Jack Henry & Associates (JKHY) director vests 1,220 RSUs on retirement
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jack Henry & Associates Inc director David B. Foss received 1,220 shares of common stock on July 14, 2026 through accelerated vesting and conversion of previously granted restricted stock units.
The RSUs were granted November 17, 2025, and the issuer accelerated the remaining unvested portion in connection with his retirement from the Board effective July 14, 2026. Following this, he holds 129,353.0000 shares directly and 5031.0000 shares indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,220 shares exercised/converted
Mixed
3 txns
Insider
Foss David B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,220 | $0.00 | -- |
| Exercise | Common Stock | 1,220 | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 129,353 shares (Direct);
Common Stock — 5,031 shares (Indirect, By 401(k))
Footnotes (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. Represents the accelerated vesting of restricted stock units (RSUs) previously granted on November 17, 2025. These RSUs were originally scheduled to vest in full on the earlier of (1) the day before the Issuer's 2026 Annual Meeting of Stockholders or (2) the first anniversary of the grant date; however, the Issuer accelerated the remaining unvested portion of the award in connection with the reporting person's retirement from the Board of Directors, effective July 14, 2026.
Key Figures
RSUs converted to common stock: 1220.0000 shares
Direct holdings after transaction: 129353.0000 shares
Indirect holdings via 401(k): 5031.0000 shares
+2 more
5 metrics
RSUs converted to common stock
1220.0000 shares
Restricted Stock Units converted into common stock on July 14, 2026
Direct holdings after transaction
129353.0000 shares
Common stock directly owned by David B. Foss following July 14, 2026 vesting
Indirect holdings via 401(k)
5031.0000 shares
Common stock held indirectly through a 401(k) plan as of July 14, 2026
Exercise/vesting date
July 14, 2026
Date of accelerated RSU vesting and conversion tied to Board retirement
RSU grant date
November 17, 2025
Original grant date of the restricted stock units that were accelerated
Key Terms
Restricted Stock Units, accelerated vesting, contingent right, economic equivalent
4 terms
Restricted Stock Units financial
"Represents the accelerated vesting of restricted stock units (RSUs) previously granted"
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.
accelerated vesting financial
"the Issuer accelerated the remaining unvested portion of the award"
contingent right financial
"represents a contingent right to receive one share of JKHY common stock"
economic equivalent financial
"Each restricted stock unit is the economic equivalent of one share"
FAQ
What insider activity did David B. Foss report for JKHY on July 14, 2026?
David B. Foss reported receiving 1,220 shares of Jack Henry & Associates common stock on July 14, 2026 through accelerated vesting and conversion of restricted stock units, with no open-market purchases or sales disclosed in this Form 4.
What triggered the accelerated vesting of RSUs for David B. Foss at JKHY?
The remaining unvested restricted stock units vested early when Jack Henry & Associates accelerated the award in connection with David B. Foss’s retirement from the Board, which was effective July 14, 2026, according to the RSU footnote disclosure.
How many restricted stock units did David B. Foss convert into JKHY common stock?
David B. Foss converted 1,220 restricted stock units into an equal number of Jack Henry & Associates common shares. Each RSU was the economic equivalent of one share or its cash value, and the RSU balance for this grant fell to zero after conversion.
When were the Jack Henry (JKHY) RSUs that vested for David B. Foss originally granted?
The restricted stock units that vested were originally granted on November 17, 2025. They were scheduled to vest in full before the 2026 Annual Meeting or on the first anniversary of grant, but vesting was accelerated upon his Board retirement.