Jack in the Box director receives stock award
Jack in the Box Inc. director James M. Myers reported acquiring 2,196 common stock equivalents as a compensation award.
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Rhea-AI Filing Summary
Jack in the Box Inc. director James M. Myers reported acquiring 2,196 common stock equivalents as a compensation award. These units were credited under the company’s Deferred Compensation Plan for Non Management Directors in lieu of cash retainers. The filing states that, when his board service ends, the company will issue shares of common stock equal to the total common stock equivalents in his account. Following this award, he holds 48,952 shares or common stock equivalents directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 2,196 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents common stock equivalents (CSEs) credited to the reporting person's account under the Jack in the Box Inc. Deferred Compensation Plan for Non Management Directors. The reporting person elected to defer receipt of annual cash retainers for service as a director, paid quarterly, and credited with CSEs (and fractions thereof). At the end of the reporting person's service as a director, the Company will issue to the reporting person the number of shares of common stock equal to the total number of CSEs credited to the reporting person's account at the time of distribution.
Key Figures
Key Terms
common stock equivalents (CSEs) financial
Deferred Compensation Plan for Non Management Directors financial
annual cash retainers financial
distribution financial
FAQ
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What did Jack in the Box (JACK) director James M. Myers report on this Form 4?
Is the James M. Myers Form 4 transaction in JACK stock a market purchase or sale?
How does the Jack in the Box deferred compensation plan work for non-management directors?
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