Jack Henry (JKHY) Amendment: Insider Transaction Code Corrected
Rhea-AI Filing Summary
David B. Foss, a director of Jack Henry & Associates Inc. (JKHY), amended a previously filed insider report to correct the transaction code for a common stock transaction dated 08/04/2025. The corrected entry shows an acquisition of 5,780 shares at $167.28, resulting in 139,265 shares beneficially owned in a direct capacity. The amendment clarifies that the original form misreported the transaction code as "S" when it should have been reported as "F," and the change was submitted to ensure the issuer's insider records are accurate.
Positive
- Amendment filed to correct reporting error, improving the accuracy of insider disclosures
- Ownership figures unchanged; the filing confirms direct beneficial ownership of 139,265 shares
Negative
- Original Form 4 contained a reporting error (transaction code misreported as "S" instead of "F")
- Procedural lapse in initial reporting that required an amendment
Insights
TL;DR Amendment corrects a transaction code for a small direct purchase, preserving disclosure accuracy without changing reported holdings.
The amendment fixes a reporting code error for a common stock transaction on 08/04/2025 that added 5,780 shares at $167.28, leaving total direct beneficial ownership at 139,265 shares. This is a procedural correction rather than a substantive change to ownership figures. For investors, the key takeaway is improved disclosure accuracy; there is no new information about intent or additional transactions beyond the corrected code.
TL;DR Correcting the Form 4 improves compliance and record integrity but signals a minor reporting lapse.
The filing transparently amends a prior Form 4 to change the transaction code from "S" to "F." While the underlying economic details (acquisition of 5,780 shares at $167.28; total direct holdings 139,265) remain unchanged, the correction demonstrates attention to SEC disclosure rules. The event is governance-relevant because timely and accurate insider filings support market transparency, though this specific amendment appears administrative and not material to valuation.