Jack Henry CLO reports RSU grants and deferrals
Morgan Craig Keith, CLO & Secretary of Jack Henry & Associates Inc., reported multiple equity-compensation transactions dated August 4, 2026.
Rhea-AI Filing Summary
Morgan Craig Keith, CLO & Secretary of Jack Henry & Associates Inc., reported multiple equity-compensation transactions dated August 4, 2026. Activity included derivative exercises involving 2,169 Restricted Stock Units, a new grant of 2,942 RSUs, and deferral of 708 and 198 fully vested RSUs into the issuer’s Deferred Compensation Plan. Common shares were delivered or withheld for payment of exercise price or tax liability under code F in amounts of 295 and 262 shares at $156.5300 per share. Following these transactions, 1,226 common shares are held indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,169 shares exercised/converted
Exercise
11 txns
Insider
Morgan Craig Keith
Role
CLO & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 669 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F3 | 708 | $0.00 | $0.00 |
| Grant/Award | Vested Restricted Stock Units F1, F4 | 708 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F5 | 792 | $0.00 | $0.00 |
| Grant/Award | Vested Restricted Stock Units F1, F6 | 198 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F1, F7 | 2,942 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 669 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 295 | $156.53 | $46K |
| Exercise | Common Stock F1 | 594 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 262 | $156.53 | $41K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 5,233 contracts (Direct);
Vested Restricted Stock Units — 906 contracts (Direct);
Common Stock — 9,043 shares (Direct);
Common Stock — 1,226 shares (Indirect, By 401(k))
Footnotes (7)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. The reporting person has elected to defer settlement of 708 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.
- F5. 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.
- F6. The reporting person has elected to defer settlement of 198 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.
- F7. On August 4, 2026 the reporting person was granted restricted stock units, vesting in three equal annual installments on August 4, 2027, 2028 and 2029.
Key Figures
Derivative exercises: 2169 shares
RSU grant: 2942 units
Deferred vested RSUs: 708 units
+4 more
7 metrics
Derivative exercises
2169 shares
Total underlying shares from derivative exercises (code M) on August 4, 2026
RSU grant
2942 units
Restricted Stock Units granted on August 4, 2026, vesting 2027–2029
Deferred vested RSUs
708 units
Fully vested RSUs deferred under the Deferred Compensation Plan
Additional deferred vested RSUs
198 units
Additional fully vested RSUs deferred under the Deferred Compensation Plan
Shares withheld (code F)
295 shares at $156.5300 per share
Common shares delivered or withheld for exercise price or tax liability
Additional shares withheld (code F)
262 shares at $156.5300 per share
Additional common shares delivered or withheld for exercise price or tax liability
401(k) holdings
1226 shares
Indirect common stock holdings through a 401(k) plan after transactions
Key Terms
Restricted Stock Units, Deferred Compensation Plan, economic equivalent, contingent right to receive
4 terms
Restricted Stock Units financial
"Each restricted stock unit is the economic equivalent of one share of JKHY"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Deferred Compensation Plan financial
"pursuant to the reporting person's elections under the Issuer's Deferred Compensation Plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
economic equivalent financial
"Each restricted stock unit is the economic equivalent of one share of JKHY common stock"
contingent right to receive financial
"represents a contingent right to receive one share of JKHY common stock or cash"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did JKHY officer Morgan Craig Keith report?
Morgan Craig Keith, CLO & Secretary of Jack Henry & Associates, reported equity-compensation activity dated August 4, 2026. This included RSU grants, derivative exercises, deferrals into the Deferred Compensation Plan, and share dispositions coded F for payment of exercise price or tax liability.
How many new Restricted Stock Units did JKHY grant to Morgan Craig Keith?
He received a new grant of 2,942 Restricted Stock Units on August 4, 2026. A related footnote explains these RSUs vest in three equal annual installments on August 4, 2027, 2028 and 2029, providing time-based equity compensation tied to Jack Henry common stock.
What RSU deferrals were reported for JKHY’s Morgan Craig Keith?
The filing shows deferral elections for 708 and 198 fully vested RSUs. Footnotes state these vested units are deferred under the issuer’s Deferred Compensation Plan and will be payable in cash or common stock upon termination of employment or specified future dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
