Form 4: Jack in the Box Director Goebel Reports Dividend Equivalent Acquisition

Sentiment:

SEC Form 4 Filing


Director David Goebel reports acquisition of dividend equivalents on common stock equivalents and vested restricted stock units.

Summary

  • On March 27, 2024, David Goebel, a director of Jack in the Box Inc., reported the acquisition of dividend equivalents.
  • These acquisitions relate to common stock equivalents and vested restricted stock units.
  • 69 dividend equivalents were credited to his account under the Deferred Compensation Plan for Non-Management Directors.
  • 80 dividend equivalents were credited to his account on vested Restricted Stock Units that were deferred until termination of board service.
  • Both acquisitions were related to the quarterly dividend declared on February 16, 2024.
  • Following these transactions, Goebel beneficially owns 33,183 shares of Jack in the Box Inc. common stock.

Sentiment

Score: 7

Explanation: The document is a standard SEC filing detailing a routine transaction. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Industry Context

This filing is a routine disclosure related to director compensation and dividend accruals, common in publicly traded companies.

Stakeholder Impact

  • The transaction has a negligible impact on shareholders as it relates to director compensation.

Key Dates

DateDescription
02/16/2024Quarterly dividend declared
03/27/2024Date of transaction (acquisition of dividend equivalents)

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