Form 4: Director Stock Acquisition at Jack in the Box
Statement of Changes in Beneficial Ownership
Director James M. Myers acquired common stock equivalents under a deferred compensation plan at Jack in the Box Inc.
Summary
- Director James M. Myers acquired 2,196 common stock equivalents (CSEs) on June 1, 2026, valued at $0.00.
- These CSEs were credited to his account under the Jack in the Box Inc. Deferred Compensation Plan for Non-Management Directors.
- The acquisition represents an election to defer annual cash retainers for director services.
- At the end of his service, the company will issue shares of common stock equivalent to the total CSEs accumulated.
- Following this transaction, Mr. Myers beneficially owns 48,952 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard disclosure of director compensation and does not indicate new financial performance or strategic shifts.
Positives
- Director compensation structure allows for deferral of cash retainers into equity equivalents, aligning director interests with long-term shareholder value.
- The acquisition of 2,196 CSEs indicates continued participation and commitment from a director.
Negatives
- The reported acquisition of CSEs has a transaction value of $0.00, suggesting it's a non-cash event related to deferred compensation rather than an open market purchase.
Future Outlook
The company will issue shares of common stock to the reporting person equivalent to the total number of CSEs credited to their account at the time of distribution, upon the end of their service as a director.
Industry Context
StockSavvy.ai notes that the use of deferred compensation plans for directors is a common practice in the restaurant industry to incentivize long-term commitment and align executive interests with shareholder value.
Related Party Transactions
- The transaction involves James M. Myers, a Director, and the Jack in the Box Inc. Deferred Compensation Plan for Non-Management Directors.
Stakeholder Impact
- Shareholders: The plan aligns director interests with long-term shareholder value by deferring compensation into equity.
- Directors: Provides a mechanism for directors to defer compensation and accumulate potential equity.
Next Steps
- Distribution of common stock to James M. Myers upon the end of his service as a director, based on accumulated CSEs.
Key Dates
| Date | Description |
|---|---|
| 06/01/2026 | Transaction date for acquisition of common stock equivalents. |
| 06/02/2026 | Date of signature for the filing. |
Keywords
Jack in the Box, JACK, Form 4, SEC Filing, Director Compensation, Deferred Compensation, Stock Equivalents, Beneficial Ownership
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