Form 4: Madeleine Kleiner Reports Acquisition of Jack in the Box Inc. Shares

Director Madeleine Kleiner acquired 1,673 shares of Jack in the Box Inc. common stock on March 4, 2024, bringing her total holdings to 22,422 shares.

Summary

• On March 4, 2024, Madeleine Kleiner, a director of Jack in the Box Inc., acquired 1,673 shares of the company's common stock.
• The acquisition was made at a price of $0.00 per share.
• Following the transaction, Kleiner's total beneficial ownership of Jack in the Box Inc. common stock is 22,422 shares.
• The acquired securities are restricted stock units that vest 100% on March 4, 2025, and are issued on that date unless the reporting person has elected to defer receipt of the shares until termination of their Board service.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a director's stock acquisition. While insider buying can be seen as a positive signal, it's not necessarily a strong indicator of future performance.

Positives

• The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.

Future Outlook

The restricted stock units vest on March 4, 2025, unless deferred until termination of Board service.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates a director's acquisition of company stock, which is a common occurrence.

Stakeholder Impact

• The acquisition of shares by a director could potentially increase investor confidence.

Key Dates