity holder. Rent expense under this arrangement totaled $1 million, less than $1 million, $1 million, and $1 million for the periods from January 16 to December 28, 2025 and January 1 to January 15, 2025, and the years ended December 31, 2024 and 2023, respectively.
…ment of specified amounts, including specified make-whole payments in the case of the Securitization Notes under certain circumstances, (iii) certain indemnification payments in the event, among other things, the assets pledged as collateral for the Securitization Notes are in stated ways defective or ineffective, and (iv) covenants relating to recordkeeping, access to information, and similar matters. As of March 29, 2026, the Master Issuer was in compliance with all covenants. If the Master Issuer has not repaid or refinanced the Securitization Notes prior to the respective anticipated repayment dates, additional interest will accrue pursuant to the Indenture.
See Underwriting (Conflicts of Interest) Directed Share Program. The underwriters expect to deliver the shares of our Class A common stock against payment in New York, New York on or about July 31, 2026. Global Coordinators and Joint Bookrunning Managers Morgan Stanley Jefferies J.P. Morgan Co-Global Coordinators and Joint Bookrunning Managers Barclays Guggenheim Securities Joint Bookrunning Managers BofA Securities Goldman Sachs & Co. LLC Evercore ISI UBS…
What we could not establish
JMKE is read but not publishable: no machine-readable lock-up period in the prospectus. So there is no absorb-day figure on this page and no call, and there will not be one until the number exists in a filing.
The common case is a prospectus that says "substantially all" of the locked shares become eligible for sale without ever printing a count. The clause above is quoted in full so you can see that for yourself. An estimate presented with a filing link beside it would read as a filing figure, and that is worse than an admission — it is the one failure mode a reader cannot detect.
How this reading of JMKE could be wrong
The structure is not machine-readable. The clause was found but its shape — single cliff, earlier-of, staged — could not be classified, so no structural claim is made about it on this page.
The volume is a vendor's, not ours. JMKE is not in our own price table, so average daily volume comes from yahoo-finance2 daily bars (symbol not in our price table). Vendor bars for recently listed symbols are the ones most likely to be wrong.
Only 20 sessions of volume history. This is a recent IPO, and early volume is dominated by the offering itself. An average over 20 sessions of a stock that has barely traded is the weakest input on the page, and absorb days inherits every bit of that weakness.
The parser can misread a filing. That is why every number here is printed next to the words it came from. Earlier versions of this parser read the underwriters' 30-day over-allotment window as a 30-day lock-up on five deals, and double-counted one issuer's share total because the offering summary appears on both the cover and in the summary section.
Learn to read these clauses yourself
The flow arithmetic on this page — shares unlocking divided by average daily volume, and why the clause has to be read rather than assumed — taught step by step, free.
Radar built 2026-11-07 from EDGAR full-text search over 424B4 filings · all 80 parsed lock-ups and the scoreboard · JMKE's prospectus on EDGAR · what funds carried these companies at before listing