Jack in the Box (NASDAQ: JACK) director receives 8,235 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DIAZ GUILLERMO JR reported acquisition or exercise transactions in this Form 4 filing.
Jack in the Box Inc. director Guillermo Diaz Jr reported an award of 8,235 shares of common stock in the form of restricted stock units. These units vest 100% on March 3, 2027 and are then issued, unless he elects to defer receipt until his Board service ends. Following this grant, his direct holdings total 14,730 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DIAZ GUILLERMO JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 8,235 | $0.00 | -- |
Holdings After Transaction:
COMMON STOCK — 14,730 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did JACK director Guillermo Diaz Jr report?
Director Guillermo Diaz Jr reported acquiring 8,235 shares of JACK common stock through a restricted stock unit award. The grant was reported as a non-derivative acquisition with no cash purchase price, increasing his directly held position to 14,730 shares after the transaction.
When do Guillermo Diaz Jr’s JACK restricted stock units vest?
The restricted stock units granted to Guillermo Diaz Jr vest 100% on March 3, 2027. On that date, shares are issued to him unless he has chosen to defer receipt until his Board service with Jack in the Box Inc. terminates under the plan terms.
What does transaction code "A" mean in the JACK Form 4 for Guillermo Diaz Jr?
Transaction code "A" on the JACK Form 4 indicates a grant, award, or other acquisition of securities. For Guillermo Diaz Jr, it reflects a restricted stock unit award rather than an open-market purchase, with no cash price per share shown in the filing.
Are Guillermo Diaz Jr’s JACK restricted stock units immediately transferable?
The restricted stock units are not immediately issued as common shares and vest 100% on March 3, 2027. Shares are delivered then unless he elects to defer issuance until his Board service ends, which affects when he actually receives tradable stock.