Jack Henry (JKHY) CFO Mimi Carsley Exercises RSUs; Shares Withheld for Taxes

What Happened

• Mimi Carsley, CFO and Treasurer of Jack Henry & Associates (JKHY), had restricted stock units (RSUs) convert to common shares on August 4, 2026. The filing shows 6,212 RSUs were acquired/converted.
• To cover tax withholding obligations, 642 shares (worth $100,492) and 769 shares (worth $120,372) were surrendered at $156.53 per share — a total of 1,411 shares withheld for taxes, totaling $220,864.
• The filing also notes 1,202 vested RSUs for which Carsley elected deferred settlement under the company’s Deferred Compensation Plan (these deferred units will be payable in cash or stock per the plan).

Key Details

• Transaction date: August 4, 2026; filing date: August 6, 2026 (appears timely).
• Prices reported for tax withholding: $156.53/share; total tax withholding value $220,864.
• Reported actions include derivative conversions/exercises (code M), awards/grants (code A), and tax withholding/dispositions (code F).
• Footnotes of note:
  • F1: Each RSU equals the economic equivalent of one share (settled in stock or cash at issuer’s option).
  • F4: 1,202 vested RSUs were elected for deferred settlement under the Deferred Compensation Plan.
  • F3/F5/F6/F7: Vesting schedules referenced for RSU grants in 2023–2026.
  • F2: A prior May 14, 2026 purchase (375 shares) was actually acquired by a trust and is indirectly beneficially owned by the reporting person.
• Shares owned after the transaction are not specified in the excerpt provided.

Context

• These transactions are routine RSU vesting and tax-withholding events rather than open-market purchases or sales. The derivative entries represent conversion/settlement of RSUs (not option exercises requiring cash outlay).
• Withholding of shares to satisfy taxes is common and does not necessarily signal a change in insider conviction. Deferred settlement elections (here, 1,202 RSUs) postpone receipt and may be for tax or planning reasons.