Jack Henry (JKHY) director lines up multimillion share sale
Rhea-AI Filing Summary
JACK HENRY & ASSOCIATES INC (JKHY) director David B. Foss filed a Rule 144 notice indicating an intention to sell up to 22,500 shares of common stock through Raymond James & Associates, with a stated aggregate market value of $3,825,000. The shares relate to equity incentive plan awards. The notice also reports a prior sale in the last three months of 7,500 shares for $1,199,869.
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Key Figures
Planned shares to be sold: 22,500 shares
Aggregate market value of planned sale: $3,825,000.00
Shares sold in past 3 months: 7,500 shares
+1 more
4 metrics
Planned shares to be sold
22,500 shares
Common stock covered by the Rule 144 notice for David B. Foss
Aggregate market value of planned sale
$3,825,000.00
Value associated with 22,500 JKHY common shares in the planned Rule 144 sale
Shares sold in past 3 months
7,500 shares
Common stock sold by David B. Foss on 07/29/2026
Value of shares sold in past 3 months
$1,199,869.00
Proceeds from 7,500 JKHY shares sold on 07/29/2026
Key Terms
Rule 144, Equity Incentive Plan, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Equity Incentive Plan financial
"Common | 08/27/2025 | Equity Incentive Plan | Issuer"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
attorney-in-fact regulatory
"as attorney-in-fact for David B Foss"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does the Form 144 filing disclose for JACK HENRY & ASSOCIATES INC (JKHY)?
It discloses that director David B. Foss intends to sell up to 22,500 JKHY common shares under Rule 144 through Raymond James & Associates, with an indicated aggregate market value of $3,825,000, sourced from equity incentive plan awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.