MYERS JAMES M 4
Research Summary
AI-generated summary
Jack in the Box (JACK) Director James M. Myers Receives Award
What Happened
- James M. Myers, a director of Jack in the Box Inc. (JACK), was credited with 1,355 common stock equivalents (CSEs) under the company's Deferred Compensation Plan for Non‑Management Directors on 2026-03-02. The reported acquisition price is $0, so the immediate transaction value is $0. These CSEs will be converted into actual shares of common stock when distribution occurs under the plan.
Key Details
- Transaction date: 2026-03-02. Transaction type: Award/Acquisition (code A). Report filed: 2026-03-17 (appears to be filed after the usual two-business-day Form 4 window).
- Shares/units credited: 1,355 CSEs. Reported acquisition price: $0. Total transaction value reported: $0.
- Shares owned after transaction: Not specified in the excerpt provided (the filing notes total beneficial ownership includes a separate RSU grant filed 3/04/2026).
- Footnotes: F1 — these are common stock equivalents credited under the director deferred compensation plan; the director elected to defer cash retainers and will receive equivalent shares when distributions are made. F2 — the reported total beneficial ownership aggregates an RSU award granted 3/03/2026 (filed on 3/04/2026).
Context
- This was an award of deferred compensation (CSEs), not an open‑market purchase or sale. Such awards reflect compensation/deferral elections rather than a direct market bet on the stock.
- Because the CSEs convert to shares only at distribution, they do not represent immediate share sales or purchases and are generally considered routine director compensation.