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

Sentiment:

SEC Form 4 Filing


Director Sharon Price John acquired 92 shares of Jack in the Box stock through dividend equivalents on vested restricted stock units.

Summary

  • Director Sharon Price John acquired 92 shares of Jack in the Box common stock on December 30, 2024.
  • The shares were acquired through dividend equivalents on vested restricted stock units.
  • These dividend equivalents were deferred until the director's termination of board service.
  • The dividend equivalents were credited to the director's account on the dividend record date for the quarterly dividend declared on November 15, 2024.
  • The acquisition price was $0.00 per share.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to positively. The acquisition of shares by a director can be seen as a positive sign of confidence in the company.

Positives

  • The acquisition of shares by a director can be seen as a positive sign of confidence in the company.

Industry Context

This is a routine filing related to director compensation and is not indicative of any broader industry trends.

Comparison to Industry Standards

  • Director compensation through stock and dividend equivalents is a common practice in publicly traded companies.
  • Many companies use restricted stock units and dividend equivalents as part of their executive compensation packages.
  • The specific terms and conditions of these arrangements can vary widely between companies.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it shows director confidence in the company.

Key Dates

DateDescription
11/15/2024Dividend record date for the quarterly dividend.
12/30/2024Date of share acquisition by Sharon Price John.

Keywords

Jack in the Box, Director, Sharon Price John, Dividend Equivalents, Restricted Stock Units, Share Acquisition, Form 4

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