Form 4: Jack in the Box Director Yeung Man Wein Vivien Reports Dividend Equivalent Acquisitions

Director Yeung Man Wein Vivien reports acquisition of common stock equivalents and vested restricted stock units due to dividend equivalents.

Summary

• On June 25, 2024, Vivien Man Wein Yeung, a director of Jack in the Box Inc., reported the acquisition of 42 shares of common stock equivalents due to dividend equivalents.
• These dividend equivalents were credited to the reporting person's account under the Jack in the Box Inc. Deferred Compensation Plan for Non-Management Directors on the dividend record date for the quarterly dividend declared on May 10, 2024.
• Additionally, 50 shares were acquired representing dividend equivalents on vested Restricted Stock Units that were deferred by the reporting person until his or her termination of board service, also credited on the dividend record date of May 10, 2024.
• Following these transactions, Yeung Man Wein Vivien directly owns 14,214 shares of Jack in the Box Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing relates to routine dividend equivalent transactions for a director.

Positives

• The director's increased stake in the company, albeit through dividend equivalents, could be seen as a positive sign of alignment with shareholder interests.

Industry Context

This filing is a routine disclosure related to director compensation and dividend accruals, common in publicly traded companies.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, primarily reflecting internal compensation mechanisms for the board of directors.

Key Dates