Form 4: Jack in the Box Director James M. Myers Reports Acquisition of Common Stock

Sentiment:

SEC Form 4 Filing


Director James M. Myers reports acquiring additional shares of Jack in the Box Inc. common stock due to dividend equivalents.

Summary

  • On April 8, 2025, James M. Myers, a director of Jack in the Box Inc., reported acquiring 226 shares of common stock due to dividend equivalents under the Deferred Compensation Plan.
  • He also acquired 197 shares of common stock representing dividend equivalents on vested Restricted Stock Units that were deferred until termination of board service.
  • Following these transactions, Myers directly owns 37,166 shares of Jack in the Box Inc. common stock.

Sentiment

Score: 7

Explanation: The document reflects routine transactions related to director compensation, indicating stable corporate governance practices. It is neither overwhelmingly positive nor negative.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

  • The acquisition of shares by a director may be viewed positively by shareholders as it aligns the director's interests with those of the shareholders.

Key Dates

DateDescription
02/21/2025Quarterly dividend declared.
04/08/2025Date of transaction and report filing.

Keywords

Form 4, Director, Dividend Equivalents, Common Stock, Beneficial Ownership, JACK, Jack in the Box Inc.

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