Form 4: Jack in the Box Director Madeleine Kleiner Reports Acquisition of Common Stock

Director Madeleine Kleiner reported acquiring 79 shares of Jack in the Box Inc. common stock due to dividend equivalents on vested Restricted Stock Units.

Summary

• On June 25, 2024, Madeleine Kleiner, a director of Jack in the Box Inc., reported acquiring 79 shares of common stock.
• The acquisition was a result of dividend equivalents on vested Restricted Stock Units that were deferred until termination of board service.
• These dividend equivalents were credited to Kleiner's account on the dividend record date for the quarterly dividend declared on May 10, 2024.
• Following the transaction, Kleiner directly owns 22,560 shares of Jack in the Box Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a routine transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's continued investment in the company through dividend equivalents.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it reflects a standard compensation practice for directors.

Key Dates