Form 4: Jack in the Box Director Acquires and Disposes of Shares
SEC Form 4 Filing
Director Enrique Ramirez reports acquisition of 3,490 shares and disposal of shares of Jack in the Box Inc. common stock on March 3, 2025.
Summary
- On March 3, 2025, Enrique Ramirez, a director of Jack in the Box Inc., reported a transaction involving the company's common stock.
- Ramirez acquired 3,490 shares of common stock.
- Ramirez also disposed of shares.
- Following the reported transactions, Ramirez beneficially owns 5,163 shares of Jack in the Box Inc. common stock.
- The 3,490 shares acquired are restricted stock units that vest 100% on March 3, 2026.
- These shares are issued on that date unless Ramirez elects to defer receipt until termination of their Board service.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a director's stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common practice in publicly traded companies. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the director's stake in the company.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of transaction: acquisition and disposal of shares. |
| 03/03/2026 | Vesting date for restricted stock units. |
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