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 2,196 common stock equivalents (CSEs) on June 1, 2026. The reported acquisition shows 2,196 shares at $0.00 (total reported value $0) as these are bookkeeping credits, not a cash purchase.
- This was an award/deferral of fees under the company's Deferred Compensation Plan for Non-Management Directors rather than an open-market purchase or sale.
Key Details
- Transaction date and type: 2026-06-01 — Grant/award (reported code A).
- Shares credited: 2,196 common stock equivalents (CSEs); reported acquisition price $0.00 (no cash change).
- Shares owned after transaction: Not specified in the filing.
- Footnote: These are CSEs credited under the Deferred Compensation Plan. At the end of the director’s service, the company will issue the number of common shares equal to the total CSEs credited at distribution.
- Filing timeliness: Reported on 2026-06-02 for a 2026-06-01 transaction (appears timely). No 10b5-1 plan, tax withholding, or sale reported.
Context
- Common stock equivalents are bookkeeping units used in deferred-compensation plans; they do not represent immediately tradable shares until converted at distribution. This transaction reflects routine director compensation deferral rather than a directional buy or sell signal.