Form 4: Jack in the Box Director Acquires Additional Shares Through Dividend Equivalents

Madeleine Kleiner, a director at Jack in the Box Inc., acquired 96 shares of common stock through dividend equivalents on vested restricted stock units.

Summary

• On September 19, 2024, Madeleine Kleiner, a director of Jack in the Box Inc., acquired 96 shares of common stock.
• The acquisition was a result of dividend equivalents on vested Restricted Stock Units (RSUs) that were deferred until termination of board service.
• These dividend equivalents were credited to Kleiner's account on the dividend record date for the quarterly dividend declared on August 2, 2024.
• Following the transaction, Kleiner directly owns 22,656 shares of Jack in the Box Inc. common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a director's continued investment in the company, which can be seen as a sign of confidence. However, the transaction is relatively small and routine.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's continued investment in the company through dividend reinvestment.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired through dividend equivalents.

Key Dates