Form 4: Jack in the Box Director Acquires Restricted Stock Units

Vivien Man Wein Yeung, a director at Jack in the Box Inc., acquired 1,673 restricted stock units on March 4, 2024.

Summary

• On March 4, 2024, Vivien Man Wein Yeung, a director of Jack in the Box Inc., acquired 1,673 shares of common stock in the form of restricted stock units.
• The restricted stock units were acquired at a price of $0.00.
• These restricted stock units vest 100% on March 4, 2025.
• Following the transaction, Yeung directly owns 14,053 shares of Jack in the Box Inc.
• The transaction was reported on a Form 4 filing with the SEC.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by a director generally indicates confidence in the company's prospects, but it's a routine transaction.

Positives

• The acquisition of restricted stock units by a director signals confidence in the company's future performance.

Future Outlook

The restricted stock units vest 100% on March 4, 2025, unless the reporting person has elected to defer receipt of the shares until termination of their Board service.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates a director's acquisition of restricted stock units, which is a common form of executive compensation.

Stakeholder Impact

• The acquisition of restricted stock units by a director could have a slightly positive impact on shareholder sentiment.

Key Dates