[Form 4] Henry (Jack) & Associates Insider Trading Activity

Rhea-AI Filing Summary

Jack Henry & Associates (JKHY) CFO & Treasurer Mimi Carsley filed a Form 4 covering several equity events on 08/04/2025.

• Exercises: 608 and 1,462 previously granted restricted stock units (RSUs) were converted to common stock (Code M), delivering 2,070 shares.
• Withhold-for-tax: 197 and 473 shares were disposed at $167.28 per share (Code F) to satisfy tax obligations.
• Net change: Direct common-stock ownership rose to 4,243 shares, an increase of roughly 1,389 shares (+49%).
• Derivative holdings: After settling 1,202 vested RSUs, Carsley still holds 5,253 newly granted RSUs vesting equally on 08/04/2026-2028, plus 2,924 unvested RSUs from prior grants.

The transactions were non-open-market and appear to be under a 10b5-1 plan, indicating routine compensation management rather than discretionary buying or selling. Overall, the filing shows a modest increase in insider alignment without a strong directional signal for outside investors.

Positive

• Net share accumulation: Direct ownership increased by about 1,389 shares (+49%), showing deeper insider stake.
• New 5,253-unit RSU grant: Extends incentive horizon to 2028, aligning CFO interests with long-term shareholder value.

Negative

• Tax-related disposals: 670 shares were withheld/sold at $167.28, slightly offsetting the gross acquisition, though routine and non-signal.

Insights

Securities Analyst

TL;DR CFO net adds ~1.4k JKHY shares; new 5.3k-unit RSU grant signals continued equity alignment, impact modest.

The filing reflects standard compensation mechanics: RSU vesting, exercise, and shares withheld for taxes. Net direct ownership grew nearly 50% to 4,243 shares, a positive but small absolute stake for a company of JKHY’s size. The simultaneous grant of 5,253 RSUs extends equity incentives through 2028, aligning management interests with shareholders. Because sales were automatic for tax and purchases were conversions, market-sentiment impact is limited; I rate the news neutral-to-slightly positive for governance, with negligible valuation effect.

Corporate Governance Expert

TL;DR Routine Form 4: increased insider ownership, long-dated vesting; no red flags, minor positive governance signal.

Carsley’s election to defer settlement on 1,202 fully vested RSUs into the deferred-comp plan demonstrates tax-efficient planning and further aligns her pay with company performance. The absence of discretionary open-market selling suggests confidence or at least no bearish stance. Grant size is consistent with peer CFO equity packages. I view the action as governance-friendly yet not materially impactful to investors.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Carsley Mimi

(Last) (First) (Middle)

663 HWY 60

(Street)

MONETT MO 65708

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
JACK HENRY & ASSOCIATES INC [ JKHY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO and Treasurer

3. Date of Earliest Transaction (Month/Day/Year)
08/04/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/04/2025		M		608	A	(1)	3,451	D
Common Stock	08/04/2025		F		197	D	$167.28	3,254	D
Common Stock	08/04/2025		M		1,462	A	(1)	4,716	D
Common Stock	08/04/2025		F		473	D	$167.28	4,243	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	08/04/2025		M			608	(2)	(2)	Common Stock	608	$0	0	D
Restricted Stock Units	(1)	08/04/2025		M			1,462	(3)	(3)	Common Stock	1,462	$0	2,924	D
Restricted Stock Units	(1)	08/04/2025		M			1,202	(4)	(4)	Common Stock	1,202	$0	1,202	D
Vested Restricted Stock Units	(5)	08/04/2025		A		1,202		(5)	(5)	Common Stock	1,202	$0	2,405	D
Restricted Stock Units	(1)	08/04/2025		A		5,253		(6)	(6)	Common Stock	5,253	$0	5,253	D

Explanation of Responses:

1. Each restricted stock unit is the economic equivalent of one share of JKHY common stock and represents a contingent right to receive one share of JKHY common stock or, at the Issuer's option, the cash value thereof.

2. On August 4, 2022, the reporting person was granted restricted stock units, vesting in three equal annual installments on August 4, 2023, 2024 and 2025.

3. On August 4, 2024 the reporting person was granted restricted stock units, vesting in three equal annual installments on August 4, 2025, 2026 and 2027.

4. On August 4, 2023, the reporting person was granted restricted stock units, vesting in three equal annual installments on August 4, 2024, 2025 and 2026.

5. The reporting person has elected to defer settlement of 1,202 restricted stock units, which have fully vested and will become payable, in cash or common stock, at the Issuer's option, upon the reporting person's termination of employment or on specified future dates, pursuant to the reporting person's elections under the Issuer's Deferred Compensation Plan. Each vested restricted stock unit is the economic equivalent of one share of JKHY common stock.

6. On August 4, 2025 the reporting person was granted restricted stock units, vesting in three equal annual installments on August 4, 2026, 2027 and 2028.

Remarks:

	Andrew W. Potter by Power of Attorney For Mimi L. Carsley	08/04/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

How many JKHY shares did CFO Mimi Carsley acquire on 08/04/2025?

She acquired 2,070 shares via RSU conversion and, net of tax disposals, added about 1,389 shares to her direct holdings.

What is Mimi Carsley's new direct share ownership in JKHY?

Following the transactions, she directly owns 4,243 common shares.

How many restricted stock units does the CFO still hold?

She retains 5,253 newly granted unvested RSUs plus 2,924 unvested units from prior grants.

Were any JKHY shares sold on the open market?

No. The 670 shares marked as Code F were automatically withheld at $167.28 for tax, not open-market sales.

Does this Form 4 indicate insider confidence in JKHY?

The net increase in holdings and deferral of settlement are mildly positive signals but stem from routine compensation events rather than discretionary buying.