JKHY Form 4 shows director Thomas Wimsett granted 1,220 RSUs
Rhea-AI Filing Summary
Jack Henry & Associates (JKHY) reported an equity award to one of its directors on a Form 4. On November 17, 2025, director Thomas A. Wimsett received 1,220 restricted stock units (RSUs), each equal to one share of JKHY common stock or, at the company’s option, the cash value of a share. The RSUs were granted at a price of $0 as compensation rather than a purchase.
The RSUs vest in full on the earlier of the day before Jack Henry’s 2026 Annual Meeting of Stockholders or the first anniversary of the grant date, aligning the director’s compensation with shareholder interests over that period. Following the grant, the filing shows 1,220 derivative securities beneficially owned directly as restricted stock units.
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FAQ
What did Jack Henry & Associates (JKHY) report on this Form 4?
Jack Henry & Associates (JKHY) reported that director Thomas A. Wimsett received a grant of 1,220 restricted stock units, each representing the right to one share of JKHY common stock or the cash value of a share.
How many JKHY restricted stock units were granted to the director?
The director was granted 1,220 restricted stock units, as disclosed in the derivative securities table.
What is the grant date of the JKHY restricted stock units for the director?
The restricted stock units were granted on November 17, 2025, which is listed as the transaction date.
When do the JKHY restricted stock units granted to the director vest?
The RSUs vest in full on the earlier of (1) the day before Jack Henry’s 2026 Annual Meeting of Stockholders or (2) the first anniversary of the November 17, 2025 grant date.
What is the economic value of each JKHY restricted stock unit granted?
Each restricted stock unit is the economic equivalent of one share of JKHY common stock and represents a contingent right to receive one share or, at the issuer’s option, the cash value of that share.
How many derivative securities does the JKHY director beneficially own after this transaction?
After the reported transaction, the director beneficially owns 1,220 derivative securities in the form of restricted stock units, held directly.