Jack Henry (JKHY) CEO Gregory Adelson Receives Awards; Shares Withheld for Taxes

What Happened
Gregory R. Adelson, President & CEO and a director of Jack Henry & Associates (JKHY), received three equity awards totaling 6,190 shares (grants at $0.00). To satisfy tax withholding obligations tied to those awards, 2,747 shares were surrendered/disposed at $172.39 per share for aggregate withholding proceeds of $473,555.

Key Details

• Transaction date: August 27, 2026.
• Awards (code A): 2,456; 1,114; and 2,620 shares — granted at $0.00 per share.
• Withheld/disposed (code F — payment of exercise price or tax liability): 1,090; 495; and 1,162 shares at $172.39 each, totaling $187,905 + $85,333 + $200,317 = $473,555.
• Shares owned after transaction: not specified in the filing.
• Footnote/meaning: “F” transactions here reflect shares surrendered to cover tax obligations on vested awards (common cashless withholding).
• Filing timeliness: The Form 4 was filed 4 days after the transaction (filed Aug 31 for Aug 27 transactions), outside the usual 2-business-day window.

Context
This is a routine equity award vesting with shares withheld for tax purposes rather than an open‑market sale. Such withholding is common and is not the same as an intentional sale to raise cash or change investment stance. Transaction codes: A = award/grant; F = payment of exercise price or tax liability (share surrender/withholding).