Form 4: James M. Myers Reports Changes in Beneficial Ownership of Jack in the Box Inc. Stock
SEC Form 4 Filing
Director James M. Myers reports acquisition of additional Jack in the Box Inc. shares through dividend equivalents.
Summary
- James M. Myers, a director of Jack in the Box Inc., reported changes in beneficial ownership on September 19, 2024.
- The report indicates the acquisition of 135 shares of common stock due to dividend equivalents on outstanding Common Stock Equivalents.
- An additional 102 shares were acquired due to dividend equivalents on vested Restricted Stock Units that were deferred.
- Following these transactions, Myers directly owns 32,998 shares of Jack in the Box Inc. common stock.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing indicating a director's increased stake in the company through dividend equivalents, which is generally a neutral to slightly positive signal.
Positives
- The acquisition of shares through dividend equivalents suggests a continued investment and confidence in the company by the director.
Industry Context
Form 4 filings are standard practice for company insiders to report changes in their ownership of company stock, ensuring transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 08/02/2024 | Quarterly dividend declared on this date. |
| 09/19/2024 | Date of transaction: Acquisition of shares due to dividend equivalents. |
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