Form 4: Jack in the Box Director Michael Murphy Reports Changes in Beneficial Ownership

Director Michael Murphy reports acquisition of common stock due to dividend equivalents under deferred compensation and restricted stock units.

Summary

• On September 19, 2024, Michael W. Murphy, a director of Jack in the Box Inc., reported changes in his beneficial ownership of the company's common stock.
• He acquired 562 shares due to dividend equivalents on outstanding Common Stock Equivalents credited to his account under the Deferred Compensation Plan for Non-Management Directors.
• He also acquired 50 shares representing dividend equivalents on vested Restricted Stock Units that were deferred until his termination of board service.
• Following these transactions, Murphy beneficially owns 72,524 shares of Jack in the Box Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment.

Positives

• The acquisition of shares through dividend equivalents reflects the company's dividend payouts and the director's participation in deferred compensation and restricted stock unit plans.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Key Dates