Form 4: Jack Henry & Associates Executive Board Chair David Foss Reports Stock Transactions
SEC Form 4 Filing
David Foss, Executive Board Chair of Jack Henry & Associates, reports acquisition of shares through stock awards and disposition of shares to cover tax obligations.
Summary
- On August 29, 2024, David B. Foss, Executive Board Chair of Jack Henry & Associates, reported transactions involving the company's common stock.
- Foss acquired 23,640 shares of common stock at $0, likely as part of a stock award.
- He also disposed of 9,304 shares at a price of $173.76 to cover tax obligations.
- Following these transactions, Foss directly owns 153,942 shares and indirectly owns 4,887 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock transactions, which are a normal part of executive compensation.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine adjustments to the executive's stock holdings.
Key Dates
| Date | Description |
|---|---|
| June 30, 2024 | Date of plan statement for 401(k) holdings. |
| August 29, 2024 | Date of stock acquisition and disposition. |
| September 03, 2024 | Date of Form 4 filing. |
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