Form 4: Jack Henry & Associates Executive Board Chair David Foss Sells Shares
SEC Form 4 Filing
David Foss, Executive Board Chair of Jack Henry & Associates, sold 15,000 shares of common stock in multiple transactions on May 12, 2025.
Summary
- David Foss, the Executive Board Chair of Jack Henry & Associates, sold 10,682 shares of common stock at a weighted average price of $180.54 on May 12, 2025.
- He also sold 4,318 shares at a weighted average price of $181.23 on the same day.
- Following these transactions, Foss directly owns 123,665 shares of Jack Henry & Associates common stock.
- Additionally, Foss indirectly owns 4,936 shares through a 401(k) plan.
- The sales were executed in multiple transactions with prices ranging from $180.22 to $180.99 and $181.00 to $181.70.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive. It doesn't inherently convey positive or negative sentiment, but the market's reaction will depend on its interpretation of the sale.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors for insights into management's perspective on the company's future prospects. However, without additional context, it's difficult to determine the specific reasons behind this sale.
Comparison to Industry Standards
- Executive stock sales are a normal part of corporate governance.
- Comparing the size and frequency of these sales to those of executives at comparable companies like Fiserv, Fidelity National Information Services (FIS), and Global Payments could provide a benchmark for assessing whether this transaction is typical or unusual.
Stakeholder Impact
- The stock sale could potentially influence investor sentiment, depending on how the market interprets the transaction.
- The impact on employees, customers, suppliers, and creditors is likely to be minimal, as this is a personal financial decision by an executive.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of plan information for shares held in the Jack Henry & Associates Inc. 401(k) plan. |
| 05/12/2025 | Date of stock sale transactions. |
| 05/13/2025 | Date of signature on the Form 4 filing. |
Keywords
Jack Henry & Associates, David Foss, stock sale, Form 4, executive board chair, JKHY, share, transaction
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