Jack Henry CEO Adelson Reports Share Grant and Sale in Form 4
Rhea-AI Filing Summary
Gregory R. Adelson, who serves as a director and as President & CEO of Jack Henry & Associates Inc. (JKHY), reported transactions dated 08/28/2025. The Form 4 shows an acquisition of 2,522 common shares at $0 (reported as indirect ownership by trust) and a disposition of 1,119 common shares at $162.74, leaving 19,036 shares beneficially owned indirectly by a trust after the transactions. The form is signed by Andrew Potter by power of attorney for Mr. Adelson on 09/02/2025.
Positive
- Acquisition documented: 2,522 common shares acquired (reported at $0), increasing reported holdings by that amount
- Clear disclosure: Form 4 provides post-transaction beneficial ownership (19,036 shares) and identifies reporting person roles
Negative
- Insider sale: Disposition of 1,119 shares at $162.74 was reported on the same date
- Limited detail on nature of acquisition: Filing does not specify why shares were acquired at $0 (e.g., vesting, gift, or other)
Insights
TL;DR: Insider reported both a small sale and a larger acquisition, ending with 19,036 shares held indirectly.
The filing documents a non-derivative acquisition of 2,522 common shares at $0 and a sale of 1,119 shares at $162.74 on 08/28/2025, with ownership held indirectly by a trust. The zero-price acquisition likely reflects vesting or restricted-share issuance rather than an open-market purchase; however, the form does not specify the reason. The transactions are modest in size relative to typical executive holdings and do not, on their face, indicate a material shift in ownership or control.
TL;DR: Routine insider activity reported; transactions are documented and executed via power of attorney.
The report identifies Mr. Adelson as both a director and the President & CEO and shows the Form 4 was executed by a POA (Andrew Potter) on 09/02/2025. The mix of an award/transfer (A) and a disposition (F) is consistent with common executive equity events such as vesting and partial sale for tax or diversification purposes. The filing provides clear post-transaction beneficial ownership figures, satisfying Section 16 disclosure requirements.