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

Director Madeleine Kleiner reported acquiring 59 shares of Jack in the Box Inc. common stock due to dividend equivalents on vested Restricted Stock Units.

Summary

• On March 27, 2024, Madeleine Kleiner, a director of Jack in the Box Inc., reported acquiring 59 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 February 16, 2024.
• Following the transaction, Kleiner directly owns 22,481 shares of Jack in the Box Inc. common stock.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to insider transactions. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock. It is a normal part of being a director of a publicly traded company.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired by a director.

Key Dates