Form 4: Jack in the Box Director Vivien Man Wein Yeung Acquires Shares Through Dividend Equivalents

Director Vivien Man Wein Yeung acquired additional shares of Jack in the Box stock through dividend equivalents under the company's deferred compensation plan.

Summary

• Vivien Man Wein Yeung, a director at Jack in the Box Inc., acquired 55 shares of common stock through dividend equivalents on outstanding Common Stock Equivalents.
• She also acquired 66 shares of common stock through dividend equivalents on vested Restricted Stock Units that were deferred until her termination of board service.
• Both transactions occurred on December 30, 2024, and the shares were acquired at a price of $0.00.
• These dividend equivalents were credited to her account based on the quarterly dividend declared on November 15, 2024.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed positively as it aligns director interests with shareholders. There are no negative implications.

Positives

• The acquisition of shares through dividend equivalents indicates a continued investment in the company by a director.
• The deferred compensation plan allows directors to accumulate shares over time, aligning their interests with long-term shareholder value.

Industry Context

This is a routine filing related to director compensation and is common practice for publicly traded companies. It reflects the company's compensation structure and alignment of director interests with shareholders.

Comparison to Industry Standards

• Many publicly traded companies use deferred compensation plans and restricted stock units as part of their director compensation packages.
• The use of dividend equivalents is a standard practice to ensure that directors receive the same benefits as shareholders.

Stakeholder Impact

• The share acquisitions have a minor positive impact on shareholders as it demonstrates director commitment to the company.

Key Dates

Keywords

Jack in the Box, Director, Dividend Equivalents, Share Acquisition, Deferred Compensation, Restricted Stock Units, Form 4, Insider Trading